Monday, February 27, 2012

Visa announces new mobile payment solution

Visa announces new mobile payment solution

. Visa on Monday announced a “one-stop” mobile payment solution that looks to compete directly with Google Wallet and the carrier-backed ISIS payment system. After a consumer purchases a “Visa-certified” NFC-equipped smartphone, he or she can contact the company and activate the handset for mobile payments. The device will be securely linked with a user's bank account and can then be used to make mobile payments anywhere Visa's payWave system is accepted.

Boy Genius Report, Visa announces new mobile payment solution

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