Are you familiar with paymate system

Paymate holds the distination of being the world’s largest and most broad based mobile ,pament eco-system.

Paymate enables mobile phones to function as virtual credit cards, debit cards on bank accounts, whereby a customer can make any purchases via SMS. The transaction device without any geographical limitation and can be used for payments made online, over the phone, across the counter or just about anywhere.

Are you comfortable with such a payment system?

 

I sometimes use mobile to send money. I think it is convenient.

 

I guess this will part of the future payment systems. It is a very convenient way to pay for services with a small price.

 

It is a very convenient way to pay for services with a small price. i agree to it.

 

anthonyn, thanks for bringing my attention to this, im going to check them out.

 

i use this quite alot for small things. i know some places are doing trials using wallet functions on nokias to load funds linked from credit card and then being able to bluetooth orders and payments over in shops. sounds like big brother having more control over us (cos itll all be monitored over the airwaves)

 

I agree with the big brother thing prying into peoples purchasing privacy, its not good, its predicted that all transactions are going that way, everything traceable, the barcode takes over.

We pay a hefty price in exchange for convenience.