Google has officially announced the launch of its mobile contactless payment program based on near field communications (NFC) technology, which allows consumers to buy products and services by tapping their smartphones at any of the over 300,000 merchant terminals that are able to accept MasterCard PayPass transactions. So far, the technology is available only through the Sprint Nextel Nexus S smartphone, which runs on version 2.3.4 of the Android operating system, and contains an NFC chip. Moreover, the service is starting by only allowing either Citi MasterCards that have been…
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Isis mobile commerce network includes MasterCard, Visa, Amex and Discover
Isis, the joint venture mobile commerce network established by AT&T, Verizon Wireless, and T-Mobile USA, has recently announced that MasterCard, Visa, American Express, and Discover have all officially signed on to the network. Isis stated that this addition will offer considerably greater options and convenience for payments made by mobile subscribers, while it also helps to build the new network’s ability to utilize payment terminals that are already established in many retail locations across the United States. The creation of Isis was initially announced by the telecommunications companies at the…
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