Stand up for nonprofit news & help us reach our $100,000 goal! GIVE NOW
Feb 29, 2012

Marketplace Tech Report for Wednesday, February 29, 2012

HTML EMBED:
COPY

Big banks like Barclay’s, JPMorgan Chase, and Capital One have announced that this summer, they will launch a trial program for mobile payment. The plan will join the ranks of other mobile banking platforms, including Google Wallet and Isis, a…

Segments From this episode

Why the banks want you to pay with your phone

Feb 29, 2012
Barclay’s, JPMorgan Chase, and Capital One announced that they’ll launch a trial program for a mobile payment system this summer, joining the ranks of Google Wallet and other mobile payment programs.

Big banks like Barclay’s, JPMorgan Chase, and Capital One have announced that this summer, they will launch a trial program for mobile payment. The plan will join the ranks of other mobile banking platforms, including Google Wallet and Isis, a payment system developed by mobile giants Verizon, AT&T and T-Mobile. Apple also has a new even scheduled for early March, but it isn’t clear yet what exactly will be announced – although our bets are on the iPad 3.

Listening makes you smarter…
donating makes it all possible.

Our mission is to raise the economic intelligence of the country, exploring the intersection of the economy, tech, and our daily lives. As a nonprofit news organization, we count on your support – now more than ever before.

Secure the future of public service journalism today when you become a Marketplace Investor.