Online payment company PayPal on Thursday said MTV and the National Basketball Association (NBA) and others will accept payments from a new service allowing purchases by mobile phone text message.

The move by PayPal, a unit of online auctioneer eBay Inc., marks a big step in bridging the worlds of electronic commerce and brick-and-mortar stores, by giving consumers a pay option via telephone.

PayPal Mobile lets consumers instantly buy goods and services, such as compact discs, DVDs and apparel, by sending product codes via text message.

PayPal President Jeff Jordan is set to introduce PayPal Mobile, a service that allows consumers in the United States and Canada to send money anytime via mobile phone, at a keynote speech at a mobile industry conference in Las Vegas.

PayPal has more than 100 million customers worldwide. To use PayPal Mobile, customers must activate their mobile phones by signing on to their PayPal accounts here.


Send to a friend | Permalink | Del.icio.us | Go To Top
Translate: