Visa is adding a wireless twist to the old phrase "Charge It." The credit card processing giant announced Thursday several initiatives to allow its credit card toting customers the ability to transfer money, make payments, and receive real-time account notification alerts on their Nokia and Android cellular phones. Visa also struck a mobile deal with U.S. Bank.

Sprint Nextel announced Thursday a new downloadable application that will let its subscribers bank and pay bills from their cell phones.

The new application called MyMoneyManager will provide online banking access to accounts with BB&T, Citibank, IBC Bank and PNC Bank. Subscribers with accounts at these banks will be able to check balances, pay bills, and find nearby branches with ATMs using the application on their phone. Sprint subscribers must have a Web-enabled phone and a wireless data plan to access the service.

The MyMoneyManager application is available at no additional charge to Sprint data subscribers. In the future, Sprint plans to preload MyMoneyManager on phones. It will also include additional banks and other financial service providers.