Cyphermint Inc. announced the launch of its PayCash Mobile which will allow customers to use their cell phones as a payment device. The service will allow any Internet enabled phone to act as a mechanism for payment authorization.
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Transactions are in real-time and funds are transferred to and from accounts instantly and securely. It will not require downloading and works with any Internet-enabled device. The system is also linked to a stored value card, which allows users to load funds into the account, as well as withdraw cash from an ATM. Users can customize their menus to include shopping, bill payment, subscription services, donations and person-to-person transfers.
For info: www.paycashmobile.com.
