Amex announces ‘Serve’ digital payment platform

Source:  Engadget.com

Amex made a pretty big play in the digital payment space today by introducing “‘Serve.”  The service, similar to PayPal allows users to transfer funds to an account from your bank or credit card as well as send money to a re-loadable card that’s accepted at any store that accepts American Express.  While it doesn’t yet include an NFC  component (mobile pay), the company did say they are planning to “quickly evolve.” Mobile applications are currently available for Android and iOS platforms.

via Engadget

http://www.engadget.com/2011/03/28/american-express-challenges-paypal-with-serve-digital-payment/

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