Verizon Wireless and American Express will integrate the Serve online payment system over mobile phones and tablets in coming months, the two companies announced Monday.
The Serve system allows customers to load up funds on a Serve account using an existing credit or debit card or checking account, and then make purchases from a mobile device. The payment is authenticated with the user's mobile number, according to the companies.
Customers will also receive a Serve card by signing up for service; the card can be used for in-person purchases in stores. The Serve system does not rely on NFC chips in phones for physical purchases.
American Express and Verizon are working with Payfone to support purchases. Also, Verizon is still actively involved with Isis, a joint venture with AT&T and T-Mobile to test and deploy NFC phones for payments, a Verizon spokesman said.
Verizon, will do a joint venture with AT&T and T-Mobile called ISIS, which is designed to let people pay for goods at a store by waving their phone at the checkout counter so cool . The wireless carrier, which is jointly owned by Verizon Communications Inc. (VZ) and Vodafone Group PLC (VOD), said the move doesn't indicate a break with ISIS.
The Serve system allows customers to load up funds on a Serve account using an existing credit or debit card or checking account, and then make purchases from a mobile device. The payment is authenticated with the user's mobile number, according to the companies.
Customers will also receive a Serve card by signing up for service; the card can be used for in-person purchases in stores. The Serve system does not rely on NFC chips in phones for physical purchases.
American Express and Verizon are working with Payfone to support purchases. Also, Verizon is still actively involved with Isis, a joint venture with AT&T and T-Mobile to test and deploy NFC phones for payments, a Verizon spokesman said.
Verizon, will do a joint venture with AT&T and T-Mobile called ISIS, which is designed to let people pay for goods at a store by waving their phone at the checkout counter so cool . The wireless carrier, which is jointly owned by Verizon Communications Inc. (VZ) and Vodafone Group PLC (VOD), said the move doesn't indicate a break with ISIS.
