V3 attended the launch of O2's Wallet application on Wednesday and was given a demonstration of the service in action by the Money division's commercial director, Simon Cottenham.
He showed us how the app can be used to send money between devices on any UK mobile network and explained some of the security testing that the firm had done to ensure the service should withstand an outside threats.
The application works on iOS, Android and BlackBerry devices, but not the Windows Phone platform, although there is a web-based version that can be accessed.
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A survey of local authorities has found that they face challenges in the areas of data, compliance and mobility.
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