Virtually all mobile phone carriers along with banks and credit card companies agree that mobile payments are a fine idea, but myriad attempts to make mobile payments a reality in the U.S. haven't produced much traction so far. That may change soon with word that mobile phone powerhouses AT&T, T-Mobile and Verizon Wireless are hoping to launch a mobile payments platform.
AT & T, Verizon, T-Mobile Developing Mobile Payment Platform
Discover Financial Services and Barclays are also contributing to the effort to launch a mobile payment system that could eventually compete with Mastercard and Visa.
Aug 3, 2010
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