Redwood City, California (ots/PRNewswire) -
- Global leader's support represents mobile payments milestone
Obopay, Inc., the pioneering service provider for payments via
mobile phones, today announced an investment from Nokia, the world
leader in mobile communications. This investment is a resounding
endorsement for Obopay's ongoing innovation in mobile money
"This investment is a landmark in the evolution of mobile
payments. It underscores the global potential of mobile money by
providing convenient access to money anytime, anywhere. Given Nokia's
position as the leader in mobile communications, we could not have
asked for a better investor," commented Obopay CEO Carol Realini.
Obopay has also named Teppo Paavola, vice president and head of
Corporate Business Development at Nokia, to its board of directors.
Obopay will use this minority investment to aggressively extend
their product suite and enhance their global presence, as mobile
devices become constantly more integrated into the daily lives of the
world's 4 billion mobile consumers.
Teppo Paavola, said, "This investment reflects our belief in the
global potential for mobile payments. Obopay has consistently
demonstrated its ability to redefine how people spend and send money
and has established itself as the leader in a competitive landscape."
For more information, visit www.obopay.com.
Obopay, Inc. (www.obopay.com) is a pioneering service that lets
consumers and businesses purchase, pay, and transfer money through
any mobile phone using Obopay's mobile application, text message,
mobile Web, or Obopay.com. As the first mobile payment service
created exclusively for the mobile phone, only Obopay works on any
mobile phone and any carrier to empower consumers and businesses with
the convenience of mobile payments. Obopay is bringing mobile
payments to more consumers through industry-first alliances and is
headquartered in Redwood City, California.
ots Originaltext: Obopay, Inc.
Im Internet recherchierbar: http://www.presseportal.ch
Erin Mitchell for Obopay, Inc., +1-646-712-3050, obopay@RLMpr.com