European Commission clears Vodafone, Telefonica UK and Everything Everywhere's mobile wallet and advertising plans

Everything Everywhere's been keeping itself plenty busy on the mobile wallet frontier and its involvement with the slow-burning alliance with Telefonica UK (O2) and Vodafone has finally been given a nod of approval from the European Commission. The joint venture aims to "remove a number of barriers" that are apparently hampering the phone networks' efforts, while it will allow businesses to connect with a single mobile payments system compatible with the majority of the UK's carriers. Take a look at more specifics (including the less thrilling advertising details) at the press release after the break.

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Filed under: Cellphones, Internet, Mobile

European Commission clears Vodafone, Telefonica UK and Everything Everywhere's mobile wallet and advertising plans originally appeared on Engadget on Wed, 05 Sep 2012 07:26:00 EDT. Please see our terms for use of feeds.