Way back in May 2011, we heard that O2 was “committed to launching a mobile wallet service during the second half of 2011”. Clearly that didn’t happen, but fast-forward to the first half of 2012, and now the network has officially launched O2 Wallet.
With O2 Wallet, you can send money to your fellow O2 Wallet-rocking friends “as quickly as a text”. In a neat twist, you don’t actually have to be an O2 customer. Nice.
The O2 Wallet app is available for iOS, Android and BlackBerry, but there’s an Angry Birds Space-style slap in the face (in the sense that it’s coming but miles behind the rest of the pack) for Windows Phone users, I’m afraid.
Here comes James Le Brocq, Managing Director at O2 Money, with a big massive rant about why O2 Wallet is so good. Ready? Hit it, Jim:
"O2 Wallet delivers the benefits of mobile money to more UK consumers than any other product or service currently available.
"With O2 Wallet, it's easier to transfer money, track expenditure and pay swiftly and securely, all using your mobile. We believe it will transform the way people manage their finances and spend money.
"Additional functionality will soon enable consumers to use O2 Wallet to top-up mobile airtime, buy train tickets and make mobile contactless payments via NFC technology.
"We recognise that security is absolutely key. O2 Wallet has been trialled internally for months and has undergone extensive 'stress-testing' with security experts.
"In additional to PINs and passwords, all personal details and financial data are held on remote central servers rather than on the mobile device itself. This, we believe, is the safest and most secure way to deliver mobile payment services."
Phew. If your hunger for O2 Wallet information remains unsatisfied, head over to the O2 Wallet site for loads more.