This was just posted on Xbiz.
http://www.xbiz.com/news/99663
Sounds really interesting.
LOS ANGELES — Visa and U.S. Bank have announced plans to launch a mobile money transfer program that will allow registered U.S.-based Visa cardholders to securely send funds to one another via their mobile phones.
The pilot program is scheduled to begin later this year and said to be the first U.S.-based trial testing mobile money transfers between Visa accounts.
According to the company, its new money transfer service is a key component of Visa's mobile strategy "that seeks to harness the proliferation of mobile devices by making them multi-function payment tools."