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Verizon, AmEx, And The Race To Control The (Possible) Billion-Dollar Mobile Payments Industry

Verizon and AmEx have plans to let customers order items simply by typing in their phone number. It's all about integrating AmEx's Serve platform into the phones and tablets Verizon sells--an expansion of some fledgling "pay by phone" systems, and very different than the systems other teams are planning for the future of mobile payments.

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