AT&T reveals mobile payment plan

AT&T has partnered with mobile payment companies Boku, BilltoMobile and Zong to let AT&T subscribers use their mobile phone number to purchase downloadable content, reports Investor Place.

Mobile payments have yet to take off outside of the in-app and in-game purchase markets in mobile social network tools. Most phone carriers take a significant percentage of each transaction, as much as 40% in some cases, making it difficult for businesses supporting the payment method to turn a profit.

AT&T has not revealed what percentage of each transaction they are taking, but it can be assumed that they are offering a more competitive rate than has been traditionally seen with mobile payments.

Billtrust has become a member of PayItGreen, a partnership of companies that is committed to educating consumers and businesses about the positive environmental impacts of choosing electronic billing and payment over paper, states San Francisco Chronicle.

A key part of Billtrust's outsourced billing solution is their dedicated e-Adoption programme that works with customers to drive paperless delivery.

"As part of Billtrust's CompleteBilling service, we aggressively help our clients migrate their customers to electronic billing," says Mitch Rose, Billtrust VP of marketing. "This makes our company a great fit for PayItGreen."

Online payments giant PayPal kicked off its second annual Innovate developer's conference by unveiling mobile, social media and digital goods payment tools, says Internet News.com.

Mobile Express Checkout, a secure checkout feature, extends PayPal's mobile payments platform.

PayPal said it expects more than $700 million in mobile payments to go through its payment infrastructure by the end of 2010 out of the $1 billion in payments it expects to process from all sources.