The partnership means Verizon mobile uers will be able to use the "Serve" payment system on mobile phones and tablet computers. Sprint also is working with American Express to support Serve for its users.
Serve enables users to send and receive money from mobile devices, using accounts provided by Amex, and is different from other systems designed for use at retail locations only.
Verizon, American Express Partner on Mobile Payments (subscription required)
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