Verizon Wireless to install AmEx app on phones
NEW YORK — Verizon Wireless, the country’s largest cellphone company, will install apps for credit card issuer American Express Co.’s new online payment service, Serve, on its phones and tablets.
Serve, which was launched earlier this year, is similar to eBay Inc.’s PayPal service in that it’s based on pre-funded accounts, and it enables online transactions without entering a credit-card number.
Terms of the agreement between Verizon Wireless and American Express were not disclosed Monday
Verizon Wireless, which is controlled by Verizon Communications Inc. of New York, is also working on getting phones that can be “swiped” past payment terminals to pay in stores, in collaboration with other phone companies.
Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked.
If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.