Phone Scoop

printed July 26, 2014
See this page online at:
http://www.phonescoop.com/articles/article.php?a=7840

Home  ›  News  ›

AmEx Next to Offer Mobile Peer-to-Peer Payments

Article Comments  2  

Mar 28, 2011, 7:38 AM   by Eric M. Zeman

American Express today announced a new digital payment system meant to make it easier for people to send one another money. The new system, called Serve, is initially being targeted at those who rely on cash, checking accounts, and debit cards to make most purchases. Serve can be accessed from a new application for iPhones and Android devices, as well as Facebook. Once users set up a Serve account, it can be funded from bank accounts, debit cards, credit and charge cards, or other Serve accounts. It can then be used to send/receive money to/from people, make online purchases, and also pay bills. American Express will send a Serve prepaid (but reloadable) Serve card linked to the user's account, which can be used anywhere American Express cards are accepted. Serve also lets users create and manage sub-accounts for more controlled spending. Serve is available in the U.S. to start, but will expand to other markets and gain more features over time.

more info at AmEx / Serve »
more info »

AD

Comments

Forum Options

This forum is closed.


Subject Author Date
I'm not seeing it's target market.. jt82 Mar 28, 2011, 9:24 PM
Paypal zrock02 Mar 28, 2011, 8:34 AM
 
 
Page  1  of 1

This forum is closed.

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Phone Scoop on Google+ Subscribe to Phone Scoop on YouTube Follow on Instagram

 

All content Copyright 2001-2014 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.
2