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Comment Premium rate SMS as micropayment system? (Score 1) 283

Why doesnt someone create/use a premium rate SMS as a micropayments system. Is there such a system out there?
Eg: A mobile user on a website is interested in content, send sms to number on web site(about .25c per text) and returned an aurtorization code to your cellphone to access the site/comic.

Most kids have cell phones but not credit cards

My two cents

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