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New Mobile Payment System Coming From Retailers

Article Comments  4  

Mar 1, 2012, 7:40 PM   by Rich Brome   @rbrome

A new mobile phone payment system - to compete with Google Wallet and ISIS - is being built by a group of retailers that inclues Target and Wal-Mart. The group also includes drugstores, vending companies and fast-food restaurants. It's not clear if the system would use NFC, and if so, whether carriers and/or Google would permit the system to run on their NFC phones. The secure chips on most NFC phones can support multiple payment systems, but only if the primary issuing company permits it.

more info at Wall Street Journal »

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Comments

This forum is closed.

This forum is closed.

marufio

Mar 3, 2012, 8:03 PM

The Mobile Payment Wars

Seems like everyone is coming up with their own payment system these days.
GettingSleepy

Mar 2, 2012, 11:34 AM

I'd prefer this

My cellphone carrier should be providing me with cellphone service, not making it easier to use my credit card.
Umm,. . . it's called convenience!!!
GettingSleepy said:
My cellphone carrier should be providing me with cellphone service, not making it easier to use my credit card.


if that's the case, the Post Office should be sending your messages. we wont have s...
(continues)
 
 
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