Vulnerabilities / Threats // Insider Threats
10/28/2010
10:30 AM
50%
50%

AT&T Partners With Mobile Payment Providers

Deals with BilltoMobile, Boku, and Zong give the carrier's wireless subscribers the ability to buy online goods and services from their cell phones.

Best Mobile Apps For Busy Professionals
(click image for larger view)
Best Mobile Apps For Busy Professionals

AT&T announced partnerships with three mobile payments companies Thursday, giving its wireless subscribers the ability to charge online purchases to their accounts from a cell phone.

The carrier will use BilltoMobile's Direct Mobile Billing payment service on a trial basis so subscribers can make mobile payments on several digital goods and services websites, AT&T said.

"This form of billing is the logical next step in the e-commerce mobile payments landscape that BilltoMobile and our strategic investor, Danal Co., Ltd, have pioneered for the past several years," said Jim Greenwell, CEO of BilltoMobile, based in San Jose, Calif., in a statement.

The carrier has also partnered with San Francisco-based startup Boku to give AT&T subscribers the ability to buy music, movies, digital news, and other services from their cell phones. By typing their phone number into their cell phone, customers can avoid using a bank card or PayPal account, and the charges will show up on their phone bill.

One of Boku's competitors, mobile payments platform provider Zong, has also inked a deal with the carrier to let subscribers make purchases through a "frictionless process," on a trial basis, the Menlo Park, Calif.-based mobile provider said. After verifying a customer's wireless phone number and account "in a matter of seconds," payment is cleared on the customer's wireless service account. Among its 200 carrier partners worldwide are T-Mobile, Vodafone, Orange, and O2.

"This agreement is a great step in bringing more convenience with a new online purchase experience to AT&T's wireless customers," said Zong CEO David Marcus, in a statement. "Our strengths, combined with AT&T's, can help make mobile payments more efficient, affordable, robust, and more economical for customers and merchants alike."

Virtual goods, such as sales on Facebook applications, have made up the bulk of Boku's and Zong's earnings. Within a month, AT&T customers will have access to other types of digital items, Boku senior VP Ron Hirson said, adding that customers are beginning to take mobile payments seriously. Mobile payments have not yet seen widespread momentum because carriers have required as much as a 40% fee for each purchase, so the seller hasn't been able to make a profit. AT&T reduced its fee to Boku, but the terms of the deal were not disclosed.

BilltoMobile's interface does not require any setup, application, download, registration, or interaction with credit or bank cards. Only two steps are involved to complete a secure purchase, which takes a few seconds, the company said. Consumers also don't have to reveal any account numbers with BilltoMobile's payment service.

Mobile payments are expected to be over a $200 billion market by 2012, according to Juniper Research.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: So...are we supposed to be the elves or the reindeer?
Current Issue
Five Things Every Business Executive Should Know About Cybersecurity
Don't get lost in security's technical minutiae - a clearer picture of what's at stake can help align business imperatives with technology execution.
Flash Poll
Dark Reading Strategic Security Report: The Impact of Enterprise Data Breaches
Dark Reading Strategic Security Report: The Impact of Enterprise Data Breaches
Social engineering, ransomware, and other sophisticated exploits are leading to new IT security compromises every day. Dark Reading's 2016 Strategic Security Survey polled 300 IT and security professionals to get information on breach incidents, the fallout they caused, and how recent events are shaping preparations for inevitable attacks in the coming year. Download this report to get a look at data from the survey and to find out what a breach might mean for your organization.
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2013-7445
Published: 2015-10-15
The Direct Rendering Manager (DRM) subsystem in the Linux kernel through 4.x mishandles requests for Graphics Execution Manager (GEM) objects, which allows context-dependent attackers to cause a denial of service (memory consumption) via an application that processes graphics data, as demonstrated b...

CVE-2015-4948
Published: 2015-10-15
netstat in IBM AIX 5.3, 6.1, and 7.1 and VIOS 2.2.x, when a fibre channel adapter is used, allows local users to gain privileges via unspecified vectors.

CVE-2015-5660
Published: 2015-10-15
Cross-site request forgery (CSRF) vulnerability in eXtplorer before 2.1.8 allows remote attackers to hijack the authentication of arbitrary users for requests that execute PHP code.

CVE-2015-6003
Published: 2015-10-15
Directory traversal vulnerability in QNAP QTS before 4.1.4 build 0910 and 4.2.x before 4.2.0 RC2 build 0910, when AFP is enabled, allows remote attackers to read or write to arbitrary files by leveraging access to an OS X (1) user or (2) guest account.

CVE-2015-6333
Published: 2015-10-15
Cisco Application Policy Infrastructure Controller (APIC) 1.1j allows local users to gain privileges via vectors involving addition of an SSH key, aka Bug ID CSCuw46076.

Dark Reading Radio
Archived Dark Reading Radio
Security researchers are finding that there's a growing market for the vulnerabilities they discover and persistent conundrum as to the right way to disclose them. Dark Reading editors will speak to experts -- Veracode CTO and co-founder Chris Wysopal and HackerOne co-founder and CTO Alex Rice -- about bug bounties and the expanding market for zero-day security vulnerabilities.