French telecom operators join hands to launch new Internet payment platform.(FRANCE)

France-based telecom operators Orange Telecom, Bougues Telecom, and SFR are joining hands to launch a new Internet payment platform akin to PayPal. They announced that this platform called Buyster would enable France-based firms to get a foothold into the Internet payment segment that continues to be dominated by Google and Apple. The three operators are aiming to launch the new platform this summer in association with IT giant Atos Orgin to serve over million users.