Visa Unveils Massive Mobile Payment Plans
Visa unveiled several partnerships on Thursday to move payment processing from the PC to the mobile phone.
The world’s largest credit-card organization said a partnership with Nokia would allow consumers to make payments with next year’s Nokia 6212 Classic and other next-generation Nokia phones. Visa will also develop an application with Google’s Android platform that will allow mobile payments, as well as deliver financial information to Android-based phone owners who also hold Chase Visa cards.
Visa also said that it would launch a trial with U.S. Bank and up to 6,000 cardholders to allow secure funds transfers to other Visa cardholders via mobile phones and PDAs. Finally, the credit merchant said that it was expanding its ReadyLink pre-paid service.
Visa regards the enhanced mobile services as part of the company’s channel offerings, Pam Zuercher head of global product innovation for Visa, said in an interview. “By extending the network into the mobile channel we’re enhancing global convenience,” she said.
Read the complete story at PC Mag

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