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Opera Intros 'Opera Payment Exchange' for Mini Browser

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Feb 28, 2012, 9:26 AM by Eric M. Zeman

Opera Software today announced the Opera Payment Exchange, a service that it says will act as the go-between for mobile content providers, network operators, and billing systems to enable widespread mobile payments that take place within Opera Mini. Opera is offering APIs to developers so that they can add mobile payment options to their services that function without requiring customers to leave the browser. Opera says the OPX will benefit every part of the mobile commerce ecosystem. End users will get a transaction platform that they can trust to be secure. Operators will get another way to generate revenue and use their existing carrier billing infrastructure. Financial institutions will gain a consistent mobile payment platform with which consumers will be familiar. Opera believes the addressable market for this service, its 160 million Opera Mini users, will entice companies to adopt its APIs and Opera Payment Exchange.

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