Mobile Payments
Russian mobile network operators enter agreement over phone bill payment Friday 27 January 2012 | 02:41 PM CET

Russian mobile network operators OAO Mobile TeleSystems, VimpelCom and OAO MegaFon have entered an agreement to allow customers to make cross-payments on restaurant and utility bills and goods purchases, online media outlet businessweek.com reports.

According to the same source, customers with a MegaFon subscription can make payments to a retailer with an agreement with Mobile TeleSystems.

Russian mobile phone subscribers paid USD 660 million in goods and service bills using their mobile accounts in 2011, the same source reveals.

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