Industry giants join effort to accept credit card payments through mobile phones

Google Mobile Commerce News

Industry giants and market leaders are now reporting by the dozen that they are quietly working together to come up with a system for mobile payments that will allow consumers to use their mobile devices to pay for purchases with their accounts. Among the retailers were Target and Walmart, which have kept their mobile payment pursuits quite discreet, but that have been heading toward the traditional strategy to cut out as many middle-men as possible, as it may position them to compete against a number of mobile wallet platforms that…

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ISIS mobile payment joint venture introduces its first banking partners


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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