American Express launches mobile wallet

American Express has launched a mobile wallet in conjunction with US service provider Sprint for Android-powered smartphones. Via the deal, Sprint customers will be able to access Serve, American Express’ digital payments platform.

“Building partnerships with mobile carriers is key in our effort to build scale,” said David Messenger, executive vice president of enterprise growth at American Express. “Recent projections speculate that one in two people in the U.S. will own a smart phone by the end of 2011.”

Serve’s mobile wallet will be made available in the Sprint Zone, which is integrated on all Sprint Android-powered smartphones. The mobile wallet provides consumers with a one-click check-out service for bill payments and mobile purchases.

American Express’ Serve is a digital payment platform that unifies online, offline and mobile payment options into a single account. The service can be funded from a bank account, debit, credit or charge card, or by receiving money from another Serve account.

Sprint customers who register and qualify for a Serve account will be able to use their Serve card for making purchases at American Express participating merchants, paying their Sprint mobile bill, and in the future, for redeeming offers on goods and services.

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