Posted by: Ann Treacy | December 22, 2009

Minnesota Company gets into Mobile Money Transactions

A couple of weeks ago I wrote about a top 10 tech predictions for 2010 article written by the CEO of Mashable. One of the hot trends mentioned was mobile payments. So I was pleased this morning to read about a Minnesota-based company that is getting involved with mobile payments.

On December 21, MoneyGram launched a pilot of the service in a select number of agent locations in San Diego, California, and Hong Kong. Consumers can send transactions from these pilot locations to any SMART Money account linked to the SMART mobile phone in the Philippines. Most of the article I read focused on the service in the Philippines – but it wasn’t the details that struck me here.

I liked to see a trend getting some traction and I like to see a Minnesota-based company leading the way!

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