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Verizon Rolls Out Obopay's Mobile Payment System to 60 Million Subscribers

By Eric Mattson on June 20, 2007 10:24 AM

obopay%20logo.gifI usually hate to jump on the bandwagon about a particular news item. But since the WSJ, Washington Post and Payments News have decided to cover Obopay's just announced deal with Verizon, I figured I could mention it.

verizon%20logo.gif Certainly this is a major achievement for the startup, which had previously signed deals with smaller mobile providers like Helio and Amp'd. It will be interesting to watch the competitive responses from both competing mobile payment players and mobile providers.

If you're interested in learning more about Obopay's model, this white paper is a great place to start. If you want to get a broader perspective on the mobile payments space, I recommend OBR's detailed recent report on Mobile Money and Payments.

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