Says it has more such projects in the pipeline
Telefonica SA’s German unit O2 will begin managing applications-store payments for two additional mobile-operating systems this year.
A growing number of phone companies are looking to payment services to avoid being excluded from services requiring mobile transactions.
Telefonica CEO Rene Schuster said payments were a huge opportunity for mobile operators and the company has more offers for such projects in future.
O2 said that it would start offering customers to pay for apps for Samsung’s Bada technology on their phone bills, rather than using credit-card information.
Mobile-phone operators are looking to profit from the growth in the app industry, which may almost triple in size in four years according to industry predictions.
Device manufacturers and operators are also working to make near-field payments a reality.
France Telecom SA has said that it is going to work on a new version of SIM cards with capacity for contactless payments. Google is also implementing the technology in the latest version of its Android operating system.