Text Messages Now Used for Payment: eMobile Service Based on iSMS® Developed by Luottokunta, BookIt and Microsoft
Luottokunta, BookIt Oy and Microsoft have worked together to develop the world’s first authentication service, which allows for mobile payments from any mobile phone and via any operator, using so-called iSMS®. Luottokunta eMobile is a digital service based on a new authentication method, which gives consumers an easy way to purchase services, and vendors a flexible way of making additional sales. The advantage of iSMS® is that the use of the service does not require additional accessories or applications for the phone. Earlier systems have been based on authenticating the mobile phone