Canada Telecoms Launch Mobile Payment Service

GregDz11 writes to inform us that Canada's three main wireless companies will be launching a service that allows customers to send, request, and receive money via their mobile phones. "The service, called Zoompass, will be managed by Enstream, a joint venture the three carriers first established in 2005, when it was called Wireless Payment Services, to investigate the potential of mobile commerce. [...] Money can be drawn from an account the user sets up or from their credit card. Each withdrawal will cost 50 cents from the account, or 3.5 per cent of the transaction if from a credit card. (As a result, sending dollar amounts under $15 are actually cheaper to do using a credit card.)"

Once this hits Verizon...

[swanzilla]

...I can get hosed for random charges more conveniently. And pay 50 cents to do so!

Re:Overpriced

[Hognoxious]

[verizon] it's not $0.50, it's 50 cents [/]

mobile wallet

[Bradmont]

FTA:

The venture is the first tentative step toward a true mobile wallet

My wallet has been mobile for years already...

Re:mobile wallet

[Time_Ngler]

Sorry dude. I meant to rate this as funny but I accidentally hit overrated, so this reply will undo what I've done. So please accept this personal review of your comment. It is a quick witted humorous note.