clearXchange Lets You Send Money Using Just a Phone Number or Email Address
Yesterday, I wrote about the speculation that Google and Sprint may announce a mobile payment partnership sometime this week.
Is Google Readying to Buy Sprint? Voicemail, Long Distance & Mobile Payment
In all likelihood, this will involve phones that have NFC (Near Field Communications) built into the hardware. Very few phones today include NFC. So, this mobile payment system would have a limited customer base to begin with.
However, Bank of America, JPMorgan Chase and Wells Fargo announced a new service that lets people transfer funds to one another by just using the phone number or email address of the person they want to transfer funds to.
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