mobile payment system

Mobile payment systems are finally gaining traction among major vendors. While NFC, the popular tap-to-pay system is still in its initial stages, it seems that Isis has overtaken it. Isis has been able to clinch the hears of major U.S. carriers and is finally expected to arrive in September.

Although Apple hasn't specifically concentrated much on a mobile payment service or at least hasn't expressed it's intents to launch one of it's own, it is nonetheless bagging all the relevant patents. According to reports, Apple has now secured a patent for 'E-wallet' from US Patent and Trademark office. The office has now published the patent…

Search giant Google, is in the early stages of developing their own mobile payment system based on near field communication (NFC),according to a report by Business Week’s Olga Kharif.NFC is a short range wireless technology that allows you transmit data.The service could launch in 2011.