UK operator O2, part of the Telefónica stable, has announced to customers that it is closing down its O2 Wallet mobile commerce application, 18 months after it launched. The application will not function after March 31st this year, O2 said.
David Sear, the former chief executive of the Weve mobile network e-commerce joint venture, has been appointed as group chief commercial officer at Skrill Group.
The joint venture set up by UK’s mobile operators O2, Vodafone and EE — Weve — has announced a partnership with payment provider MasterCard. The two firms hope to accelerate usage of contactless mobile payments at the point of purchase in physical retail stores in Britain.
UK operator Vodafone has added its opted-in subscribers to advertising and commerce joint venture Weve, joining rivals EE and O2. With the addition of one million Vodafone subscriber details, Weve now has a database of more than 15 million UK subscribers.
Whilst UK mobile operators have yet to fully unveil their plans for a mobile wallet joint venture, dubbed Project Oscar (Weve), the UK’s Payments Council has been quietly working with leading banks and payment networks to roll out a nationwide mobile payments service next year in which the operators appear to have zero input.
Mobile operators preparing mobile wallet offerings will face potentially stiff competition from financial institutions, after UK quango the Payments Council announced plans to launch an industry-wide mobile payment service.
The m -commerce joint venture between UK operators Everything Everywhere, O2 and Vodafone; Weve (formerly Project Oscar)is going down the outsourcing route to grow quickly. The JV will outsource HR, payroll and recruitment functions to HR outsourcing specialist plusHR.