I was exposed to Obopay last night in class and have to say that this seems like it might be the next big thing… As I understand it, Obopay allows users to pay eachother through their mobile phones. Anyone can do it throughout any network and there is no banking required. https://www.obopay.com/consumer/GetHelp.do?target=FAQSendNSpendMoneyPage
This is the holy grail for busting those friends that always seem to forget their wallets (ok, that’s usually me, and it’s not forgotten as much as buried in some couch cushion) – forgot the wallet, no problem, just send me your half of our dinner check via your phone… right now. We were introduced to it through an international student in the class who had a conversation with a Norwegian bank that turned her onto an article about how Nokia will be white labeling this… slightly roundabout you might say. Regardless, this seems like there might be many potential applications for this (ticketing, debt payments, etc…) as well as other players who might want to.