Posts by: Dawn Kawamaoto

Visa's charge card concept goes wireless

Dawn Kawamaoto | Sep 26, 2008

Visa is adding a wireless twist to the old phrase "Charge It."

The credit card processing giant announced Thursday several initiatives to allow its credit card toting customers the ability to transfer money, make payments, and receive real-time account notification alerts on their Nokia and Android cellular phones. Visa also struck a mobile deal with US Bank.

Under a pilot program with US Bank, which is scheduled to begin by the end of the year, Visa will offer mobile money transfers from one Visa cardholder's account to another. A U.S. Bank Visa cardholder would use a Web browser on their phone to access funds and transfer it directly to the recipient's account. The recipient could then withdraw the funds from an ATM machine, or use the money to make purchases.

Visa is also working with cell phone giant Nokia and new entrant Google's Android to offer mobility to its service.
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Filed under: Handhelds, Mobile Phones
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