TrustCash Launches Mobile Payment Service

TrustCash Launches Mobile Payment Service

US online payment services provider TrustCash plans to enter the mobile payments market. The company seeks to partner with key industry players and consultants, appoint an expert team and start providing mobile payments services. Trustcash currently develops a technology platform designed to enable customers to make anonymous mobile payment purchases online without using a credit card. The company is already in talks with Alligato, a Canadian provider of mobile long-distance services, regarding the delivery of an alternative payment service.
It sounds like the plans are still a bit far from being executed, the key thing here will probably be whether TrustCash can get 1 or 2 large nationwide partners to sign with them for a payment alliance. That would heavily broaden their scope. TrustCash now provides a normal wallet service, where consumers can refill their online account to pay for online services.
All research shows that there is definitely a market for something like this in the mobile payments sector, but there are right now a lot of aspiring small players trying to win the overall consumer market.

Tags: aligato, consumer, long-distance, mobile payment, trustcash

This entry was posted on Sunday, July 19th, 2009 at 12:20 am and is filed under General Mobile News, Mobile banking and payments. You can follow any responses to this entry through the RSS 2.0 feed.