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Visa to detail mobile payment plans next week

updated 06:05 pm EDT, Fri May 6, 2011

Alludes to announcement in 2nd Qtr earnings call

Visa's executive chairman and CEO has revealed that the company will be describing more about its mobile payments strategy in the coming weeks. In yesterday's second-quarter earnings call, the Visa executive indicated that the financial services company could be issuing an announcement as soon as next week.

Visa has been moving to create a stronger presence in the mobile market. Last month it inked a deal with the Gap through which Visa's service platform would text notices of discounts to customers whenever they were near a Gap store. More recently, Visa invested in Square an online payment service for smartphones. [via AllThingsD]




by MacNN Staff

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  1. facebook_Dean

    Via Facebook

    Joined: Jul 2011

    0

    Mobile Gift Vouchers lead the way to mobile paymen

    Why not check out Gift SMS mobile gift vouchers. Retail stores in Australia are using Gift SMS mobile gift vouchers as part of their transition into mobile payments and marketing.

  1. facebook_Dean

    Via Facebook

    Joined: Jul 2011

    +1

    Mobile Gift Vouchers lead the way to mobile paymen

    Why not check out Gift SMS mobile gift vouchers. Retail stores in Australia are using Gift SMS mobile gift vouchers as part of their transition into mobile payments and marketing. http://www.giftsms.com.au

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