Motorola Joins GSMA "Pay-Buy-Mobile" Initiative

Company selected as a handset solutions supplier for GSMA sponsored trials on mobile payment

Motorola, Inc. (NYSE: MOT) announced on June 14 its intention to participate in the GSMA Pay-Buy-Mobile Initiative. The Company will potentially participate in all trials facilitated by the GSMA which will drive forward developments on mobile payments.

Motorola will also provide feedback to GSMA Near Field Communications Technical Guidelines white papers, and work with standardisation bodies such as ETSI and the NFC Forum to further provide input to the development process.

Near Field Communications and the associated applications, including payment, are a strategic focus area for Motorola. Motorola is committed to working with the GSMA Pay-Buy-Mobile Initiative and the broader industry to facilitate the development and implementation of a NFC ecosystem.

"Participating in the GSMA Pay-Buy-Mobile Initiative further advances Motorola's goal of bringing the promise of mobile payments and financial services to customers around the globe," said Alan Wright, senior director, Strategic Business Development, Mobile Devices, EMEA and India. "It is a key component of our strategy to deliver seamless mobility to mobile consumers." -Motorola UK

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