Visa to Develop Applications for Android, Nokia Phones

From PC World: Visa wants to become a part of your mobile phone, working with Nokia on realizing mobile payments and also announcing services for Google's Android platform.

The idea of using the mobile phone as a payment device has been around for along time, but has not yet encountered widespread success. With more than 3 billion mobile devices already in the market today, though, Visa sees a big opportunity to extend its reach, according to Elizabeth Buse, global head of product at Visa.

For future owners of the T-Mobile G1 and other upcoming Android phones, Visa will at first include three services, Alerts, Offers and Locator, which will be available for download before the end of the year.

With Alerts consumers will receive what Visa calls "near real-time" notification of purchase activity, based on rules defined by the cardholder.

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