Visa Rings Up Fundamo for $110 Million
Visa today announced that it has purchased a mobile finance company called Fundamo. Fundamo, which is based in South Africa, provides mobile financial services to unbanked and under-banked consumers. Some of its options include person-to-person payments, airtime top-ups, bill payments, and branchless banking services. Visa will use Fundamo's systems to help it deliver banking services where it traditionally doesn't have any reach. The purchase makes clear Visa's commitment to mobilize its banking services. Visa recently announced a mobile payment partnership in the U.S. with Sprint and Google.
Samsung Reveals Price Points for Gear Sport Watch and Icon X Headphones
Samsung today said its Gear Sport smartwatch and Icon X 2018 headphones will be available for pre-order starting October 13, with general retail availability to follow October 27. The Gear Sport, a fitness-focused smartwatch that runs Samsung's Tizen platform, costs $299.99.
Android Pay Rings Up Chase In the US
Google today said Chase has agreed to support Android Pay on Android smartphones and other devices. Starting immediately, Chase customers can add their eligible Chase Visa debit/credit card to Android Pay and make tap-and-go payments wherever Android Pay is accepted.
Google Launching Android Pay Today
Google said it is making Android Pay, its reborn mobile payment service, available to Android handsets beginning today. The app will be pushed to small batches of users over the next week, according to Google.
LG V30 Hits Verizon Stores Today for $840
Verizon Wireless today shared details concerning its variant of the LG V30. The phone is available from today for $35 per month for 24 months on a Verizon device payment plan.
Zelle Promises Quick P2P Payments Via Mobile Banking Apps
Many of today's popular mobile banking apps will soon support a rapid person-to-person (P2P) payment feature through a new service called Zelle. Zelle, developed by Early Warning Systems, is supported by more than 30 of the nation's largest banks for sending funds from one person to another.