PayPal And iTagg UK Mobile Payment Solutions

It's interesting to see that PayPal have launched their mobile payment platform in the UK.

Once you have registered your phone with your PayPal account, you can either pay via SMS or a voice call.

Text to 62226 with the amount and recipient's phone number.

Example: send 5 to 07950001234

Then replying to the confirmation message with your PayPal PIN.

Or you can just call the voice service on 0845 355 0000 and follow the instructions.

The US service boasts some very big names as customers of the service such as MTV, Fox and Universal.

This service is geared for offline partners to accept PayPal payments, however another development that's due from PayPal shortly is payment system for charging for mobile internet content to be called WAP billing. Again this will take the payment from the users PayPal account and not using traditional methods such as reverse premium SMS.

Another payment platform was launched this week from iTagg.

Their Content Delivery and Billing Platform allows suppliers to sell mobile content on iTaggs managed service. Payment can be by credit card, premium SMS or PayPal. iTagg make their money by taking a cut of the charges.

Disappointingly, this is only available on the web at present, though a mobile version is promised for the future.

It will be interesting to see how the mobile payment systems from both PayPall and iTagg compare when they are launched. Another established player already active in this market to keep an eye on is Bango.