Nokia Makes Investments for the Obopay Company

In the next few years the payments, made via mobile phones, will become very popular. Nokia is well aware of this and has already started to cooperate with the Obopay company.

The U.S. company is developing Obopay mobile payments system, which will pay for goods and services, or simply transfer money from one account to another. Details of the financing agreement were not disclosed, but we know that Nokia has invested a considerable sum into the Obopay company. On this occasion, the Vice-President and the head of corporate business development of Nokia, Teppo Paavola was included to the Board of Directors of Obopay.

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