Saturday, September 29, 2012

Bank of America Launches Mobile Payments Trial in North Carolina

News2 new results for NFC Mobile Payment
Bank of America Launches Mobile Payments Trial in North Carolina
DailyTech
Prior to the mobile payments trial, Bank of America was also involved in a near-field communications (NFC) trial. While the bank is still in the midst of testing this technology, it's looking to other avenues since not all phones have an NFC chip embedded.
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DailyTech
BofA Testing Mobile Payment System - Analyst Blog
NASDAQ
This is not the first time that BofA is testing a new mobile payment system. Earlier, the company was running a pilot project for Near Field Communications (NFC) technology that uses a short-range wireless technology to transfer money to the merchants.
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