Nokia introduces Nokia Money

Nokia today introduced Nokia Money, new mobile financial service-offering consumers with mobile device access to basic financial services.


This new mobile financial services enables consumers to use Nokia mobile phones to manage their finances like making payments from a mobile phone.


The Nokia Money is based on Obopay's mobile payment platform and Nokia intends the service to be open and interoperable with other payment services as well.


The Nokia Money service will be shown for the first time at Nokia World on the 2nd and 3rd of September 2009 in Stuttgart, Germany, and it is planned to be rolled out gradually to selected markets, beginning in early 2010.