TextPayMe, a revolutionary new mobile payment solution
Now entering its public beta phase of testing, TextPayMe is a revolutionary new service that allows users to send money via text messaging.
To deliver a payment, a user simply enters the amount he or she wishes to send and the recipient's cell phone number (or personal alias) -- the transaction is instantaneous.
TextPayMe marks a revolution in the mobile payment industry. By providing a convenient and secure solution that works with virtually every mobile phone model across all major carriers in the United States, TextPayMe allows customers to start instantly -- without having to install applications or wait for cumbersome downloads.
The fees don't see too unreasonable either.
What do you think?
2 comments:
well...it takes 4-6 business days for me to transfer money from my checking acct to TextPayMe and then 3-5 business days for someone to withdraw money and put it in their bank account.
kind of slow.
TextPayMe looks like a copy of the SimPay system that flopped in Europe. I've seen another system from a company called Sapphire that's like the really successful, all-SMS-based system used in the Philippines and the LUUP system in the EU. The company's management includes a OSS KDE guy and one of the founders of the original MAC ATM network. They're launching soon; I'll post when I hear that they're up.
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