More mobile payment methods and wallets are testing and preparing for commercial launch with mobile joint venture Isis starting trials in two pilot U.S markets, Visa testing NFC (Near Field Communication) payments at the London Olympic Games, and PayPal trialing their mobile payment method with McDonald’s fast food restaurants in France. Read More
Mobile Wallet Providers, Carriers, Issuers and Card Associations Form Mobile Payments Committee
The four major wireless carriers in the U.S. along with financial institutions, card associations and mobile wallet providers have formed and joined the Mobile Payments Committee with the Electronic Transactions Association (ETA). The purpose of the committee is to define best practices for mobile payment solutions while educating legislators, merchants and consumers to foster and
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Google Wallet Gains Support from Additional Carrier: AT&T
Until just recently Google Wallet could only be used with a NFC-enabled phone offered by a single carrier, Sprint. However, AT&T customers can now also use Google Wallet with select devices, even though AT&T is a founding member of the competing mobile wallet consortium Isis. Read More
The Mobile Wallet Wars Begin
Since launch Google Wallet has been available on the Samsung Nexus smartphone offered by Sprint, but when Verizon started offering the same device at the end of 2011 they blocked the Google Wallet application. Read More
