Monday, August 13, 2007

Visa gets mobile payment trials underway

At the Consumer Electronic Show in January, Visa International announced a mobile platform initiative that would lay the foundation for mobile payment solutions based on near field communications and featuring electronic coupon redemption and bar code transfer capabilities. At CTIA in March, the company announced that Ecrio and VeriSign would be two of its primary partners and that trials would begin this year. Today, Visa said it has teamed with Wells Fargo & Co. to launch of an extensive mobile pilot to test consumer mobile payments and services.

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