how will mobile payments work Archives

Testing mobile payments platform in Austin Texas next year

06/24/2011 Stephen Vagus

Next year, Austin, Texas, will be the staging ground for a new mobile payment venture platform known as Isis. It is a joint venture comprised of wireless technology companies AT&T, Verizon and T-Mobile. Isis will be testing the viability, popularity and efficiency of mobile payments throughout 2012 in preparation for nationwide launch the following year. The platform makes use of NFC technology and a number of applications for various types of smart phones are being developed to ensure that a large number of people will be able to participate in…

Starbucks forges ahead for mobile payments.

06/19/2011 Stephen Vagus

A number of big tech-based companies, such as Google, have promised that NFC technology will revolutionize mobile commerce, eventually. Starbucks is unwilling wait for the day Google released their much hyped Google Wallet, a mobile payment platform for smart phones, and is expanding their already popular mobile payment application to the Android market. The coffee giant has seen success with their mobile payment application for months. The app’s first incarnation is a gift card which shoppers were able to use to purchase drinks by waving it in front of a…