Mobile solutions provider 2ergo Group Plc has set up a payment system that will allow mobile phone users to use their handsets to purchase goods and services, just days after it acquired a Manchester-based video over IP provider.
According to the AIM-listed company, it is the first to launch a payment system on the UK market, and it has already set up billing connections with the Vodafone, T-Mobile and Orange networks.
2ergo says the Payforit scheme is intended to promote a safe and trustworthy environment under which mobile phone users may purchase goods and services from the mobile Internet and charge to their mobile phone.
The Payforit scheme was derived from a strategic UK cross mobile network operator initiative to promote a safe and trustworthy environment under which mobile phone users may purchase goods and services, billed to their phones.
The idea of using one’s mobile phone to purchase goods has long been touted but has failed to materialize over concerns about the security of using such a service. Details about the service are still sketchy, and 2ergo did not return Computer Business Review’s calls.
2ergo recently purchased VICS Ltd for an undisclosed amount, to enhance its credentials in the video mobile solutions market. VICS was formed in 2000 after being spun off from Manchester University. A founding member of VICS, David Stead, plus a team of developers, joined 2ergo and have formed part of its new video division.