US company Boku was the first well-known example in gaming with its technology opening up payments via consoles and mobile devices.Īfter 2010, however, the rise in mobile app technology took phone payments to another level. They would then receive an SMS to confirm the transaction, which later appeared on their phone bill as part of their monthly charge.
The first web-hosted payment systems allowed users to enter their mobile number to make a purchase. However, it wasn't until well into the 21st century before mobile internet payments took hold. Mobile payments have been in the public domain since the 90s, when the likes of Sony Ericsson and Coca Cola experimented with buying goods via SMS. Pay by phone: a very 21st century way of paying
