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Vodafone chief says Weve will launch this year

Vodafone's chief exec Vittoria Colao is bullish on mobile payments in the U.K. and promised  that Weve, the company's joint venture with British mobile carriers, will launch this year.

In a post at the Daily Telegraph, Colao said Weve, the mobile payment and collaboration formed by the U.K.'s three largest carriers (O2 and Everything Everywhere are partners with Vodafone), will likely begin services late in 2013.

Originally announced in 2011, Weve has been delayed thanks to the EU bureaucracy, Colao said.

"In Europe everything takes too long because we have organizations and bureaucratic controls that are excessive," Colao said in the post. "Now that we have the authorizations we will do our best [to launch mobile payments as soon as we can]." 

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