International Telecommunication Union   ITU
 
 
Site Map Contact us Print Version
 Friday, May 05, 2006

A new mobile phone payment system has been launched in has been launched in the U.K. and Germany. LUUP (called LUUPAY in Germany) allows consumers to use their mobile phone like a wallet to shop with retailers or send and receive money on a person-to-person basis - with cash, debit/credit card and bank account functions built-in.