Wells Fargo contactless credit cards rollout to bank customers

Wells Fargo Contactless Credit Cards - Visa Contactless Card

Wells Fargo & Co. has announced the tap-to-pay technology for its credit and debit cards. Wells Fargo contactless credit cards are now being rolled out to its new customers. The San Francisco-based American multinational financial services company is joining its rivals JPMorgan Chase & Co. and Bank of America Corp – among other US banks – who have already adopted this NFC (near field communications) tech for their credit and debit cards. Wells Fargo customers will be able to tap their credit cards to make payments instead of swiping them.…

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Mobile commerce security promoted by Wells Fargo accelerator program

Mobile Security

Zumingo has become the first member of the Wells Fargo Startup Accelerator As mobile commerce becomes more popular, security is becoming a greater priority. Zumingo Corporation, a leading provider of security solutions, has announced that it has become the first member of the Wells Fargo Startup Accelerator. The program was fashioned by Wells Fargo to support innovation in the technology sector and support solutions that could lead to better consumer protection and experience. When it comes to mobile commerce, the accelerator program may help spur some advances in security solutions.…

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Visa launches its own mobile commerce platform

Visa Mobile Payments News

Visa is taking a bold step into the mobile payments field Visa is currently involved in a numerous mobile commerce platforms, but the company is interested in launching its own and establishing a yet stronger position in the mobile payments field. Visa has announced its new Checkout platform, which is very similar to other platforms that allow consumers to pay for products using nothing more than their mobile devices. The platform is meant to be familiar in order to avoid some of the problems that mobile users have when adopting…

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Everyone is talking about new mobile wallet technology

Mobile Payments

Though credit cards are still the standard here in the United States, in other parts of the world – such as Kenya – smartphones have replaced the card and card-reader technology which are now considered to be obsolete in that nation. In fact, among Kenyan adults, 70 percent use their mobile phones to pay for goods and services at a point of sale, and this country is not alone. Around the globe, an ever increasing number of people are using their mobile devices to pay for retail goods, groceries, and…

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