Tag: mobile credit card payments

Visa announces payWave mobile payments provisioning service

Sam Lambert
Visa Mobile Payments News

Visa has unveiled a new level to their mobile payment system, payWave, which will provide an over-the-air smartphone provisioning service. The announcement was made in Barcelona at the Mobile World Congress, and according to the company, this new service is designed to make it simpler for banks, operators, and transit operators to connect a consumer’s smartphone with Visa payment accounts. Though consumers may not find this quite as thrilling as the release of apps for a mobile wallet, what Visa has now released what they feel is a primary element…

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ISIS mobile payment joint venture introduces its first banking partners

John Montgallo
Mobile-Commerce

The ISIS mobile payment joint venture, which was created by AT&T, Verizon, and T-Mobile, has just introduced its first banking partners, which include Capital One, Chase, and Barclaycard. These new banking partners will be adding their debit, credit, and pre-paid cards to the ISIS mobile wallet in time for its inaugural launch in the summer of 2012. These card issuing giants have more than 100 million American customers, providing ISIS with a strong foundation when it hast its first start in Salt Lake City, Utah, and Austin, Texas. The ISIS…

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JPMorgan Chase announces investment into GoPago

Sam Lambert
Mobile Payments

JPMorgan Chase & Company has announced that it has made an investment into mobile payments technology, with the emerging provider, GoPago, Inc. GoPago is the developer of a smartphone app that is available to consumers for free, and allows them to find products and services, put them into their shopping cart, and then make their purchase. The investment has been made by purchasing Series A preferred stock from GoPago, which will provide the company’s intentions to expand with the support it needs so that it can reach into the mobile…

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Study shows that by 2018, use of mobile photo bill pay in U.S. may reach 33 percent

Julie Campbell
Mobile Photo Pay

Mobile imaging solutions leader, Mitek Systems, has announced a new AlixPartners, LLP., research paper entitled “Consumer Market Outlook for Mobile Photo Bill Pay”, which looked into the latest payment market trends and which predicted that the use of mobile photo bill pay may reach 33 percent among American consumers by 2018. If this is the case, then it could mean that by that year, mobile payment channels would receive the migration of 1.4 billion bills. Mobile photo bill pay (MPBP) is a form of mobile banking app that is based…

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