Danal, another mobile payments company, launches

Danal, another mobile payments company, launches

Danal, a company that wants to let young people use cellphones to make payments without owning a credit card, is about to launch in the U.S. with a separate subsidiary, according to the WSJ.

It lets you buy downloadable music or other digital goods — and charge it to your mobile-phone bills using an authentication code.

Danal is the latest in a zoo of such companies, however, and it isn’t clear what makes the company unique. As… Continue Reading