Advertisement
News
Advertisement

Report: AT & T, Verizon, T-Mobile tackle contactless payments

Mon, 08/02/2010 - 8:00am
Andrew Berg, Wireless Week

Rivals AT&T, Verizon Wireless and T-Mobile USA may be looking to capitalize on the mobile payments space with a joint venture that would enable customers to pay for goods and services with their smartphones, according to a report from Bloomberg citing "three people close to the matter."

According to the report, the three major U.S. carriers will partner with Discover Financial Services and Barclays to test the system at stores in Atlanta and three other U.S. cities.

The new system would require new hardware at the point of sale (POS), as well as chips embedded in smartphones to complete the transactions.

AT&T and Verizon Wireless declined to comment on the report. T-Mobile USA was unavailable for comment before press time.

More Broadband Direct 8/02/10:

•  Comcast, CBS agree to 10-year carriage agreement
•  Xfinity, D3 touch down in Indiana
•  Schooled: Suddenlink's techs receive SCTE certification
•  Clearwire launches 4G in 5 new markets
•  RCN Metro beefs up NYC colocation facility
•  Harmonic posts healthy Q2 results, moves into new HQ
•  Shentel closes JetBroadband deal
•  Report: AT&T, Verizon, T-Mobile tackle contactless payments
Advertisement

Share This Story

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading