BillToMobile has just signed a deal with Sprint to allow the carrier’s customers to purchase items with their mobile phones. With this deal BillToMobile now has three of the four major carriers in the U.S.–their previous deals with Verizon and AT&T. T-Mobile is the only major carrier to not have a deal with the company thus far.
BillToMobile’s majority shareholder is South Korean Danal Corp., a leader in carrier billing in Asia where mobile payments are quite popular. BillToMobile lets subscribers charge items directly to their phone bill by using their mobile handset. Right now all the items available to purchase are digital items like songs or video games. Expect to see physical items in the future when it can lower the fees to be more reasonable.
Hopefully mobile payments will take off in the future with advancements of NFC (near field communications) technologies and be as ubiquitous and easy to use as in Asia. With the Sprint deal BillToMobile now has a reach of 240 million subscribers in the U.S. through the three carriers. Sprint’s implementation is expected to come within the next few months.
[via All Things Digital]