French carriers launch Buyster web and m-payment system

News Wireless France 9 SEP 2011
French carriers launch Buyster web and m-payment system
French mobile payment company Buyster will launch its online payment service on 13 September, a move intended to improve payment transaction security over the interent and deliver a payment platform suitable for m-commerce. Buyster is launching the service with the backing of shareholders Atos Origin, Orange France, SFR and Bouygues Telecom (25% each) and the Banque de France's approval. When the tie-up was first announced, it was described as France's answer to PayPal, Google and Apple in the online transaction sector. Buyster offers the possibility of associating a bank card with a mobile phone number. It will be possible to pay over the internet using a fixed or mobile phone without releasing bank details. Buyster's dual authentication rests on the use of any mobile phone for ID and password entry and the fact that banking information will not be sent over the internet. Buyster will be available free for all mobile devices, regardless of the operator.

Categories:

Mobile,  Internet

Companies:

Bouygues Telecom,  SFR,  Atos Nederland,  Orange Business France,  Buyster

Countries:

France

Tags:

e-Payment, Launch, Cooperations & alliances, Wireline, Wireless, Consumer, Enterprise

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