The GSM Association appears to be getting more industry support for its mobile payment initiative. Announced at the 3GSM World Congress in Barcelona, the Pay Buy Mobile project will allow for the purchases of goods and services by mobile phone. The GSMA advocates two options for mobile payments, which will probably complement each other: over-the-air (OTA) downloads and preloading encrypted credit card information from the bank on the phone's SIM card.
Now Motorola has announced that it will participate in all GSMA mobile payments trials. In addition, the company will provide feedback to the GSMA Near Field Communications Technical Guidelines white papers and work with standardization bodies to provide further input.
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