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The new service means wireless carriers can sell customers a way to seamlessly make transactions at any credit card terminal with their phones, and no hardware has to be changed.
Competing for market share with rival Zong and a few others, the start-up says new partnerships give it access to 200 million new user accounts. (But do they all pay?)
Reuters has reported that Google is leaning on app developers to use its payment-processing service rather than rival offerings, although the company says that its policy has not changed.
Reuters reports that Google is leaning on developers to use its payment processing service rather than rival offerings, though the company says that its policy has not changed.
American Express continues its push into the emerging space of mobile purchasing, making a $19 million investment in mobile-payments provider Payfone.
The financial services company launches Serve.com, a PayPal-like platform that's designed to bring digital and mobile payments to new markets.
Originally developed for the Xbox, Microsoft now has a Windows version of Kodu--a tool for letting preteens create their own code.
As part of its "Zong Plus" offering, the mobile payments company will let members use regular credit cards, and offers a loyalty program with which to do so.
Still in a close rivalry with competitor Boku, Zong has partnered with two subscription services so that members can bill their payments to their cell phone bills.
Two rival companies, Boku and Zong, want to replace your credit card number with your cell phone number. Here's how it might pan out.