Once the Mobile 2.0 goes popular, the Mobile Payment will be the next hot topic (actually it already is now). I reviewed all the existing/potential solutions here and also put some of comments.

1.Premium SMS
Premium Rate is a charge to the consumer above the normal cost to receive and send SMS messages. The growth in premium SMS can provide consumers some complex interactive services such as mobile gaming as well as the purchase of items including mobile ringtones, wallpapers and logos, etc.
*Advantage:

*Disadvantage:

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Gang Lu

Dr. Gang Lu - Founder of TechNode. He's a Blogger, a Geek, a PhD and a Speaker, with passion in Tech, Internet and R'N'R.