| M-commerce — using cell phones to order and pay for goods or services — has yet to take off. Four major credit card companies want to change that.
American Express, Mastercard, Visa and JCB Co. Ltd. have launched a cross-industry group to develop secure, user-friendly standards for mobile payments.
The Mobile Payment Forum said it will focus on card transactions, the method used in almost 93 percent of all e-commerce payments. |
