Alan Cheslow: BOKU Launches Mobile Payments Service

June 16th, 2009
Alan Cheslow
BOKU Launches Mobile Payments Service – http://www.readwriteweb.com/archive…
BOKU Launches Mobile Payments Service
"There are 4 billion mobile phones in the world, but only 2 billion bank accounts. That's not just a bit of trivia, but the very raison d'etre for the new mobile payment service called BOKU, launching out of stealth mode today. The service essentially turns your phone into a credit card, allowing you to pay for things "by mobile" with the charges showing up on your cell phone bill at the end of the month." – Alan Cheslow
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