Global payments franchise Visa is acquiring Fundamo to accelerate delivery of mobile financial services to consumers worldwide.

Visa has announced its new digital wallet that features click-to-buy functionality, which will expand the company’s mobile commerce offerings and have consumers paying via their mobile device rather than using their credit card.

SAN FRANCISCO – During his keynote session at ad:tech, a Visa executive said that his company is bullish when it comes to contactless mobile payments.

As part of their sponsorships of the London 2012 Olympics, Samsung Electronics and Visa will let consumers make mobile payments using the Samsung Olympic and Paralympic Games mobile handset.

With Google, MasterCard and Citi reportedly teaming up to go head-to-head with the U.S. carriers’ Isis joint venture with Discover Card and Barclaycard, a war in the near field communication space is on the horizon.

ORLANDO, FL – A CTIA panel that included executives from JPMorgan Chase and Visa outlined various evolving mobile payments mechanisms that are having an impact, from SMS and apps to carrier billing and NFC.

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.

Visa Inc. has partnered with Fiserv and CashEdge to accelerate the use and delivery of person-to-person payments via mobile in the United States.

Visa, the NFL and players from the Dallas Cowboys and Chicago Bears kicked off Super Bowl XLV week at an event to promote the Financial Football mobile game.

Mobile payments will approach $1 trillion by 2015 in the United States if retailers receive lower payment-processing fees based on a more efficient system, according to The Luciano Group.