OXFORD, United Kingdom-With as many as six mobile payment “standards” competing to gain acceptance, four European mobile operators have clubbed together in an attempt to agree on a clearinghouse mechanism that would provide secure payments among merchants, cell-phone users and banks.
The service will be launched in Europe this year, but plans are under way to extend the MPSA agreement to other regions, specifically the United States.
The four operators, Orange, T-Mobile, Telef