MoBank App Takes Shopping to the IPhone in the UK

Mikael Ricknäs, IDG News Service iPhone and iPod Touch owners in the U.K. will be able to use their devices to buy and pay for goods using a new application from MoBank. The company has done a soft launch, but will start to push the application more aggressively on Monday, according to CEO Steve Townend. MoBank customers will, for example, be able to book and pay for movie or concert tickets, order fast food or buy new shoes. Convenience is the big advantage: "You can do what you want, when you want," Townend said. iPhone users need to download the application from the AppStore and register a credit or debit card to pay using a personal identification number, he said. iPod Touch users need a Wi-Fi connection for the application to work. The app's store has been developed with the mobile phone in mind, rather than an Internet... [read full story]                    

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