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MasterCard and Visa press on with mobile payment technology

  • MasterCard (MA +0.3%) and Visa (V +0.2%) are both out with new mobile payment technologies which will allow retailers to integrate payment solutions into their apps in a more secure fashion.
  • The development is likely to take a while to roll out as security features are vetted, but could lead to stronger growth for near-field communications as a form of payment in retail settings.
Comments (5)
  • BAHAMAS1
    , contributor
    Comments (1646) | Send Message
     
    When these 2 giants , V and MA, start with these new payment technologies they will further own more of the retail world.
    19 Feb, 11:44 AM Reply Like
  • Topcat
    , contributor
    Comments (406) | Send Message
     
    Exactly why we should support other services, e.g. like Square, which now lets you send ($250 max per week default) cash between people for free, and charges merchants less then V or MA, about 2.5% I think. Or Palpal, or Amazon's coming service. ANYBODY but V or MA.
    19 Feb, 01:14 PM Reply Like
  • Snoopy1
    , contributor
    Comments (1038) | Send Message
     
    V and MA adding a few more gators to their already powerful moats. :-)
    19 Feb, 12:14 PM Reply Like
  • kevinconway
    , contributor
    Comments (1498) | Send Message
     
    NXPI a winner in this game.
    19 Feb, 01:02 PM Reply Like
  • THE QUILL
    , contributor
    Comments (89) | Send Message
     
    MA V are top dog and will stay there. THEQUILL
    19 Feb, 04:46 PM Reply Like
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