TransactionWorld.com

Last week it was announced that AT&T and Verizon Wireless the biggest U.S. mobile carriers, are teaming up with Discover Card in an effort to offer mobile, contactless payment processing in the U.S. With the new technology in place, customers would …

This week Bloomberg reported that Verizon and AT&T are planning to launch a program jointly with Discover Financial Services which will enable U.S. consumers to pay for transactions by “swiping” their mobile phones rather than scanning the classic credit card.

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