Motorola launched its money transfer application, M- Wallet, this...
Motorola launched its money transfer application, M- Wallet, this week, “eliminating the need to carry a credit or debit card in your wallet,” it said. The application, intended for secure information transfer in retailing, has 2 pieces: (1) An…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
application consumers and merchants download from the Internet. (2) The Wallet Service Center, which allows the operator to manage administration, registration, issuance of credit and debit cards, coupons, archiving, customer profiles and maintenance. A Motorola spokesman told us that in 6-9 months the manufacturer plans to install a near-field communications chip that will allow users to scan phones at stores and elsewhere in place of credit cards.