Visa stock rises as a result of mobile commerce growth

Mobile Commerce

Credit card giant’s share rises to $126 with positive outlook in quarterly report. Over the past few months, Visa has been watching its stock climb as it has unveiled various innovations and initiatives that have strengthened the company’s future outlook with investors in emerging markets and mobile commerce. The quarterly report from the company has shown that its performance has been very strong and that these favorable results will continue along with those of its competitors at American Express and MasterCard. For this reason, its stock estimate has been revised…

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Visa awards several telecommunications companies with approval to use the payWave software

Visa Mobile Payments News

Visa Inc., one of the world’s leading credit associations, has announced that a number of NFC-enabled smart phones… from companies like Samsung, LG Electronics and Research in Motion have been awarded with certification to use Visa’s payWave software. payWave is a form of mobile wallet that is installed on a smart phone’s SIM card. The software relies on NFC technology to facilitate mobile payments. The mobile devices made by the companies awarded with the certification will be able to include the software with their new mobile devices. Mobile commerce is…

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