UK carrier O2 dropping its mobile wallet service after less than two years

O2 UK's carrier-independent Money mobile wallet may have proven a little too ambitious. The network is shutting down the service on March 31st so that it can investigate "new and better ways" to handle payments -- in other words, it's not satisfied with Money's performance. Both the market and O2's parent company Telefonica have changed in the past two years, the provider tells Computerworld UK.

via Tech News Headlines - Yahoo News http://www.engadget.com/2014/01/13/o2-uk-to-close-its-money-service-on-march-31st?ncid=txtlnkusaolp00000589