Visa is taking a bold step into the mobile payments field Visa is currently involved in a numerous mobile commerce platforms, but the company is interested in launching its own and establishing a yet stronger position in the mobile payments field. Visa has announced its new Checkout platform, which is very similar to other platforms that allow consumers to pay for products using nothing more than their mobile devices. The platform is meant to be familiar in order to avoid some of the problems that mobile users have when adopting…
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ISIS platforms gains momentum over competitors due to slow and steady approach
Mobile commerce giant takes small steps. ISIS, the mobile commerce joint venture between Verizon, AT&T, and T-Mobile, is making slow, but steady progress toward a new pilot test this summer. The platform may be lagging behind the Google Wallet, which was formally launched late last year, but has already become one of the more popular platforms in the industry, despite the fact that ISIS has yet to see commercial release. The slow progression of ISIS seems to have been beneficial, as it has allowed the project to overcome the challenges…
Read MoreEveryone is talking about new mobile wallet technology
Though credit cards are still the standard here in the United States, in other parts of the world – such as Kenya – smartphones have replaced the card and card-reader technology which are now considered to be obsolete in that nation. In fact, among Kenyan adults, 70 percent use their mobile phones to pay for goods and services at a point of sale, and this country is not alone. Around the globe, an ever increasing number of people are using their mobile devices to pay for retail goods, groceries, and…
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