Visa

Samsung VISA and NFC confirm partnership for Olympics 2011 phone

Samsung VISA and NFC confirm partnership for Olympics 2011 phone

All the way back in April if 2011 we first heard of the possibility of a Samsung / VISA device running with an NFC chip to assure it of widespread use. Now it's October, just 295 days to go until the actual Olympics 2012 events in London, and VISA has confirmed that the device is, indeed, on track to be released in advance (how early yet we still do not know) of the games come next year. This device is set to be widely adopted (in other words, inexpensive) and will be promoted as an Olympics games "must have" device.

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Google Wallet worries: NFC stickers MIA

Google Wallet worries: NFC stickers MIA

Google Wallet may have launched yesterday, but with only one handset, the Nexus S 4G, supported at launch and no mention of the NFC sticker system revealed last May, it's unclear how fast the payments system will spread. Both Google's Wallet site and the official announcement are conspicuously vague on the stickers - which were, it was originally suggested, intended as a workaround for those without the WiMAX Android phone - and there's extra emphasis on the Secure Element system the search giant uses to lock up customers' credit card details.

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Google Wallet confirmed to launch on Nexus S 4G

Google Wallet confirmed to launch on Nexus S 4G

Reports earlier this morning tipped that Google's NFC-based mobile payment service called "Wallet" would be launching first on the nation's third largest carrier sometime today. And indeed, Google has confirmed now that the Wallet app will begin rolling out to Nexus S 4G handsets via an over-the-air update.

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ISIS Mobile Payment Network Adds MasterCard, Visa, And American Express

ISIS Mobile Payment Network Adds MasterCard, Visa, And American Express

The mobile payments arena was starting to look very fragmented with several different players each attempting to offer their own NFC-based system. Google announced their Google Wallet service in partnership with MasterCard, Visa hinted at its own service, while Discover teamed up with the ISIS network. But surprisingly, in an announcement today, it was revealed that MasterCard, Visa, and American Express have now all joined ISIS.

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Visa Announces Mobile Payments Plan, Most Comprehensive Say Analysts

Visa Announces Mobile Payments Plan, Most Comprehensive Say Analysts

Last week, Visa revealed that they were set to make a big announcement soon regarding their mobile payments strategy, and indeed they have today. They intend to launch their cross-channel digital wallet system in the U.S. and Canada by this fall. Their strategy is ambitious, but also deemed most comprehensive of all the mobile payments contenders, including Google, ISIS, and Sprint.

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Google Actively Recruiting Marketing Head for Mobile Wallet Efforts

Google Actively Recruiting Marketing Head for Mobile Wallet Efforts

Using your smartphone as your wallet, and being able to ditch the plastic cards may be getting closer. Google has been showing for some time that it is actively pursuing expanding NFC in many areas, and it looks like they have taken another step in that direction. They are actively recruiting an EMEA head of commerce marketing, and planning on expanding that division. Eric Schmidt said earlier this year that one of Google's strategic initiatives is to support adoption of mobile payments for Android, and they are making progress with the Nexus S 4G out yesterday supporting NFC.

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Visa Mobile Payments Announcement Coming Next Week

Visa Mobile Payments Announcement Coming Next Week

Visa CEO Joseph Saunders has just let loose that the company will be unveiling its mobile payments strategy as soon as next week. The mobile payments space is still a hazy area that many large companies are just beginning to explore. But generally the goal seems to be to replace consumer wallets with mobile devices for making purchases and then get control of that payment network to monetize it via transaction fees or advertising partnerships.

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ISIS NFC Mobile Payment System Scales Back, Not Butting Heads With Visa, MasterCard

ISIS NFC Mobile Payment System Scales Back, Not Butting Heads With Visa, MasterCard

Mobile payments are certainly the new frontier that many large companies are racing towards. The adoption of NFC (Near Field Communications) technology and a NFC-based payment network could usurp the traditional wallet. ISIS, a joint-venture NFC network between AT&T, T-Mobile, and Verizon initially had plans that would butt heads directly with Visa and MasterCard, but have today announced scaling back those ambitions.

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Square launching new iPhone card reader this summer with encryption at read head

Square launching new iPhone card reader this summer with encryption at read head

Of all the iPhone credit card readers that are available for mobile card payments today, the one that is most visible is the Square card reader. This is the one you can get now in the Apple Store and then start taking credit card payments right from your smartphone. Square made a big announcement this week with credit card heavyweight Visa making a strategic investment in the company. Mobile payments on a device as popular as the iPhone is huge for Visa and will give the credit card company one more source of revenue.

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Samsung and Visa to offer Olympic-themed NFC payment phone in 2012

Samsung and Visa to offer Olympic-themed NFC payment phone in 2012

The buzz around NFC and mobile payments continues to rage, with the latest being a partnership between Samsung and Visa to offer wireless shopping in London in time for the 2012 Olympics. The scheme will use a special "Samsung Olympic and Paralympic Games mobile handset" which - if it's the device in the press shot - looks to be another variant on the Galaxy S, along with a "Visa-enabled SIM card."

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Visa set to offer person-to-person payments in the US

Visa set to offer person-to-person payments in the US

I bet that most of the people out there are like me where you rarely have cash and tend to use your debit card or credit card to pay for everything. The catch with that is if you need to pay an individual for something you need cash to do it a lot of the time. Visa has announced that a new system is coming to the US that will allow individuals to directly pay another Visa account holder at the point of sale. It sounds a lot like PayPal to me.

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Visa In2Pay iPhone contactless payment system unveiled

Visa In2Pay iPhone contactless payment system unveiled

Visa and DeviceFidelity have announced [pdf link] their contactless iPhone payment system, In2Pay, consisting of a special case for the Apple smartphone and a microSD card that contains a Near Field Communications (NFC) chip.  The case itself has a microSD slot that's interfaced with the iPhone's dock connector; when paired with the In2Pay Visa app from the App Store, you can tap your iPhone to make payments in participating retailers.

Video demo after the cut

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