Visa Unveils Massive Mobile Payment Plans

Visa unveiled several partnerships on Thursday to move payment processing from the PC to the mobile phone, reports PCMag.

"Visa 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. "

emily | 6:26 PM | SMS and Banking |
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