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eCommerce - Thursday, December 8, 2005

The Money Is In the Text Message Mail

textpayme.png

This is a pretty cool product/company launch where users can pay each other via Text messaging in amounts up to $500. The service was developed in response to Craig's list purchases where buyers often don't approve a purchase until they are on the seller's premises. If they like the bike or coach, Paypal is often not convenient, but a cell-phone and TextPayMe is. All a user has to do is enter the dollar amount and the seller's cell phone number.

The company was founded by some Microsoft alums in Redmond and is bootstrapped to date.

Read - TextPayMe, A New Mobile Payment Solution (Textually)

Can I share some resources with you?

Posted by: clifford at July 5, 2006 06:32 PM

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