Mobile payments system coming to .tel.
.Tel registry’s regional partner TelChina has inked a strategic partnership with China Mobile to build a mobile payment solution with .tel.
It’s not entirely clear what this entails, but the first phase will enable China Mobile customers to purchase and renew their .tel names via a Mobile-Pay portal using their mobile devices. This phase will be complete in May.
Soon customers will be able to purchase .tel domains using China Mobile credits as well.
Finally, China Mobile will build a .tel-specific portal to enable people to purchase and pay for services using their .tel.
It’s the last one that’s most puzzling — but potentially most interesting.
Source: domainnamewire.com
China Mobile has 594,931,000 subscribers as of today, adding millions more every month – try and wrap your head around that!
http://www.chinamobileltd.com/
The CEO of TelChina, Lucy Wang, was recently named China’s Prominent New Businesswoman:
http://www.telnic.org/blog/2011/03/30/telchina-ceo-triumphs-in-business-awards/
I expect other telcos will show interest in building services with .tel over time.
That’s the reason I hold mobilewallet.com almost 8 years turning down so many offers on $ high 5 figure range.
@ Mike, so YOU’RE the smart one who registered, MobileWallet – good for you! I registered, ScanSmartphone dot com, but don’t think it has much appeal, not like MobileWallet or TaptoPay.
There are some opinions that the technology is more viable in traditional cultures where people are more law-abiding like Japan. Not the US where the tech is risky from the huge criminal element, from hacking near field communications.