| New mobile payment service eschews cash and checks for phones
Mpayy Inc., an online and mobile payment processing company, will launch tomorrow a service that enables merchants and shoppers to conduct retail transactions using mobile phones and online payment accounts. Shoppers can use the Mpayy service with roving salespersons or on retail web sites. Merchants set up accounts on Mpayy.com to establish a mobile payment system. Mobile merchantsMpayy is not yet targeting bricks-and-mortar retailerscan access reports on sales, send funds to desired banks, manage refunds and perform other tasks through a web-enabled administrative application. Shoppers set up accounts on the Mpayy site, entering their mobile phone number, account nickname, and checking account information. To conduct a transaction with a roving merchantan Avon lady, for examplea shopper logs in to Mpayys mobile web site and enters the merchants mobile phone number or nickname, enters the amount of the purchase, and submits the information, which brings up a transaction confirmation page with a Pay button to complete the purchase.
6 powers propose new sanctions and restrictions on Iran
The six countries offered Iran a package of economic incentives and political rewards in June 2006 if it agreed to freeze uranium enrichment before talks on its nuclear program. But Iran has refused and defied two Security Council resolutions demanding suspension. The new proposal would freeze the assets of additional individuals and entities involved in Iran's nuclear activities. They were not identified in those parts seen by The AP. .
Isle Obama backer views win as key
This is now going to be a long-term contest for delegates, and Hawaii will be in the middle of the battle. "People who support Barack Obama need to know that they've got to show up (at the Hawaii Democratic caucuses) on Feb. 19." A spokeswoman for the Clinton campaign in Hawaii could not be reached for comment. .
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