Visa Europe has announced two new mobile-related money management and payment services today: Visa Mobile Person-to-Person payments and Visa Alerts.
Both will be available to the organisation’s 4,000 member banks.
The Google Wallet mobile payment application, which was announced by the company in May, is now being rolled out to customers in the USA.
It’s currently only available on the Google Nexus S 4G phone to customers who have a Citi MasterCard credit card or the Google Prepaid debit card and are using the Sprint network, although Visa, Discover and American Express are also expected to participate in the future.
Visa Inc announced yesterday that it's acquiring Fundamo, a South African company that provides mobile financial services platforms for network operators and financial institutions.
In addition, Visa announced a new, five-year commercial agreement with UK-based mobile money service Monitise plc.
O2 has announced the financial services companies it'll be working with when it launches a 'mobile wallet' service later this year. It first confirmed its plans in February.
The mobile wallet will be launched under the O2 Money brand and will include m-commerce, airtime top ups, contactless NFC payments and peer-to-peer money transfers.
Lloyds TSB has been announced as the bank that'll be behind mobile payments on the forthcoming Samsung Olympic and Paralympic Games mobile phone.
It means that the NFC-equipped handsets given to Visa-sponsored athletes will be linked to Lloyds TSB accounts.