U.S. Bank introducing new mobile payment service called “U.S. Bank Go Mobile”

Posted by : Unknown Friday, January 11, 2013

U.S. Bank, one of America’s largest, has announced that it will begin to trial a new mobile payments service called “U.S. Bank Go Mobile,” which allows iPhone 4 and iPhone 4S users to pay for purchases at point-of-sale by waving their smartphone. The initial tests will take place in Salt Lake City, Utah, and Portland, Oregon.

For helping this service Apple integrates a NFC chip into their mobile devices. U.S. Bank is now introducing the Go Mobile service in beta with its new FlexPerks Travel Rewards Visa Signature credit cards. Account holders who opt-in receive both the card and a customized NFC-equipped iPhone case, developed and patented by DeviceFidelity, and personalized by Datacard. The case includes the secure element that enables the phone for mobile payments, and it will also help to extend the battery life of the phone by more than 50 percent. The case is not yet available for the newer iPhone 5.

“U.S. Bank Go Mobile”

The service works in conjunction with a Go Mobile app for iPhones, and can be used anywhere Visa’s payWave is accepted. Currently, Visa’s website indicates the technology has been adopted by over 32,000 retailers worldwide, but U.S. Bank’s test is limited to a small number of merchants in Portland and Salt Lake City.

What you think is it helpful for u? Command here.