Saturday, February 26, 2011

BANK OF AMERICA TRIALING MOBILE WALLET PAYMENT PROGRAM


According to a BGRsource, Bank of America has started inviting select customers to trial its new Mobile Wallet payment service program based on NFC technology. This technology allows users to pay for purchases by waving their mobile phone in front of a receiver.

The program only works with BlackBerry smartphones at this point, and in order to make your existing phone NFC-capable, Bank of America is sending testers a new battery cover in addition to a microSD card. The BlackBerry Curve 8520 and 8530; BlackBerry Bold 9000, 9650 and 9700; and BlackBerry Tour 9630 are all supported devices. Payments can be made at any location where Mastercard’s PayPass is accepted, and the program will become active very shortly “this Spring.”

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