Most people I know in the UK use it a cheaper replacement for MMS. Sending pictures quickly and much more cheaply with inclusive data bundles. A lot of people have unlimited SMS but MMS is still very expensive for some reason.
I'd start to be concerned over 50ms.
Link to Original Source
Pay for the what now ? I can logon to my bank online, and given any sort code and account number transfer any sum of money I choose, (that I have available), for free. This is standard across any UK bank I am aware of. Lots of these types of transactions are instant now too, (or certainly very quick), some institutions still drag and you have to wait a day or so, but they are becoming fewer.
A lot of banks also have a great deal of large companies details stored for you, making it equally as easy to pay any bill.
now we could feed THAT into a flux capacitor.....
The only requirement is to keep the logs for a year, from/to/time/date. Their thoughts (rightly or wrongly) is they want to be able to bring email inline with telephone records, where they can find out who called who and when - but not what you spoke about (we'll leave that to Echelon).