
It's no secret that credit card companies are shelling out big bucks and aggressively forming partnerships and deals to start cashing in on the mobile and digital payments innovations currently taking place. American Express, which recently debuted its own
digital payments product Serve, has been
particularly aggressive on the partnerships front, striking recent deals with both
Foursquare and
Facebook. Mastercard has bet on NFC with
a partnership with Google for Google Wallet and bought
online payments gateway DataCash for $520 million last fall. And Visa has made a number of major moves in the mobile and digital payments space of late; including making an
investment (and taking on an advisory role) in disruptive startup Square, buying
virtual goods payments platform PlaySpan for $190 million, and acquiring
mobile payments company Fundamo for $110 million. We sat down with Visa's Global Head of Mobile Product Bill Gadja and the company's Head of Global Product Strategy, Innovation and eCommerce Jennifer Schulz to discuss how the financial company is planning to compete in both mobile and digital payments.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/Ch69TdmLQNQ/
sherrod harris garrett gilbert
No comments:
Post a Comment