Feeds

Simpay halts mobile commerce project

What about those billions of mobile commerce euros?

  • alert
  • submit to reddit

Security and trust: The backbone of doing business over the internet

Less than 18 months after exhorting mobile operators around the world to join it in a billion-euro mobile commerce party, Simpay has breathed its last. The company quietly posted the announcement on its website on Friday, last week.

The company was set up by Orange, Vodafone, T-Mobile and Telefónica Móviles, to enable payments of €10 or less. The idea was that people would be able to charge small purchases to their mobile phone bills, with Simpay taking a small slice of each transaction.

However, one of the founders has dropped out, and the rest of the organisation has followed suit. Simpay representatives are not commenting on the news, so we don't yet know which operator got cold feet.

"Simpay’s operations will be scaled back with immediate effect. Member operators will be able to exploit Simpay’s intellectual property rights at a national level, although international interoperability remains a goal," the statement says, adding that all of the operators still believe in the Simpay vision, and that members will make their plans known "in due course".

Analysts at Forrester, however, remain unconvinced that the program could ever have worked. "Simpay’s pan-European mobile payment scheme was doomed from the start," said Forrester's Michelle De Lussanet.

"The business volume from mobile content services transactions just isn't there, either on a national or a pan-European basis. Furthermore, operators' collection costs are simply too high." ®

Related stories

m-commerce security risks exposed
People want to pay by phone
Samsung phones to double as wallets
Simpay eyes 1bn m-commerce bounty

Protecting users from Firesheep and other Sidejacking attacks with SSL

More from The Register

next story
Brit telcos warn Scots that voting Yes could lead to HEFTY bills
BT and Co: Independence vote likely to mean 'increased costs'
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
ISPs' post-net-neutrality world is built on 'bribes' says Tim Berners-Lee
Father of the worldwide web is extremely peeved over pay-per-packet-type plans
New 'Cosmos' browser surfs the net by TXT alone
No data plan? No WiFi? No worries ... except sluggish download speed
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Turnbull: NBN won't turn your town into Silicon Valley
'People have been brainwashed to believe that their world will be changed forever if they get FTTP'
Google+ GOING, GOING ... ? Newbie Gmailers no longer forced into mandatory ID slurp
Mountain View distances itself from lame 'network thingy'
Blockbuster book lays out the first 20 years of the Smartphone Wars
Symbian's David Wood bares all. Not for the faint hearted
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.