Visa today announced plans for a new mobile payment service that would make use of NFC-equipped smartphones, though not necessarily those for the company's Isis joint venture with AT&T, T-Mobile USA, and Verizon Wireless. According to Visa, the program works thus: Consumers buy a Visa-certified, NFC-equipped phone; they contact their Visa provider and ask to activate mobile payments; Visa links the user's bank account to the phone securely and requires a passcode that unlocks the NFC chip on the phone; Visa then downloads the payment application and account details to the handset.
Leading U.S. mobile operators AT&T, Verizon Wireless and T-Mobile have announced a new mobile payments service called Isis, which will allow customers to make payments using their mobile phones. This morning, the company announced i... Read Post
Isis, the near field communication (NFC) joint venture with Verizon Wireless, AT&T and T-Mobile said it has lined up HTC, LG, Motorola Mobility, RIM, Samsung Mobile and Sony Ericsson, who will introduce NFC-enabled mobile devices th... Read Post