We give a new proof of a classical result which provides a one-to-one correspondence between positive definite radial kernels on a homogeneous tree and finite Borel measures on the interval [−1, 1]. Our methods allow us to find a new characterisation in terms of positive trace-class operators on ℓ2. Furthermore, we extend both characterisations to finite products of homogeneous trees. The proof relies on a formula for the norm of radial Schur multipliers, in the spirit of Haagerup-Steenstrup-Szwarc, and a variation of the Hamburger moment problem.