Techcruch reports about TextPayMe which is coming out of beta. In U.S. only, Textpayme’s system allows the user to sms the payment to another phone number.
At present, the service is free. Techcruch explains how it works,
... to send $15.27 to a friend with mobile number (206) 555-1234, you would text ‘PAY 15.27 2065551234″ to SMS@TextPayMe.com.
Like Paypal, this service is tied to your bank account for moving money into and out of the virtual account. You can also give TextPayMe your credit card number for making ‘overdraft’ payments.
Finally, the U.S. is trying to catch up with Japan and other countries when it comes to innovative usage of the mobile services.
Like Paypal also, Textpayme is giving out money ($ 5 credit) for everyone who signs up for the service.
