Techno-News Blog

July 18, 2012

A Banking Giant Makes a Mobile Payment Bet

Filed under: Uncategorized — admin @ 12:15 am

by Jessica Leber, Technology Review

Paying for something from a mobile phone still isn’t an option in most U.S. brick-and-mortar stores. But that reality is obscured in San Francisco. The Bay Area has been an early testing ground for a future full of smartphone-based transactions, with all sorts of companies, from Starbucks and PayPal to Google and startups like LevelUp getting involved [see “Battle of the Electronic Wallets”]. Into this crowded field comes GoPago, a startup that began widely marketing its own payment app in San Francisco this April after expanding from a smaller pilot program in the region.

http://www.technologyreview.com/news/428453/a-banking-giant-makes-a-mobile-payment-bet/

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