Inside these posts: Mobile payments

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Sprint to get jump on mobile payment crowd

Bloomberg News | Sprint Nextel Corp. has plans to start a service allowing customers to make payments with their mobile phones this year, beating rivals AT&T, Verizon and  T-Mobile to the punch.

American Express gets into mobile payments

American Express is diving into the e-wallet space with Serve, a service that lets customers transfer money to others online and make payments with their mobile phones.

In its announcement Monday, AmEx said Serve is aimed at customers who use cash, checks and debit cards, rather than the company’s traditional credit card users. Get the full story »

Google working on mobile payment technology

Google is joining Citigroup and Mastercard to set up a mobile payment system that will turn Android phones into a kind of electronic wallet, the Wall Street Journal said, citing people familiar with the matter.

Starbucks letting customers pay with cell phones

Starbucks Corp. will allow customers at U.S. company-operated stores to use some smartphones to pay for their purchases in an effort to drive sales.

Customers with Research in Motion Ltd.’s BlackBerry or Apple Inc.’s iPhone or iPod touch will be able to pay using a Starbuck card mobile app at nearly 6,800 company-operated stores and 1,000 Starbucks in U.S. Target Corp. locations. Get the full story »

Mobile firms seeing ads coming to handsets

The long awaited uptake of the potentially lucrative mobile advertising market by advertisers and consumers has actually started to happen, companies from Canada, Egypt and Poland said on Friday. Get the full story »

Discover, carriers partner on mobile payments

Riverwoods-based Discover Financial Services is working with a new joint venture, created by three national wireless carriers, to develop a national network for payments via mobile phones.

AT&T Mobility, T-Mobile USA and Verizon Wireless announced the joint venture, called Isis, on Tuesday. The group named Michael Abbott, a former executive at GE Capital, as its CEO. Get the full story »

Discover, Telcos plan mobile payment venture

Mobile phone companies Verizon Wireless, AT&T Inc and T-Mobile USA are poised to announce plans for a venture offering mobile payments services, people familiar with the matter told Reuters on Monday.

Discover Financial Services and Barclays will also announce they are participating in the joint venture, which will allow consumers to pay for purchases with their cellphones, the people said. Get the full story »

FCC fines Verizon Wireless $25M for spurious fees

Federal regulators say Verizon Wireless has agreed to pay a fine of $25 million and at least $52.8 million in refunds to customers who inadvertently racked up data charges on their phones over the last three years. Get the full story »

Salvation Army to accept text message donations

Want to make a donation to the Salvation Army? Just hit send on your cell phone.

As part of an effort to attract a younger generation of donors, the Salvation Army Chicago Metropolitan Division will soon accept donations via text messages.

After seeing the success of text messaging campaigns for relief efforts after earthquakes devastated Haiti in January — a record $43 million has been collected, according to the Mobile Giving Foundation — nonprofits have been lining up with their own campaigns.

Get the full story »

Smartphone payment safeguards sought

Paying for a shopping spree by waving a smart phone may be more exciting than swiping a credit card, but according to Consumers Union, it might not be as safe.

The nonprofit testing and information organization, which publishes Consumer Reports, called on regulators Tuesday to implement protective standards on mobile payments.