Qualcomm Funds P2P Mobile Commerce
We’re pleased to see that OboPay has closed its second round of funding lead by $7 mn from none other than Qualcomm! That would indicate it’s quite likely we’ll see a strong push for their BREW-based P2P mobile commerce application in the future. This news also seems to be at least somewhat disruptive to the existing embedded IC chip effort lead by Sony and Phillips. As both KDDI/au and Vodafone (almost SoftBank Mobile) are running on Qualcomm’s chipset in Japan, this development might present them with a viable alternative to paying license fees to FeliCa Networks as well…