B of A plans to expand a mobile payments trial it is conducting in New York to San Francisco and Atlanta this quarter, according to Michael Upton, the emerging channels capabilities executive at the Charlotte, N.C., company.
“We have liked what we learned,” Upton said of the trial in an interview on Monday. “It does … give us some of the market differentiation in terms of consumer adoption, behavior, preferences [and] perceptions by moving to some of the other markets.”
Bank of America also plans to make the system commercially available to customers by the end of the year, Upton said.
via American Banker