AmEx to Let Consumers Make Purchases on Verizon Wireless
This article is for subscribers only.
American Express Co. said it will let consumers make purchases on Verizon Wireless devices as the lender competes for mobile payments with rivals including Visa Inc., MasterCard Inc. and EBay Inc.’s PayPal.
AmEx, the biggest credit-card issuer by purchases, will integrate its Serve mobile-payments system into many of Verizon’s phones and tablets, the New York-based bank said today in a statement.