Nokia sells eRefill to Chinese Jiangxi Mobile

Jiangxi Mobile Telecommunication Co. Ltd. bought Nokia’s SMS-based solution for micropayments. As people are able to add money to their subscription accounts, the older voucher-based prepaid card mobile service will get a serious competition. I would say that eRefill could have strong impact on Asian markets, where the prepaid model is widely used. This deal happens to be Nokia’s first delivery of eRefill to Chinese markets so we just might be on the brink of change in business model. Article can be read in detail over here.