Isis has introduced its very first pilot mobile commerce program in Salt Lake City, where consumers will be able to leave their wallet at home and simply use their mobile device to make point-of-sale purchases.

The battle between Research In Motion and wireless carriers over mobile-payment data is a precursor to a larger war over who owns consumers making transactions using mobile devices.

In 2011 there will be more than 50 million Near Field Communication-enabled mobile devices available commercially worldwide, according to Inside Contactless.

MPayy has enabled pre-paid debit card usage on its network, letting consumers load funds to, and payments from, their pre-paid debit cards.

Visa is letting commuters in New York and New Jersey use their handsets to pay for bus, subway, train and taxi fares.

While mobile payments are convenient, consumers could be at risk when mistakes are made by merchants and processors or as a result of fraud.

First Federal Savings Bank now offers mobile payments to its customers and local businesses to reduce costs, improve security and enable rewards programs.

Mobile provides banks with opportunities to improve the profitability of debit programs, yet many are missing out.

Citi Cards has rolled out several mobile services to save time and money for its on-the-go customers.

MobileNow launched the first near field communication technology to support contactless mobile payments for all types of metered parking.