In another sign that the industry has high expectations for mobile payments, four major carriers in the United States along with Google and a bunch of other players have struck a mobile payments alliance called Mobile Payments Committee.

The initial members include carriers AT&T, Verizon Wireless, Sprint and T-Mobile USA, but also Google, Isis, VeriFone and PayPal, in addition to financial institutions Wells Fargo and Capital One plus credit card giants American Express, Discover, MasterCard and Visa.

Apple is conspicuously absent from the list, as is mobile payment startup Square, which last week announced an interesting partnership with Starbucks. The iPhone maker, of course, is believed to be putting NFC circuitry inside the next iPhone and just recently acquired NFC and smart sensors maker AuthenTec for $356 million…

According to a media release, the organization’s members will collaborate to “develop and implement industry-wide solutions to the complex policy and business issues surrounding the emergence of mobile payments in the U.S and globally”.

The Mobile Payments Committee website says the its purpose is “to influence, monitor and help shape the merchant acquiring industry by providing leadership through education, advocacy and the exchange of information”.

It currently has more than 500 members worldwide.

Here’s a video of Google’s Wallet solution in action.

As Mobile Payments Committee comprises the industry’s biggest names in finance, wireless and mobile payments, it’ll no doubt gain ground.

However, it’s fairly safe to say the industry may need Apple to mainstream mobile payments due to popularity of its iPhone.

Besides, Apple has the most shoppers on the web, with over 400 million iTunes accounts with credit cards enabled for one-click purchasing.

Apple also filed for an interesting patent which envisions NFC laying the groundwork to enable connected home and has been researching iWallet shopping app concepts and is reportedly working on an iPay solution.

The big question is, will people switching from pulling plastic out of their pocket to just waving with their handset to make payments on the go?

  • JamesR624

    And another sign that Google and many other companies have no problem leaving behind iPhone users. I don’t mean this as a bad thing either. You now have a choice, stick with an outdated, overhyped phone and ecosystem with very little changes over 5 years or move on with the rest of the technology industry. Apple is no longer interested in advancing technologies for consumers, they’re interested in money, plain and simple. If people don’t see that, they are fooling themselves.

    • Apple still offers the best user experience imho. Talking user services and the devices itself.

      • JamesR624

        Yes, the interface is great but the technology is NOT there. I don’t hate apple and I don’t hate google. I just wish the two would team back up. Google clearly has the best software and Apple clearly has the best hardware. The fact that the two are split is whats giving Apple customers a bland, boring experience and giving Android customers horrible choices in hardware with tons of antenna and battery problems.

      • A bland, boring experience from Apple?! If that were true, the 80 billion $ in revenue wouldn’t be true :/

      • I think Apple has the better software and hardware both. In combination it makes iPhone the best 😉

    • Ignacio Irigoyen

      The only advancement that android phones did that the iphone did not is screen size, LTE and NFC. Which would be a waste if you can not use them. What good is to have NFC if you can’t use it? Or LTE if you have no cover?
      I for one couldn’t have care less the iphone 4s did no have this as it would have been a waste of space.

      I think apple aproach is not to rush in adding tech just to sale phones and make feature lists longer

      But that maybe just me…

    • Well hello there android fanboy

  • @dongiuj

    Watching this video is old news. Approx 3 years old in Japan, probably more, i can’t remember exactly when it started. Granted, not in so many shops but definately in convinience stores, vending machines, train stations and quite possibly other places.

  • Japan has had this for what, 5 years now? To me, I’d rather pull out a debit card instead of just waving my phone. What if someone steals your phone? There goes all your money. At least with a debit card you cancel it and have the charges instantly dropped.