WIRELESS AND MOBILE NEWS

Visa Mobile advanced mobile payment-related services, are now operational on mobile devices powered by Android, including the T-Mobile G1 phone.
 
Chase  Visa credit and debit cardholders will have exclusive access to the Visa Mobile application for a limited time. The application will allow select Chase Visa cardholders to receive notifications about transaction activity on their accounts; obtain offers from a wide array of merchants; and use the integrated Google mapping technology to quickly find nearby participating merchants or ATMs that accept Visa.

• Alerts: Near real-time notification of Visa account activity based on cardholder preferences, such as the size of the transaction, or whether the transaction is in foreign currency. Because these alerts are triggered by the transaction as it passes through the Visa network, consumers will receive notifications almost immediately after completing their purchase. This service is intended to increase cardholders' peace of mind by enabling them to better track Visa spending. It also provides Visa with a new way to combat payment card fraud.
• Offers: Consumers will be able to receive offers from any of the participating merchants directly to their phone. These offers - ranging from discounts, loyalty points and statement credits - could be based on a consumer's previous purchase activity. For consumers and merchants alike, this service will ensure the most relevant offers are sent in a timely manner, helping increase merchant traffic, loyalty and customer satisfaction. Merchants benefit from better targeting and more efficient marketing spend and cardholders get more of the offers they want.
• Locator:A service that is integrated with Google Maps and Google location-based services to show consumers the nearby locations of merchants sending them offers, or of an ATM that accepts Visa. The location would be highlighted on a map on the mobile device's screen and the user would also be able to get driving directions to the location.