Boku is debuting a brand new mobile payments platform today, that aims to disrupt the current way that consumers pay for goods via their mobile phones or credit cards. As you may remember, Boku offers an online payments platform that allowed users to pay for online goods by charging the transaction to their mobile phone bill. When a user wants to purchase a virtual item, he can enter his cell phone number on a site, the site sends a text message to the phone, the user confirms the transaction with a short reply, and all the charges show up on his phone bill. With Boku's new product, called Boku Accounts, the startup is expanding online mobile payments technology to cover e-commerce and retail point-of-sale payments. The payments platform, which will be licensed to carriers, will be embedded on users mobile phones as well as via a pre-paid Mastercard credit-card.Source: http://feedproxy.google.com/~r/Techcrunch/~3/3AYrftjV_5k/
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