American Express, Verizon Wireless Join Forces on Mobile Payments
Verizon Wireless and American Express announced today that are joining forces to offer mobile payments using one’s cell phone number and a pin number as authentication, rather than a credit card number. According to AllThingsD.com, 100 million Verizon subscribers will be able to use the new service to shop on any Internet-connected device, including a PC, phone or tablet. Subscribers will have to sign up for a Serve account through American Express, which can be funded…
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