Visa has officially launched its Visa Mobile Application for Google Android-powered T-Mobile G1 handsets. JPMorgan Chase will service as Visa’s initial launch partner. As a result, Chase cardholders will have access to three services, namely Alerts, Offers, and Locator.

Chinese mobile payment company Union Mobile Pay (UMPay) has awarded a contract to Motorola to deploy the telecommunications company’s mobile commerce platform. The service launched by UMPay, a company established by China Mobile Communications (CMCC) and bank card network association China UnionPay,  includes an M-Wallet and back-end management platform and it is aimed at financial services providers and merchants.

European social media network Sevenload has selected German online payment services provider ClickandBuy to provide its customers with access to the ClickandBuy option when paying for online services.

Mobile payments via SMS, mobile internet and downloadable mobile applications could replace cash transactions in taxis, parking, movies, and online shopping in the near future, according to a new study that examines the potential for mobile payments in the above-mentioned markets.

A study shows that two out of the average of nine online accounts owned by Canadian adults (adding up to a total of41 million accounts) have become inactive as a result of the lack of their use throughout 2007.

A study focusing on the payment behaviour in European online retail reveals that for the first time, transactions made by women exceed those made by men in number (53.40 percent versus 46.60 percent).