Visa, NeuStar team on mobile payments and financial services

Services include bill payments, mobile transaction alerts and mobile money transfers

Visa and NeuStar have joined forces and formed an alliance that it hopes will help accelerate the adoption of mobile financial services globally, they said on Tuesday.

Those services may include mobile remote payments for services such as bill payment and top-up for wireless airtime minutes, mobile transaction alerts and mobile money transfers, according to a statement.

Credit-card giant Visa comes to the table with its global payment network. NeuStar, a Virginia-based provider of services to telecom carriers, will serve as a neutral intermediary between mobile operators and other involved companies, and simplify the transfer of data between them.

Visa also announced what it calls the first mobile payment service in Latin America. Pago Móvil con Visa allows Peruvian holders of cards issued by Banco de Crédito, Interbank, BBVA Continental or Scotiabank to pay for products and services over the wireless network.

Both announcements were made at the Mobile Money Summit, which takes place in Barcelona this week and is organized by the GSM Association.

Currently, Visa and MasterCard are pushing a variety of mobile payments and financial services. Tests are now being turned into commercial services.

Last week MasterCard's MoneySend service went live in the U.S. It allows users to send and receive funds using text messages, the mobile browser, mobile apps, or over the Internet from a PC, a spokeswoman at MasterCard said via e-mail.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags mobile financeneustarvisa

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Mikael Ricknäs

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Matthew Stivala

HP OfficeJet 250 Mobile Printer

The HP OfficeJet 250 Mobile Printer is a great device that fits perfectly into my fast paced and mobile lifestyle. My first impression of the printer itself was how incredibly compact and sleek the device was.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?