Rollcomm have just launched a new mobile-to-mobile payment system called Rollpay and is currently pitching their new system to retailers, wholesale traders, banks and operators.
Rollpay is a free to use for customers payment system that then charges the merchant a fee for the transactions. Its currently available on Nokia Phones but is soon to be released on iOS, Android and BlackBerry OS.
Here’s an example of a transaction using a mobile phone and handheld terminal similar to that you might find in a retail store.
Via Into Mobile