Phone Payment Company Gets Funds

Phone Payment Company Gets Funds

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A company called Bling Nation, which hopes to make it easier for customers to pay for items in-store with their mobile phones, has received $8 million in venture capital funding, the BusinessInsider.com Web site reported late last week.

The company, whose product is called Redi Pay Bling, works with RFID stickers that allow users to use their phones in place of credit cards, while also putting RFID stickers in stores. 

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