Home » Uncategorized » Visa announces mobile payment trials in NYC this year
Vivotech NFC payment platform for mobile phones Photo: Vivotech.com
Vivotech NFC payment platform for mobile phones Photo: Vivotech.com

Visa announces mobile payment trials in NYC this year

Vivotech NFC payment platform for mobile phones Photo: Vivotech.com

We reported just 4 days ago that you will soon have a digital wallet in your pocket, and today, Visa and Bank of America have teamed up to create the “digital wallet.” The news came via Reuters when the companies said they will run a trial service in New York for the duration of 2010, aiming to get the technology in our digital wallet as soon as possible.

Other companies in talks are Verizon Wireless, AT&T, T-Mobile USA and Discover Financial Services, they intend to offer mobile payments as well, just how they will go about it is still up in the air.

Bank of America launched mobile banking just 3 years ago, and since then has seen 5 million customers conduct $15 billion in transactions, all from their phones.

Mobile payments are going to get hot in Japan and South Korea too, where KDDI and SoftBank Mobile have announced plans to release Near Field Communications technology through the countries.

Soon my friends, that ringing talking box you’re holding will also pay for your movie ticket, sandwich at the cafe, or coffee at Second Cup.

BofA and Visa to test cell phone payments [Reuters]

About Fabrizio Pilato

Check Also

wii-oculus-rift-hoverboard

Try Oculus Rift And Wii To Roam Around On The Back To The Future Hoverboard

Check out how you can fly in virtual space by using an Oculus Rift and a Wii Balance Board.

131129-amz

Amazon Appstore for Android Holiday Deals, Including Free Apps

There are tons of deals from the Amazon Appstore that will be offered starting now and throughout the holiday shopping season. They say that they will have "hundreds of titles that are eitehr free... or available between 50-90% off" the regular price.

131129-google

Black Friday: Google Play Store Apps, Games and Content on Sale All Weekend

Case in point, if you head over to the Google Play Store right now, you'll find that Google is celebrating all Cyber Weekend with discounts on all sorts of content. This includes many popular apps and games

131129-gtab

Black Friday Deal: Samsung Galaxy Tab 3 10.1-Inch for $100 Off

Did you manage to score any epic Black Friday deals this morning? Are you still ...

131128-diy

Arduino Co-Creator Releases Plans for $200 DIY Mobile Phone

Mellis was one of the people who came up with the now hugely popular Arduino platform and now he has come up with plans for people to build their own cell phone for about $200 in parts.

131128-apple

No Discounts for Apple Black Friday, Just Free Gift Cards

If you were hoping to save yourself some cash as you brave the Black Friday shopping crowds, you'll want to go somewhere other than the official Apple Stores.