IPayments Forum

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Mobile Payments

Apple Pay’s growth increases pressure on retailers to jump on board; Mobile Commerce Daily

Apple Pay continues to add more partners, including a number of new banks, which will drive perceived value for consumers and encourage more banks as well as retailers to jump on board.     (Read More)

Japan Lagging Behind in the Adoption of Mobile Payments Technology; paymentweek

Despite being one of the most technologically advanced countries in the world, Japan has a lot of catching up to do when it comes to digital payments and services.  (Read More) 
           

Taking One Touch™ Mobile Payments International; Braintree Blog

In September, we announced the general availability of One Touch™ mobile payments with PayPal in the U.S., the industry’s first and only single touch payment experience across Android and iOS. Today, in an effort to help people and businesses connect more seamlessly, reduce friction from buying on mobile and support innovation globally, we’re rolling out One Touch with PayPal in Australia, Canada, France, Germany, Italy, the Netherlands, Spain, Sweden and the UK. We’re starting the rollout in these markets, while working quickly to bring One Touch to our tens of thousands of customers across the more than 40 countries we serve globally.  (Read More)

Four Months After Acquisition, Square Launches iOS App For Food Delivery Service Caviar: TechCrunch

Over the summer, Square purchased food delivery startup Caviar. Today, it’s making ordering on the service even easier with the launch of a mobile app.  (Read More)

Apple Pay from the Front Lines; Gonzo Banker

It’s been a good three weeks since the new iPhone 6 arrived in the mail. It was a bittersweet moment as I had regretfully given up my iPhone 4S, primarily out of the geeky obsession that it was rumored to be the last product in which Steve Jobs was able to oversee development from start to finish.  (Read More)   
         

Can Apple Pay and CurrentC Coexist? PC

By now you have probably heard that CVS and Rite Aid disabled NFC radios in their check-out terminals, blocking Apple Pay and other mobile payment services.     (Read More)

Square Eschews Free, Starts $29 Pre-Orders For Chip-Based Card Readers; TechCrunch

Mobile payments company Square is today kicking off pre-orders for its new chip-based card readers, which were first announced earlier this year and intended to replace the current devices that read cards’ magnetic stripes. The mobile dongle version will sell for $29 and a table-top version will cost $39 undefined a departure for the company not just in terms of technology but also cost: the old mag-stripe dongles were free.    (Read More   
         

Alibaba, Apple Talks on Payments Tie-Up Focused on China; The Wall Street Journal

A senior Alibaba Group Holding Ltd. executive said Tuesday that a payment alliance between Apple Inc. and the Chinese e-commerce giant’s financial-services affiliate would focus on the Chinese market, and the two parties are currently discussing specifics of a possible partnership.     (Read More)    
        

Apple outlines Apple Pay, NFC operation in comprehensive patent filing; appleinsider

For a major mobile payment platform on the verge of launch, not much is known about the nuts and bolts behind Apple Pay. A new patent application discovered on Thursday, however, offers a detailed look at how NFC, secure enclaves and software come together to make safe transactions a reality.   (Read More)

Starbucks launching mobile ordering in Portland; full U.S. rollout in 2015; Chain Store Age

Starbucks Coffee Company continues to extend its mobile offerings. The coffee giant will launch mobile ordering in its locations in the Portland, Ore., area by year end, with a full rollout nationwide in 2015. The mobile-order app will enable customers to place orders in advance of their visit and pick them up at their selected Starbucks location.   (Read More)

Can Apple Solve Riddle of Mobile Payments With Apple Pay Service? The Wall Street Journal

Apple Inc.  is plunging into the world of mobile payments, lending legitimacy to a field that has dashed hopes of some of the biggest technology companies. (Read More)

Apple Inc's Pay creates boon for mobile payment companies; The Financial Express

Shares of companies that deal in wireless and cash-less payment are soaring on Wednesday, notching some of their biggest moves ever in the wake of Apple Inc announcing a mobile payment service.  (Read More)

MasterCard forces merchant POS upgrade to contactless as standard. Finextra

MasterCard has set a six-year timescale for all European merchants to replace their existing point-of-sale terminals with contactless-enabled tills by 2020.  (Read More) 
          

Airtel and Tigo Launch Mobile Money Interoperability in Tanzania; payments afrika

Airtel Tanzania and Tigo Tanzania have partnered for a cross-network money transfer service that will make it possible for subscribers from both networks to send and receive money between their mobile money wallets.  (Read More)

IBM and Monitise help financial institutions capitalise on commerce; Press Release

ARMONK, NY and LONDON, UK, 21 July, 2014 – IBM (NYSE: IBM) and Monitise (LSE: MONI) today announced an expanded, multi-year global alliance to deliver cloud-based mobile commerce solutions to help financial services institutions embrace the mobile channel and better engage with customers.  (Read More     

Amazon Quietly Launches Its Consumer-Facing Mobile Wallet App, Amazon Wallet; TechCrunch

Amazon’s first attempt at its own mobile wallet application, designed for use at the point-of-sale, has made a quiet debut on the Amazon Appstore and on Google Play. However, the current implementation of the new “Amazon Wallet” application is fairly barebones – it doesn’t yet support mobile payments or the ability to store credit cards or debit cards. Instead, the wallet only offers the ability to store and organize your gift cards and other store and loyalty cards.  (Read More 
  

Starbucks Has Bigger Plans in Mobile Payments Than Most People Realize; re/code 

A decade after the idea was first sketched on the proverbial drawing board, Starbucks is poised to finally let its customers order their coffees from their phones. And the company’s plans for building on its wildly successful mobile app don’t stop there.  (Read More)   
         

BlackBerry expands commitment to m-payments management services. paymenteye

Blackberry has announced a new three-year agreement with EnStream LP, a mobile payments joint venture owned by Bell, Rogers and TELUS, to provide a secure platform to support transaction services between leading banks and consumers.   (Read More)

Textacash Shows Growth in a Competitive Mobile Money Space; payments africa

Mobile money has redefined financial services locally and every serious service provider in the industry has tried to get in on the action.   (Read More)

M-Pawa Hits the Ground Running; payments africa

M-PAWA, a new banking product introduced by Commercial Bank of Africa and Vodacom has raked in 1.2bn/- in three weeks only after it was launched. Vodacom Tanzania’s Managing Director, Mr Rene Meza told the ‘Daily News’ that the money were savings from 50,000 people who had registered for the new service that allows customers to save money through their phones, earn interest from savings and eventually get micro loans when needed. He said over 250,000 Tanzania had so far registered for M-Pawa.   (Read More)    
        

MCX wants to be the world's most accepted mobile wallet; mobile Payments today

The Merchant Customer Exchange almost two years ago announced its intentions to release a retailer-backed mobile wallet, but the product remains a mystery outside some public revelations about partnerships with FIS and Paydiant and growing retailer support.  (Read More)

Walmart ramps up mobility with e-receipts; FierceMobileIT

Major retailer Walmart is enhancing its mobile platform by adding e-receipts as an alternative to the normal paper slip usually given to customers, according to a Mobile Commerce Daily article.  (Read More)

Mobile payments interest higher than activity; CUNA 

"There is high interest in mobile payments right now, but low activity," Jason Oxman, CEO of Electronics Transactions Association, told attendees at the Credit Union National Association Payments Roundtable Monday in Las Vegas.  (Read More)

Study of Mobile Banking Suggests 'Rush Hours' During Workday; Bank News

here are rush hours in mobile banking usage that coincide with the workday, according Malauzai Software, a leader in mobile banking. Malauzai’s monthly Monkey Insights highlights key trends in mobile banking usage. According to the report*, mobile banking usage continues to surge, and an important new characteristic is increasingly showing up: members and customers are switching to the mobile channel as their exclusive choice.  (Read More)

Facebook has more than 1 billion mobile users; Internet Retailer

That large mobile user base helped the social network generate roughly $1.336 billion in mobile advertising revenue in the first quarter.  (Read More)

Square’s deal with Starbucks is costing the payments startup millions; GeekWire

Square lost at least $20 million as a result of its partnership with Starbucks in 2013, according to a report in the WSJ, which doesn’t paint a very rosy picture for the mobile payments company.  (Read More)

PayPal boss Marcus softens stance on NFC but insists BLE will win out; Finextra

PayPal chief David Marcus says that the rise of host card emulation has forced him to reevaluate his long-held scepticism about mobile NFC payments, but he still feels bluetooth low energy will be the technology the revolutionises the way we pay.   (Read More)   
         

Global Mobile POS Market to Double This Year; MobileMarketWatch

If you’ve perused the archives around MMW lately, it probably didn’t take long for you to notice that the adoption of mobile devices for POS transactions is exploding worldwide.  (Read More)

Apple, Retailers Are 'Wild Cards' In Mobile Wallets; Investor's Business Daily

The biggest "wild cards" in the mobile wallet race are Apple (AAPL) and retail consortium MCX, while credit card networks such as Visa (V)and MasterCard (MA) as well as eBay's (EBAY) PayPal are well-positioned, says Jefferies, which this week hosted an electronic payments summit.  (Read More)

Airlines expect dramatic rise in availability of on-board mobile payments; BizReport

The next two years will see a significant rise in the number of airlines offering mobile payments on-board according to a new report from airline payment processing provider WorldPay.  (Read More)

MCDONALD’S PUSHES MPOS; PYMNTS.com

McDonald’s drive toward mobile payments integration continues to roll out internationally as Thai customers who order delivery service will now be able to pay by credit card using a mobile device.   (Read More)     

Over 52 million mPOS to Be Delivered in 2018 According to Smart Insights Report; Digital Journal

ntelling is publishing a new Smart Insights Report, "mPOS expansion shakes the Point of Sales industry" that analyzes in detail the dynamics and the specificities of the mPOS business. Mobile POS are a relatively recent addition in the payment ecosystem. After targeting only micro-merchants, mPOS developers are now expanding their offer to target all types of merchants, thus becoming a threat to the traditional POS vendors.  (Read More)

Mobile POS set to grow 95 pc worldwide in 2014: IHL Group

The adoption of Mobile devices for POS transactions is exploding worldwide, as retailers and consumers alike get more accustomed to retailers asking for payment on mobile devices.  (Read More)

AT&T, Verizon & T-Mobile Mobile Payment Service Isis Hits a Wall; Broadband

In late 2012 T-Mobile, Verizon and AT&T started trials of Isis, their NFC-based mobile payment platform that turns your smartphone into a debit card. Isis has seen mixed reviews, with many of the vendors supposedly participating in the limited trial never having heard of the service. Isis was officially launched last fall; interested users needing to obtain a secure element SIM card from their wireless carrier, a Near Field Communications (NFC) capable phone, and the Isis mobile app.   (Read More)    
        

Payments Council to launch m-payments service dubbed Paym

The Payments Council has announced the upcoming launch of its new platform dubbed Paym. The service will provide a secure way for consumers to pay using just a mobile number.  (Read More)

The future of mobile banking; CB Insight

Mobile banking has evolved considerably over the past several years. Changing consumer preference and behavior, differing approaches and solutions offered by solutions providers, and developing trends in mobile technology have considerably increased the value of mobile banking to both consumers and financial institu­tions. Two years ago, mobile banking was still in its infancy. Mobile deposit was a new technology that was relatively untested.  (Read More)              

Mobile banking: Making security and convenience a package deal; CB Insight

The clash between convenience and security has been in motion as the world has shifted to mobile devices, but this is only the beginning. While highly-connected companies have been managing these challenges for years, the speed, scale, and scope of the ongoing business transformation are enormous.  (Read More)

The Payments Challenge for Mobile Carriers; The New York Times

BARCELONA, Spain – Every cellphone operator is looking for ways to persuade customers to use their smartphones to buy goods online.  (Read More)     

China's Mobile Payment War Escalates; CRIENGLISH.com

In the war between Tencent and Alibaba for China's emerging mobile payment market, cab-calling services have become the slightly unexpected battlefield.  (Read More)

Visa, Mastercard challenge PayPal with new smartphone payment options; San Jose Mercury News

Visa and MasterCard are introducing Internet-based technologies to make it easier for shoppers to buy things at retail stores without pulling out a credit card. The two technologies, announced separately on Wednesday, will give merchants and banks more options for incorporating so-called contact-less payment systems into their mobile apps. The customer uses the app to make purchases by tapping the phone to a store's card reader.  (Read More)

Visa and Mastercard Team Up to Deliver Mobile Payments on Android 4.4; Gotta-Be-MOBILE

Two announcements today from Visa and Mastercard hint at major changes for the mobile payment revolution. One which has been slow to catch on and gain steam, even with all the tools readily in place.  (Read More)   
         

Mobile pay 2014: Innovation, disruption; ABA Banking Journal

Business and technology analyst Ovum expects continued technology and service innovation, notably around location-based applications, in the mobile payments space in 2014.   (Read More) 
           

Amazon to Offer Kindle Checkout System to Physical Retailers; The Wall Street Journal

Amazon.com Inc. AMZN +1.42%  plans to offer brick-and-mortar retailers a checkout system that uses Kindle tablets as soon as this summer, people briefed on the company's plans said.  (Read More)   
         

Mobile payments fees could break the $37 billion mark in 2 years; Mobile Commerce News

Revenues through smartphone and tablet based banking, money transfers and remote payments are skyrocketing.  (Read More)

Mobile devices from BlackBerry will comprise 98 percent of Defensewide System, M-Commerce Press

Defense Department officials have revealed that the mobile development of a Pentagon system is being geared toward ensuring that a range of different mobile devices from different brands for war fighters will be mainly supported by BlackBerry as the tool begins its launch at the end of January.  (Read More)     

Mobile Money: 10 Things You Need to Know; CGAP

Mobile Money is a fast-moving space, and a lot happened in 2013. For those of you looking to catch up, here is our list of 10 things you need to know about mobile money.  (Read More)

Fiserv Survey: Mobile Bill Pay Usage Doubled in 2013; Credit Union Times

Fiserv, Inc. released new research the company said shows Gen Y consumers are increasingly responsible for paying household bills and that they prefer mobile channels for managing finances.  (Read More)

Looking back at mobile payments in 2013; CB Insight

To get a feel for the year, we asked a handful of industry insiders to weigh in on one simple question: What was the biggest mobile payments news story or trend in 2013?   (Read More)

Is 2014 the year of mobile banking? CB Insight

Mobile banking grew rapidly in 2013, and new services and customer segments will further that growth in 2014.   (Read More)   
         

Mobile Point of Sale Projected to Reach 46% Market Share in 2017; Payments Source

Mobile point of sale terminals are projected to reach 46% market penetration by 2017, up from the 17% share of the point of sale terminal market that mobile systems held in 2012, according to a whitepaper by Mobey Forum.  (Read More)

Apriva Reports Over 300% Increase for Mobile Payments Solutions in US; Higher Adoption Rates Are Seen in Major Metropolitan Areas; SYS-CON Media/Press Release

Apriva, the leading provider of end-to-end wireless transactions, gateway services, and secure information solutions, has reported that the number of US merchants actively using its mobile payment acceptance software, which include its AprivaPay™ Plus and several white-labeled solutions delivered through various channel partners, has increased by over 300 percent over the past year.   (Read More)

Mobile Banks Gaining Popularity With Young Consumers; The New York Times

TURIYA GOETZE, a 23-year-old teaching assistant in Kansas City, Kan., found herself looking for a new bank this summer. Her student checking account at a large national bank had expired, and she was worried about paying lots of fees on a traditional account.   (Read More)

Mobile Payments Specialist Loop Raises $10 Million in Series A; netbanker

I'm near the end of my briefing with Damien Balsan. Damien is COO for LoopPay, a mobile payments company that is leveraging its expertise in magnetic secure transmission (MST) technology to make it easier for consumers to pay with their mobile devices.  (Read More)    
        

Barclays' Pingit enables large company payments to individuals; Mobile Payments Today

Barclays has added a feature to its Pingit mobile payment and P2P transfer service that gives large U.K. businesses such as insurers, retailers and utility companies the ability to pay individuals using their mobile phone numbers.  (Read More)

Vodafone Launches Mobile Wallet Service: Light Reading

Vodafone announced the launch of its mobile wallet service that will enable customers to make a wide range of everyday transactions with a simple wave or touch of their smartphone. Vodafone’s mobile wallet is the first European mobile payment service built on the GlobalPlatform open standard, which makes it easy for organisations, including banks, retailers and transport companies, to host services in the wallet.  (Read More)

Isis Mobile Payments Launches With No Meaningful Advantages; Internet Evolution

After more than three years of discussing and testing their Isis mobile payments system, three of the top four US cellular operators have launched it nationwide. Too bad it's not quite good enough for many consumers and enterprises.  (Read More)

Mobile Point of Sale Projected to Reach 46% Market Share in 2017; PaymentsSource

Mobile point of sale terminals are projected to reach 46% market penetration by 2017, up from the 17% share of the point of sale terminal market that mobile systems held in 2012, according to a whitepaper by Mobey Forum.   (Read More)

Google’s NFC Move Hands New Opportunity to ISOs, But Much Depends on Carrier Reaction; DigitalTransactions

Independent sales organizations and other acquirers could exploit Google Inc.’s move to decouple mobile payments based on near-field communication technology from a phone-based secure element, observers say. At the same time, much depends on how the mobile carriers, which have held tight control over the secure element, react to Google’s ploy, they say.  (Read More)    
        

Google’s NFC Move Hands New Opportunity to ISOs, But Much Depends on Carrier Reaction; Digital Transactions

Independent sales organizations and other acquirers could exploit Google Inc.’s move to decouple mobile payments based on near-field communication technology from a phone-based secure element, observers say. At the same time, much depends on how the mobile carriers, which have held tight control over the secure element, react to Google’s ploy, they say. (Read More)

Is ACH The Future of Mobile Payments? PYMNTS.com

Long offered by processors as a way to help retailers cut costs, ACH systems are gaining renewed interest as merchants seek to offer new functionality to mobile users at the point of sale, including facilitating the immediate exchange of loyalty information at checkout.  (Read More)

Mobile Cost Savings Examined; Credit Union Times

Credit unions may not be capturing the cost savings delivered by the mobile channel.  (Read More)

Mobile Payments Growth: Just the Tip of the Iceberg? Community Bank Insight

A new report from Business Insider Intelligence on the state of the mobile payments industry shows that, while the volume of mobile payment transactions still represent just a small percentage of overall payments on the surface, the level of growth is significant and quickly shaping the entire payments industry.  (Read More)

Mobile, Tablet, Online: Why One Size Does Not Fit All for Banks & Credit Unions; Credit Union Times

This Opinion piece looks at how credit unions can use the right delivery channel at the right time. Digital banking, which not long ago was synonymous only with “online banking,” has rapidly expanded to encompass three distinct, yet closely related channels: online, mobile and tablet. (Read More)

Mobetize, RentMoola offer mobile payments for Canadian rental market; mobil payments today

Mobile money enabler Mobetize Corp. has signed a partnership with RentMoola to bring mobile rent payments to Canadian tenants and landlords. RentMoola is a mobile and online payment network in partnership with Visa, MasterCard, Discover, American Express and RM Direct Debit, powered by BMO Financial Group.  (Read More)

NFC will not power US mobile payments: Forrester; Mobile Commerce Daily

A Forrester Research analyst at the Mobile Shopping Fall Summit said that she does not expect NFC to ever takeover the mobile wallet space. (Read More)

NTT Docomo sets launch date for global NFC payments; NFO World

Mobile network operator NTT Docomo, founder of Japan's Osaifu-Keitai mobile payments service, is to take its mobile payments service global from 5 February 2014, in conjunction with MasterCard.  (Read More)

Samsung Wallet Adds New Partners Expands Consumer Offerings; Press Release

Samsung Electronics Co., Ltd., a global leader in smart devices and services, expands consumer offerings available through Samsung Wallet, a practical and easy-to-use mobile app for storing tickets, boarding passes, membership cards, coupons, and more, with the addition of new partnerships across several industriesundefinedincluding transportation, coupons and hospitality.  (Read More)

Fiserv Debuts Mobile Cash Ordering Solution; Press Release

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today the availability of CorPoint®Mobile, a mobile application which allows merchants already using CorPoint®: Order Manager from Fiserv to now use their tablet or smartphone to order cash from their   (Read More)   
         

Visa: Follow four rules to reproduce the age of plastic; Mobile World Live

Elizabeth Buse, Visa’s global executive - solutions, said the same four rules that drove the success of credit cards 30 years ago could apply today to NFC and mobile money. (Read More)

MasterCard to acquire Turkish mobile payments processing provider; mobile payments today

MasterCard announced that it has entered into an agreement to acquire Provus Bilisim Hizmetleri A. S., an independent payment solution and processing provider in Turkey. (Read More)

Amazon challenges PayPal with 'Login and Pay with Amazon'; Finextra

Amazon is taking on PayPal with a new service that lets online shoppers use their log-in details to make purchases on other e-commerce sites. (Read More)

PayPal Unveils Yet Another Way to Pay in Stores. Now It Has to Get People to Use It; All Things D

Another day, another announcement of a product aimed at getting shoppers to buy stuff in retail stores using an app on their phone instead of a physical credit card or cash.  (Read More)

Mobile payments and Google Wallet’s future explained at Money 2020; Mobile Commerce News

The Google Wallet presentation at Money 2020 in Las Vegas had attendees on the edge of their seats as Ariel Bardin, the vice president of Google payments, placed a tremendous spotlight on the future of the mobile payments service and on the importance of being in the mobile space. (Read More)   
         

A Free Smartphone Would Mean Selling Your Soul To Amazon; readwrite

Everybody loves a free gadget. Or at least a very cheap one. E-commerce king Amazon is well aware of this fact and according to a recent report, could launch its own smartphone for free to the public.  (Read More)

Mobile Payments Predicted To Explode, But It's Not About NFC Or E-Wallets; Fast Company

We hear a lot about the explosion in mobile payments, and new analysis by Gartner supports the idea that the tech is rapidly expanding--it'll rise 44% worldwide to over $235 billion worldwide this year. But Gartner's data may contain a surprise: The growth in use isn't to do with NFC wireless payments or even e-wallet enterprises. Mobile payments are more about money transfers and bill payments. (Read More) 

Mobile is Key to Boosting Adoption of Paying Bills at Bankers’ Websites; Press Release

Financial institutions must take action to alter the fate of flat online banking adoption through 2018. Javelin estimates banks can increase household adoption of online banking by 22% by targeting 29 million Americans who are just one step away from paying their bills at the bank. Today, Javelin Strategy & Research (@JavelinStrategy) released 2013 Online Banking and Bill-Payment Forecast: 29 Million Holdouts Primed for FI Bill Pay, a report that identifies a new segment of nearly 11 million consumers --Digital Drifters, who bank online and use mobile banking but do not pay bills at their bank. A majority of them pay bills online – they just do so at a biller’s websites. The report provides key recommendations to cater to these young, tech-savvy, mobile-minded consumers who crave control as they monitor and manage their growing finances. (Read More)

Why Apple's iBeacon Is Better Than NFC; Fast Company

There is no NFC capability in the new iPhones, but that's okay--Cupertino has bigger (and less expensive) plans for low-power radio wave-based mobile payment technology. (Read More)

PayPal Will Win the Mobile Payments Race; Forbes

Mobile Payments has been touted as the next frontier in retail for the past couple of years.  Most of the “buzz” has been around a technology called “Near Field Communications” (NFC). (Read More)

Mobile payments: UK vs US; realbusiness

A consortium of US mobile operators recently announced that their flagship payment product, Isis, will be rolled out nationwide following a trial in Houston and Salt Lake City. The UK equivalent, Weve, a joint venture between Vodafone, Telefonica and EE, is not going to launch a payments product until 2014 at the earliest. On the outside looking in, it seem that the UK is lagging behind the US in mobile payments. (Read More)

Mobile Payments: $58 Billion by 2017; Yahoo

On July 11, 2013, eMarketer reported that proximity mobile payments will top $1 billion for the year. The modern smart phone has become an all-in-one device for communication, games and Social Media – transitioning to financial transactions only makes sense. Bar codes, QR images and Near Field Communication technology enables customers to use their cell phones for scanning, swiping or tapping to buy products and services.  (Read More)

In 2013, mobile commerce contributes 17.4% of total ecommerce revenues. And by 2017, the share will go up to 25%; retaildigital

According to Medio, retailers are gathering a ton of data from mobile devices, but most do not know how to put big data into full operational use or get the real value out of it. The white paper it released shows that predictive analytics and real-time tools can help personalize and improve the mobile shopping experience. (Read More)

Vodafone India launches mobile money transfer with ICICI Bank; Daily News

Vodafone India, along with ICICI Bank, Wednesday launched its mobile money transfer and payment service 'M-Pesa' here. It plans to roll out this service in Mumbai and Lucknow in the next couple of days. (Read More)

Will Isis NFC bet force merchants' hands? (Analysis); Mobile Paymentstoday

NFC payments in the United States gained momentum recently as Isis announced new partnerships with American Express and Chase. The partnerships follow a July 30 announcement that Isis will roll out nationally later this year following two pilots in Austin, Texas and Salt Lake City, Utah. (Read More) 
          

Facebook's Latest Mobile Strategy: Dumbphones; TECHNEWSWORLD

Today in international tech news: Facebook will reportedly unveil plans to tap into markets relying on antiquated mobile technology. Also: China announces some concrete plans (and punishments) for its real-name registration plans; iTunes users in China are finding downloaded apps that they didn't actually download; and the UK expands its list of blocked file-sharing sites yet again. (Read More    
        

PayPal, Square and Groupon: Who Will Win the MPOS Battle? Cloud Times

The battle to dominate the mPOS space continues. With more than $3.6 trillion in credit and debit card transactions processed annually in the US alone, the race to get the biggest portion of this extremely profitable pie is definitely on. (Read More)

Visa, MasterCard look to gain bigger foothold in mobile payments; Mobile Commerce Daily

While Visa and MasterCard have not played a major role in mobile payments to date, they are betting big that the next generation of mobile payments from banks will leverage the networks’ platforms. (Read More)

Google Wallet For Gmail Invites Start Rolling Out To More Users

In May, Google announced that its online and mobile payments solution Google Wallet would be integrated within Gmail in the coming months, but no exact time frame for the rollout was given. Now, it appears as if more users are gaining access to the Google Wallet in Gmail feature, as invitations are hitting Gmail inboxes.  (Read More) 
           

EPC Publishes New Mobile Wallet Payments White Paper and Invites Comments by 30 September 2013; EPC News

The European Payments Council (EPC), working together with all stakeholders active in the mobile payments ecosystem, is willing to contribute to the development of a reliable and secure ecosystem for the initiation and receipt of Single Euro Payments Area (SEPA) payments by mobile phone. (Read More)

MOBILE COMMERCE PREFERRED BY OVER HALF OF CHINESE CONSUMERS; Mobile Commerce Press

According to a Draftfcb China global study, the adoption of mobile commerce by brands and companies could help them to double or even triple the sales that they are experiencing over the short and medium term future. (Read More)

MOBILE PAYMENTS ARE SLOWLY STEPPING INTO CANADA; Mobile Commerce Press

According to the latest report from Technology Strategies International, a research firm, there is a very slow but upward growth of contactless mobile payments in Canada, to the degree that it will one day replace the current leader, cash. (Read More)

Visa predicts 52 billion mobile payments per month by end of 2013; Mobile-Financial.com

SLOVAKIA: Visa has declared war on physical cash as it looks to drive the uptake of mobile payment services, predicting that over 50 billion contactless payments will be made every month across Europe by the end of 2013. (Read More)    
        

Google, Isis show mobile wallets are expensive propositions; Mobile Payments Today

Google Wallet has been a hit to Google's metaphorical wallet. According to Bloomberg, Google has spent $300 million in acquiring payment startups to bolster its digital wallet product. This on top of internal resources dedicated to making Google Wallet a success. (Read More)

Bloomberg Report: "Google Wallet Has Become A Money Pit," Some Expansion Projects Reconsidered Or Abandoned; Android Police

After two years on the market, Google Wallet has failed to gain any kind of meaningful foothold in the mobile payment world. That's the gist of a new report from Bloomberg Businessweek, slamming Google's mobile and NFC payment service as a "money pit" and unlikely to succeed against existing and upcoming competitors. Among the publication's chief complaints are $300 million in investments and acquisitions, and hundreds of developers on staff, all for less than 10 million downloads in the Google Play Store.  (Read More)

5 Mobile Payments Data Points That Will Blow Your Mind: Business Insider

Consumers gravitate to convenience. That’s as true with payment technologies as it is with anything else. A prime example is the decades-old trend away from cash or checks and toward credit cards.  (Read More)

Mobile money in the UK; Consult Hyperion

When you use the term ‘mobile money’, your audience generally assumes you are referring to the phenomenon of mobile phone-based money transfer schemes in emerging markets, in particular its poster child, M-PESA in Kenya.  And there’s good reason for this; most press about mobile money focuses on emerging markets and if you visit the GSMA’s Mobile Money Tracker (http://www.mobileworldlive.com/mobile-money-tracker), it lists a large number (182 at the last count) of mobile money deployments around the world, all of which are in the emerging markets of Latin America, Africa, and South and Southeast Asia. (Read More)

M-Pesa upgrade to ease payment of electricity bills; Business Daily

Safaricom has begun upgrading M-Pesa to a new platform that will enable users make instant payments of their bills. Under the new system, whose processing capacity is expected to increase, clients will settle post-paid electricity bills, insurance premiums and bank payments in real-time. (Read More)

PayPal Finds The Wallet as We Know it is Dying; Mobile Marketing Watch

According to the findings of a new study commissioned by PayPal and chronicled by MobilePaymentsToday, the traditional wallet is fast falling out of favor with consumers. The global study shows that an overwhelming majority of respondents (83 percent) don’t want the hassle of carrying around an old-fashioned wallet. (Read More)

How to Accept Mobile Payments with a Smartphone or Tablet; Business News Daily

The most affordable way for business owners to accept mobile payments is with equipment they already own. That's right, your smartphone or tablet is the cheapest, and fastest way for you to get paid on the go. (Read More)

Why The iPhone Still Matters To Mobile Payments; Finextra

Months before the iPhone 5 was released, the industry was a buzz of rumours on the details of Apple’s new device. New connectors, a new OS, thinner, taller. But one feature that received wide-spread attention from the banking industry was the rumoured inclusion of an NFC Chip. Something that anticipated bringing mainstream scale to a technology that could replace the need for us to carry wallets full of plastic credit & debit cards. Who could forget Google’s George Costanza advert for the Google Wallet, the first NFC Mobile Wallet. (Read More)

Mobile Coupons Fueling Mobile Commerce; Mobile Marketing Watch

Mobile coupons and mobile commerce have an inextricable future together. That much is clear in a new report from BI Intelligence. (Read More)

Google Wallet Lets You Send Payments Through Gmail: redOrbit

All eyes were on Google yesterday as they kicked off their 2013 I/O developers conference in San Francisco. While earlier reports claimed this conference would be slow on announcements, Google spent the day discussing updates to existing products like search and Wallet. (Read More)

Xoom and Vesta Announce Partnership for Mobile Wallet Integration; Press Release

Xoom Corporation (Nasdaq:XOOM), a digital money transfer provider, and Vesta Corporation, a leading mobile payments provider, announced a partnership to offer international money transfers using mobile devices. The Vesta PayMobile™ wallet allows users to top-up their prepaid iPhone and Android devices with some of the largest carriers in the US.  Through this partnership, the Vesta wallet will also provide subscribers with access to Xoom's money transfer services directly from their smartphone. (Read More)

Are NFC payments dead? Forbes

The new generation of smartphones running the Android operating system come loaded up with special equipment, called NFC chips, that theoretically would allow for those phones to be used as payment device. Surprisingly, few pieces of software are available in the market to complete the loop, leading NFC payments in a limbo that could kill the concept altogether. (Read More)

Mobile payments don't depend on Apple, but Apple will soon depend on mobile payments; Mobile Payments Today

As per the last count (and I keep track of this stuff) there are 47 misconceptions, misunderstandings, and myths about Apple when it comes to mobile payments. I’m not going to bore you with all 47, but we can hit the highlights on three which have recently been brought to the forefront. (Read More)

Half of Visa’s payments will be via mobile by 2020, says Visa Europe VP; The Drum

By 2020 half of all Visa’s transactions will be via mobile devices, according to senior VP of new product development for Europe, Caroline Hawkett.  (Read More)    
        

Alipay Launches Sound Wave Mobile Payments System In Beijing Subway; TechCrunch

Alipay has launched a new payment system in the Beijing subway that uses sound waves to connect smartphones with ticketing machines. The sound wave payment system was introduced with the Alipay Wallet mobile app in January and uses white noise (link via Google Translate) generated by a smartphone to carry digital information to another device. Initially used for smartphone-to-smartphone transactions, the Beijing Subway launch marks the first time the system has been used with a payment kiosk for consumer transactions, according to Xinhua (link via Google Translate). (Read More)

Banks' mobile apps fall short of the grade; Financial Services Club

I got an interesting piece of news about a report on mobile apps this week: "Mobile Apps for Banking 2013" by myprivatebanking, a Zurich-based research firm. According to their analysis, the overall quality of mobile apps for banking is increasing, but there is still a critical lack of more advanced, user-friendly features and content. (Read More)

PayPal ramps up mobile in-store services with wider availability; Mobile Commerce Daily

PayPal is significantly expanding the availability of in-store mobile services for merchants such as in-aisle selling and ordering ahead via a partnership with Magento. (Read More)

Digital Wallet Race Is Far From Over; American Banker

Payments players with digital wallet aspirations undefined including Visa, MasterCard, Google, PayPal, Apple and Isis undefined are all vying for customers' virtual pocket books in a race to truly electronic transactions. Yet none have had much luck, so far. (Read More)

3 Things Banks Must Do to Survive the Mobile Payments Jungle; American Bankers

Bankers frequently ask us how mobile payments will generate revenues and profits. But an even more burning question may be: How much do banks stand to lose by not providing a robust mobile payments offering? (Read More)   

Mobile Commerce on the Rise in Asia/Pacific, Says MasterCard Survey; Bank Systems & Technology

About 40% of online shoppers in Hong Kong, South Korea, and Singapore made a purchase with their phone in the past three months, according to poll. (Read More)

EBay shares slide as MasterCard threatens PayPal with new fees; Finextra

Shares in eBay fell to a 2013 low yesterday amidst concerns that the online auction house's PayPal unit could be hit by MasterCard's plan to introduce a new 'digital wallet' fee. (Read More)

Digital wallet fee on PayPal 'appropriate' - Visa CEO; Finextra

Visa chief executive Charlie Scharf has indicated that he will follow the lead of rival MasterCard and introduce a 'digital wallet' fee on firms such as PayPal. (Read More)

Merchants wary of mobile-payment costs; The Globe and Mail

Canada’s wireless industry is deepening its push into the nascent market for mobile payments, fuelling tensions with merchants over the prospect of higher fees. (Read More)

BlackBerry CEO on Apple: What We Have Here Is a Failure to Innovate: eCommerce Times

Thorsten Heins has been busy Down Under, talking up the Z10 and talking trash about Apple. He softened his attack on the iPhone by offering some acknowledgment of the important role it played in launching the smartphone era, but didn't pull any punches when it came to present-day innovation, saying essentially that Apple has lost its gleam. (Read More)

10 New Rules for Mobile Payments and Loyalty Startups; Forbes

My business is helping companies speed up innovation – often by partnering with tech startups. A wilder ride compared to my days leading innovation at Fortune 100 companies. But lately, I’ve experienced enough déjà vu to get a platinum medical marijuana card. (Read More) 

Mobile Commerce Daily’s Mobile Commerce Outlook 2013; Luxury Daily

The runaway hit for retail this year will be mobile commerce. The best way to leave money on the table is not to have a commerce-enabled mobile site and application. (Read More)

Visa Inks $59M+ Deal To Extend Mobile Money Partnership With Monitise In Europe; TechCrunch

Visa believes that by 2020 more than half of all payments made in Europe will be done through mobile devices, so it is continuing to put more investment into how it will remain a central part of those transactions. (Read More)

MWC 2013: Does NFC Mean "Not For Commerce"? PYMNTS

It’s an acronym made in effigy that we see often in the payments industry. Those who don’t believe NFC is a viable payments technology often use it as a catchy way to support their claims, while NFC’s vocal supporters often decry the slogan as so much clever nonsense. (Read More)

PayPal, Softbank strike m-payment partnership deal; telecomepaper

PayPal has signed a partnership agreement with Japanese telecom and internet company Softbank and Nihon PayPal KK. Via this partnership, PayPal seeks to extend the PayPal Here mobile payment service to small businesses and entrepreneurs through SoftBank retail shops and business sales networks across Japan. (Read More)

Isis Revamps Its Mobile Wallet And It’s Actually Fixing What’s Broken; StorefrontBacktalk

The news that Isis is working on a new and improved app for its mobile-payments system is a good sign, though maybe not for the reasons Isis wants it to be. According to NFC Times, the new version of the app will be created by a hot Austin startup, Mutual Mobile, to replace the original version developed by mobile-wallet specialist C-SAM. (Read More)

From Passbook to Mobile: The Evolution Of The Bank Account; Bank marketing Strategy

Some might argue that nothing replaces a face-to-face relationship. That assumes that a digital, mobile experience is inferior to face-to-face. And while that may have been true in the past, that's not going to be the case in the future. (Read More)

Will Apple Press Forward Or Take a Pass on Passbook Payments? Digital Transactions

Passbook? The topic of Apple Inc.’s loyalty application didn’t come up Wednesday afternoon when the leading Silicon Valley tech company’s top brass discussed their latest quarterly results, which stock analysts found disappointing. But some smart-phone industry observers see evidence that Apple is laying the groundwork for a full-fledged mobile-payments system, possibly built around Passbook. (Read More) 
           

Commentary: Mobile payments in 2013, the future is cashless; Mobile Payments Today

The world has already turned mobile, but the question of how soon and in what way will money go mobile still remains. Optimistic predictions were made for 2012, which was supposed to be the boom year for mobile payments of all sorts, and in many ways it was. (Read More)

Mobile Payments Heat Up in Canada; Bank Systems & Technology

CIBC Bank's Steve Tyers, VP of e-channels products and marketing, discusses the bank's plans for mobile following its launch of an NFC-based mobile payments app late last year with BS&T associate editor Jonathan Camhi. (Read More)

Mobile Banking And Payment Startup mFoundry Sold To FIS For $120M On $165M Valuation; TechCrunch

Some consolidation in the world of mobile payments and mobile banking: mFoundry is getting acquired by FIS for $120 million. FIS undefined a banking and payment provider that works with some 14,000 banks worldwide undefined already had a 22% stake in the company; today’s deal will see it paying for the remaining 78% in cash, for a total valuation of $162-$165 million. mFoundry provides mobile banking and mobile payment solutions to some 850 banks and retailers, including Bank of America and Starbucks, which uses some of mFoundry’s technology to enable mobile payments, which complements the partnership that Starbucks has with Square. (Read More) 
  

NCR Teams With Paypal to Enhance Mobile Payments System; Mashable

Point-of-sale giant NCR and Paypal are teaming up to make life a little easier for restaurant-goers. The two companies announced an agreement on Tuesday that will bring the option to pay with PayPal on NCR's recently announced mobile payment app. (Read More)

MCX Embracing QR Codes, The Cloud And Unparalleled Vagueness; StorefrontBacltalk

Merchant Customer Exchange, the retail group trying to offer its own mobile wallet, plans on using QR codes as the heart of its cloud-based payment app, the group announced Monday (Jan. 14). (Read More)

Why Isis Still Has Believers; PYMNTS.com

The technology behind NFC alone is not enough to drive consumers to use mobile wallets. David Marcus, President of PayPal, said so. Karen Webster, CEO of Market Platform Dynamics, said so. In a way, even Apple said so by opting not to include NFC functionality with the iPhone 5. (Read More)

RIM Gets Visa Approval for Mobile Payment Solution; FOX BUSINESS

Research in Motion (RIMM) announced Wednesday that Visa (V) approved its mobile-payment solution. According to the company, its solution for Near Field Communication mobile payments, called Secure Element Manager, allows carriers to securely manage credentials on SIM cards installed in mobile devices. (Read More)

China Mobile, China UnionPay drive m-commerce in Chengdu; ZDNet

The two companies will help the Chinese city become a model city for mobile commerce by deploying its NFC terminals and touting its mobile wallet business. (Read More)

The Top 4 Mobile Payment Processors; The Motley Fool

When I was a kid, one of my relatives gave me $20 in cash for Christmas one year. That was awesome, because $20 seemed like a fortune to me in 1993. But the days of $20 being a lot of money are gone, and it looks like the days of opening letters with cash in them may be slipping away, too. New payment offerings from Square, Groupon, Intuit, and eBay's PayPal are offering customers more ways to pay that eschew the need for gift cards or currency. Here's my ranking of the four offerings from worst to best. (Read More)

Bank of America's Plan to Drive Mobile Banking Beyond 12 Million Users; American Banker

Twelve million mobile banking customers may sound like a satisfactory number, but Bank of America wants more. (Read More)

VeriFone calls it quits on mobile payments; Venture Beat

The mobile payments market may be set to pull in $171 billion this year, but for VeriFone, it’s been a big waste of money. (Read More)     

Starbucks continues to give mobile payments a buzz; Mobile Payments Today

The Starbucks mobile payment app keeps rolling along, setting the standard for other mobile payment applications. (Read More)

Opera strikes a Latin American mobile payments deal; Internet Retailer

One of the biggest hurdles in mobile commerce adoption is easing the pain of typing in credit card numbers on a smartphone screen. Opera Software ASA, developer of the desktop Opera web browser and the Mini version for mobile devices, has signed a deal with Naranya to make mobile commerce payments a little easier for consumers in several Latin America countries. (Read More)

Points Meet Point of Sale: Membership Rewards® from American Express Debuts Mobile Gift Cards; Press Release

Just in time for the holiday shopping season, the Membership Rewards program launches Mobile Gift Cards, allowing Card members to use Membership Rewards points for smartphone-enabled gift cards and use them instantly to pay with their smartphones. Mobile Gift Cards are currently available for eight different retailers including: Banana Republic, Gap, Old Navy, PBteen®, Pottery Barn®, Pottery Barn Kids®, West Elm® and Williams-Sonoma®. (Read More)

MPowa reports First National Bank deal; denies own claims on Visa acceptance

UK Square-clone mPowa says it has struck a multi-million pound deal with South Africa's First National Bank (FNB). Meanwhile, the firm has denied claims made by its own staff that it can no longer process Visa transactions. (Read More)

NFC Mobile Payments To Hit $100B In 2016; Online Media Daily

A new forecast from U.K.-based ABI Research projects mobile payments powered by Near Field Communications (NFC) will jump from $4 billion this year to more than $100 billion by 2016 and hit $191 billion in 2017. Driving that vertiginous growth will be the convergence of different payment types (proximity, P2P and online) on one NFC-equipped handset to enable ticketing, retail and loyalty card transactions. (Read More)

Is mobile NFC the future of the payments? Pros and cons; finextra

As Apple launched its iPhone5 without NFC, lots of us asked the question: is this just a commercial strategy from Apple, or they simply don’t believe in the future of NFC? Many researchers and analysts are desperately seeking an answer for this question, and I would like to put my bet now. (Read More)

Will Isis Make Paying With Your Smart Phone Popular? BYTE

Your phone might soon be all you need to pay for items at the store. Mobile wallet service Isis will conduct its first trials at several retail stores in Austin, Texas, and Salt Lake City on Oct. 22. (Read More)

Mobile Point-Of-Sale Payments On Staggering Growth Path; MoBlog

Strap yourselves in, boys and girls -- the m-payment rocket is about to ignite. So say eMarketer analysts in their latest projections of growth in using mobile phones as a personal point-of-sale at retail. They are expecting “proximity payments” (using phones as a payment method at POS) to reach $640 million this year -- small, but still reflecting a growth of 283% over last year. That rate of expansion will continue next year, but now off a much larger base, so mobile POS will be worth $2.12 billion in 2013. (Read More)

Apple Shuns Mobile Payments With iPhone 5; CNBC

EBay Chief Executive John Donahoe often quotes a merchant saying NFC stands for "Not For Commerce" - and dismisses the prospects of Near Field Communication technology used to turn cellphones into mobile wallets. (Read More) 

Amazon, Apple and Avon get top marks in mobile commerce; Internet Retailer

Online retail behemoth Amazon.com Inc. is widely known for its easy-to-use e-commerce site that often scores high marks in consumer satisfaction. Now a new poll from market research firm ForeSee finds that the retailer is a leader in the mobile commerce realm as well. (Read More)

Isis postpones its payment system launch, no new release date revealed; NFCNews

This summer was expected to see Isis, a joint venture between Verizon, AT&T and Virgin Mobile ,provide an NFC-based payment system but an announcement made by the group has put the project on hold, according to a GogaOM.com report. (Read More) 

MasterCard Study: Mobile Commerce to Be King; Credit Union Times

The intent of the study was to chart the many changes in consumer behavior that are attributable to the proliferation of smart mobile devices and, said MasterCard in a statement, “the mobile phone will overtake the physical store, website and call center as the single most important communication channel with customers by 2020.”  The card issuer based that on what its researchers heard in interviews with some 300 leading retailers across Europe. (Read More)

Visa CEO talks consumer tech, future of mobile payments; USA Today

From the outside, Visa CEO Joseph Saunders oversees a $9.2 billion business that looks like old-school capitalism. (Read More)

Merchant group to create mobile payment app, take on Google, Square; Los Angeles Times

A group of 14 merchants is expected to announce a joint venture to create a mobile payment app that would compete with Google Wallet, start-up Square and others, according to a report. (Read More)

Top Ten Trends in Mobile Commerce; Mobile Commerce Press

It’s estimated that over two-thirds of smartphone owners now use their mobile device to shop online, according to a survey from eDigitalResearch. As mobile commerce continues to increase each year, safer and more convenient mobile payment options have arisen as a result. The following are a few key trends in this department to keep an eye on. (Read More 
           

Amid slowing phone sales, Android makes gains; GIGAOM

Overall handset sales slumped last quarter as consumers face economic challenges or are waiting for newer phone models. But Android keeps outpacing iOS devices while handsets from Research In Motion and Nokia continue to drop, although Windows Phone is showing signs of sales life. (Read More)

Google begins Motorola turnaround by slashing 4,000 jobs; GIGAOM

The restructuring process under Google has begun at Motorola, which will reduce its head count by 20 percent of 4,000 jobs this year. The company is slimming down its operations in an attempt to compete with smartphone leaders Apple and Samsung.  (Read More)

Social Will Move Mobile Payments to the Next Level; Business Insider

The new Starbucks-Square mobile payments partnership is an opportunity for Twitter and Facebook to leverage their developing mobile ad platforms, geo-targeting features and itinerant user base into transaction gold.The question is not if, but how soon? (Read More)

IBM Kicks Tires of RIM's Enterprise Services Unit; eCommerce Times

IBM might pick up a piece of RIM for a song just to spare itself the necessity of replacing the many thousands of BlackBerry devices its employees are currently using. It could likely get the division at a good price -- possibly what it would cost to implement a new system -- as RIM is not in a position to drive a hard bargain, according to Peter Cohan of Peter S. Cohan & Associates. (Read More)    
        

ViVOtech, a maker of point-of-sale and contactless readers, is restructing its operations and selling off its reader business.

A story from Dan Balaban at NFC Times said the company might be closing its doors, but ViVOtech has responded to the report by dening that it is ceasing operations, and saying that the company is instead restructuring to focus on its software business. (Read More)       

Apple Wins Another NFC Patent, Next iPhone May Be Able To Make Mobile Payments; redOrbit

And just like that, Apple has some new patents which were just released today, this time involving that long rumored NFC technology which has been expected in the iPhone for a few years now. (Read More)

Asia's 'cash culture' hinders mobile POS takeoff; ZDNet

Consumers' preference for cash payments and low credit card user base in key Asian markets such as China, India, and Indonesia mean more work to be done to drive mobile point-of-sale adoption. (Read More)

U.K. smartphone owners increasingly using devices as a part of their shopping experience. Mobile Commerce Press

New research in Britain has shown that mobile commerce is becoming ever more popular among smartphone users in the country, as a growing number of related affordable and convenient services also become available, such as cheap shipping prices. (Read More)

Apple Receives NFC Patent, But Takes It Slow with Mobile Payments; threat post

Apple was granted a patent on Tuesday by the United States Patent and Trademark Office for a Near Field Communications (NFC)-enabled travel management application, furthering speculation that the company is readying mobile payment technology for future versions of its iPhone product. (Read More)

Four Mobile Marketing Trends That Spell “Opportunity”; Business 2 Community

For small businesses that are weighing the value of a mobile marketing or mobile commerce program, a recent infographic on mobile trends from Outsystems® is packed with helpful insights. (Read More)
          
 

Google Wallet launches support for subscriptions; Computer World

Google Wallet launched support for recurring subscription payments and has begun automatically assigning the lower of two fees for processing payments, Pali Baht, Google Wallet product manager for digital goods said at the I/O conference on Wednesday. (Read More)

China Mobile, China UnionPay join forces for mobile payments; NFC News

China Mobile and China UnionPay have signed an agreement to jointly develop an array of mobile payments products and services, according to Marbridge Consulting. (Read More)

The High Cost Of Paying By Phone; Discovery News

At the counter of a coffee shop in San Francisco, I whipped out a smartphone, launched its Google Wallet app, tapped in a four-digit PIN, waited for the program to report it was ready, held the phone up to a Google Wallet reader, and saw "Authorizing Transaction" appear on its screen. That's when the alleged future of mobile payments got seriously awkward. (Read More)

Mobile Payment Smackdown: Square vs. PayPal Here; Mashable

In 2009, Square revolutionized ecommerce with their mobile credit card reader, and is now processing $6 billion a year in payments from more than two million Square users. But now Square has competition from PayPal undefined it boasts 110 million users worldwide and more than $118 billion in transactions last year undefined which is preparing to introduce the PayPal Here mobile payment service. (Read More)

Africa's mobile money boom; African Business Reveiw

Exclusive interview with Paul Makin, one of the men behind Africa's award-winning mobile transfer service M-PESA (Read More) 

Passbook Is the Beginning of Mobile Payments On iOS; GIZMODO

Passbook is a new mobile wallet from Apple that will debut in iOS. Right now it's not about payments, it's about ticket aggregation, but it's a sign of things to come. (Read More) 

iOS 6 Passbook vs. Google Wallet: Apple's Passbook will beat Google Wallet by killing the whole mobile-payment game; CNET

Sorry, Google Wallet fans, but Apple may have just pulled the mobile-payment rug from under Android's feet. In signature Apple fashion, the new iOS 6 Passbook app takes a shockingly simple approach, which is just why it'll prove a hit. (Read More)

Rumor: Sprint Releasing Its Own Mobile Payment Service Called Touch; Android Police

NFCTimes says the service will be called "Touch," and will utilize a similar "secure element" system like Wallet (eg, a physical chip) in order to securely process mobile payments. Likely by necessity, this would mean the end of support for Google. (Read More) 

Can Facebook Become A Mobile Payments Leader? Forbes

Facebook has rolled out a new, simplified mobile payment flow which enables developers to use Facebook’s Payments API in their apps and accept payments easily through just a 2-step process, instead of the older 7-step tedious process. (Read More)

Which Apps Got Screwed By iOS 6? TechCrunch

Today’s keynote at Apple’s Worldwide Developer Conference highlighted a number of new features that the company has added to its mobile operating system. And while a number of updates will make life easier for users, there are also some new features that will compete directly with developers who build for the iOS platform. (Read More)

Mobile Payment Skeptics Challenge Isis, LevelUp And Banks; PaymentsSource

Even at a conference called the Mobile Banking and Commerce Summit, mobile payments can be a hard sell to some in attendance. (Read More) 
          

Could The BlackBerry Save Mobile Payments? Maybe It’s The Only Thing That Can; StorefrontBacktalk

Everybody is waiting for Apple in NFC mobile paymentsundefinedthe theory being that the iPhone's try-anything-if-it's-Apple owners will embrace tap-to-pay as soon as the company endorses it. But Apple is in no hurry, and Google Wallet and ISIS aren't exactly taking off, while PayPal prefers phone numbers and PINs. The one player desperate enough to jumpstart NFC mobile payments may be RIM. (Read More)
            

ROAM CEO: MasterCard's Guidelines are Crucial For an Evolving Space; PYMNTS.com

MasterCard's new standards for mobile payment security provide much-needed guidance to an evolving industry that's seeing explosive growth. Will Graylin, ROAM Data CEO and mobile expert, goes in-depth with PYMNTS.com about the changing mobile space, the important issues these guidelines address, and what we can expect for the future of mobile payments. (Read More)

How The Future of Mobile Lies in the Developing World; TechCrunch

In less than three decades, the mobile phone has gone from being a status symbol to being a ubiquitous technology that facilitates almost every interaction in our daily lives. One month after the world’s population topped 7 billion in October 2011, the GSM Association announced that mobile SIM cards had reached 6 billion. A 2009 study in India illustrated that every 10 percent increase in mobile penetration leads to a 1.2 percent increase in GDP. (Read More)

Swift calls on banking industry to build new mobile payment rails; finextra

Interbank messaging network Swift says banks should collaborate to build a global service for international mobile P2P money transfers. (Read More) Download: Swift Mobile Payments White Paper

With Dozens of New Merchant Partners, ISIS Set for Summer Launch; PYMNTS

Foot Locker and Macy’s are among the national retailers who have signed up to accept payment from the Isis Mobile Wallet, the product of a mobile payment joint venture created by AT&T, Verizon and T-Mobile. (Read More)

Everyone And Their Mother Will Soon Be Using A Digital Wallet; Business Insider

It's beginning to look like digital wallets are going mainstream. (Read More)

An Explanation of NFC; mobilepaymentstoday

Smartphones can enable a broad range of new NFC-enabled experiences, but supporting back-end systems must be in place. (Read More) 
          

MasterCard Is Testing A Digital Wallet That Could Rival PayPal's; Business Insider

The digital wallet wars are heating up now that MasterCard has entered the fray. (Read More)

Simple launches iPhone app; finextra

The app lets users send payments, add payees and schedule one-time or recurring bills. Customers can also search and organise transactions, editing descriptions, categories and locations. The app displays users' 'Safe-to-Spend' balance to help them keep on top of their budgets and has an ATM search function and tool for contacting customer service. (Read More)

China Will Be No. 1 M-Payment Market By 2015: Bank Systems & Technology 

A report from consulting firm Kapronasia indicates that the Chinese mobile payments market will be worth more than $80 billion. (Read More)

Mobile Payments Using Smartphones Is The Growth Engine Of The Future; Seeking Alpha

As the growth of smartphone adoption increases across the globe, this is lending more relevance to smartphones as a mobile payment device. The volume of all types of mobile payments will top $200 billion by 2015, up from $16 billion in 2010, according to research and advisory firm Aite Group. The market for mobile card acceptance by small businesses and individual merchants is probably about $4 billion currently, but it is growing fast. (Read More)

75% of world's poor unbanked but mobile phones revolutionizing access; finextra

Around three quarters of the world's poor, living on less than $2 a day, do not have a bank account but mobile phones are helping to change this, according to a report from the World Bank. (Read More)

Gemalto selected by América Móvil, Banamex and Banco Inbursa as the technology provider for Transfer mobile payment service in Mexico; Press Release

Gemalto (Euronext NL0000400653), the world leader in digital security, announces being selected as the technology provider for Transfer, the service to be offered by the joint venture between América Móvil/Telcel, Citibank´s Mexican unit Banamex and Banco Inbursa in order to turn the mobile phone into an innovative and efficient payment instrument for carrying out transfers and air time purchasing, among other operations. Transfer is the service that enables financial transactions in real time, 24 hours a day, from a mobile device through SMS messaging.  (Read More)

NCR Rivals PayPal As Square's Scariest Competitor; Fast Company

In June, NCR is slated to launch NCR Silver, a new product that will enable merchants to accept payments via iPad or iPhone, just like solutions from Square, Intuit, and PayPal. (Read More)          

Nordstrom Sees Sales Boost From Mobile POS Devices; Forbes

Long lines are one of the worst nightmares for retailers – especially those with consumers about to make purchases worth hundreds of dollars. For these customers, standing in line for several minutes provides the opportunity to think about the purchase they are about to make. (Read More)

Intuit Acquires AisleBuyer Tech for $80 – $100 Million;BostInno 

Boston Mass based AisleBuyer was founded in 2009 and provided a smartphone driven self checkout solution that aims to improve in-store shopping experience by eliminating the need to wait in line. (Read More) 

Bitcoin Doesn't Need a Dongle; Forbes

Bitcoin bypasses the need for an external dongle because it bypasses the existing railroad tracks of the entrenched legacy players like VISA and Mastercard. (Read More)

Mobile phone payments platform set to be delayed again by European regulators; The Telegraph

‘Project Oscar’, a joint bid by UK mobile operators to allow phones to be used like credit cards, is set to be delayed by European regulators, The Daily Telegraph has learnt. (Read More) 
           

MasterCard's transactions to double by 2018 thanks to mobile payments; Slash Gear

The reason, according to analysts, is because of the company's extensive growth in the world of mobile payments. It's a segment that is seeing a lot of attention right now and one that will enable MasterCard to get billions of new customers. (Read More)

Square Card Case is now an improved 'Pay with Square'; CNET

The offering still lets customers pay for purchases from their mobile devices, but now makes it easier to find merchants that use Square's service. (Read More)

Google Said to Rethink Wallet Strategy Amid Slow Adoption; Bloomberg Businessweek

Google Inc. (GOOG) is weighing changes aimed at improving its Google Wallet mobile-payment system following slow adoption and the departure of two key managers, according to people with knowledge of the project.(Read More)

Wal-Mart, Retailers Line Up Vs. Banks On Mobile Pay; Investors.com

Just as Bank of America (BAC) and other financial giants strive to come up with new ways to boost their income, Wal-Mart (WMT) and a group of retailers are looking to bypass the banks and tap the potentially lucrative mobile payment market. (Read More)

Sen. Wants FTC to Take a Hard Look at Mobile Apps' Snooping Practices: TECHNEWSWORLD 

Sen. Charles Schumer has written to the FTC asking the commission to investigate issues regarding mobile device applications and user privacy. Over recent weeks, several reports have highlighted ways in which mobile applications on platforms like Android and iOS can snatch user data like address books and even photos. (Read More)

Isis set to beat Google Wallet ahead of its release; androidandme.com

NFC mobile payments are convenient and easy and more secure than traditional credit cards and cash. One of the biggest players in this market is Google Wallet, which was unveiled back in May 2011. But Google’s service is not the most successful, and it is about to face a competitor with a much more prepared and widespread infrastructure – Isis. (Read More)

Simple and secure: “mobile money” at the ATM


eServGlobal and Wincor Nixdorf, one of the leading global providers of IT solutions to the retail and banking industry, have agreed to cooperate on integrating eServGlobal’s mobile money capabilities with Wincor Nixdorf’s extensive ATM portfolio. This advanced solution will allow consumers without bank accounts to deposit cash, withdraw cash and manage their mobile money account directly at ATMs. Developing countries in particular are the target market for this solution which will be launched on 27 February at the Mobile World Congress in Barcelona. (Read More)
        

Cloud-based payments could challenge NFC in 2012; NFCNews 

While 2011 was a big hype year for NFC payments, 2012 may see the technology challenged by cloud-based solutions that use existing mobile infrastructure, according to Mobile Commerce Daily. So far 2012 has been somewhat of a down year for NFC (Read More) 

Groupon On A Shopping Spree: Buys Mobile Payment Specialist Kima Labs; Techcrunch

Another acquisition for Groupon, and a sign of how the e-commerce company is getting more focused on mobile as a route to future growth: it has picked up Kima Labs, which makes mobile barcode reading app Barcode Hero and mobile payment app TapBuy. The terms of the deal were not disclosed; we’re trying to find out.(Read More) 

moneto brings NFC Mobile Wallet to Six Additional Smartphones, Announcing the First Wave of Compatible Android Devices; Press Release

Six Samsung Galaxy S Android smartphones now supported on the moneto mobile wallet in addition to the iPhone 4S, 4, 3GS and 3G. (Read More) 

La Caixa goes top of wallet with PayPal Instant Account Creation; PayPal Blog

As you know, at PayPal we’ve partnered with over 50 financial networks and more than 15,000 banks in APAC, Europe and the Americas. All of our partners face the same challenge: strengthening their relationship with their customers.  At PayPal, we strongly believe this will be done through Innovation and Partnerships. (Read More) 

To Sign Merchants Nationwide, Square Heads to Campus To Recruit a Sales Force; Digital Transactions

Square Inc. is quietly assembling a part-time sales force of college students nationwide who will be entrusted with finding local merchants that would use Square as their payment processor. The development may mark a major change in the way that Square, which has benefited from a huge amount of free publicity, books merchants for its payment service that caters to very small businesses and individuals who sell goods and services part-time. (Read More) 

Visa’s Saunders Downplays Merchant-Cost Concerns For Digital Wallet; ISO & AGENT

Visa Inc. chairman and chief executive Joe Saunders on Jan. 31 downplayed concerns over the costs associated with its new digital wallet at the company’s annual shareholder meeting.(Read More) 

Businesses Can Capture Signatures, Easily Calculate Taxes and Tips Using New Sage Mobile Payments 2.0; Press Release

 

Sage North America announced the launch of Sage Mobile Payments 2.0, the latest version of its Payment Card Industry (PCI) compliant mobile payments product. Sage Mobile Payments comes bundled with a Sage merchant account, and allows businesses to cost effectively and securely process credit and debit card transactions on mobile devices, like cell phones and tablets, including Apple’s iPad, across all major wireless carriers. (Read More) 

Contactless ATMs: the new wave of banking? thinkbanking

The 'contactless revolution' has already rapidly changed the way we can withdraw our money, with credit & debit cards and even mobile phones quickly adopting contactless payments technology. But how would you feel about using a contactless ATM that allowed you to withdraw money at the swipe of your bank card? (Read More) 

Hackers Hit Zappos, 24 Million Customers; PC Magazine

With online shopping hitting record levels of adoption this past holiday season, it may seem to many that we're on the brink of a golden age of online commerce. But a hacking incident suffered by Zappos just last night could give some wary shoppers pause before making that next Internet purchase. (Read More

Breached Merchant Sues Processor; Bank Info Security

Family-owned Cisero's claims Elavon Inc., its former payments processor, and U.S. Bank, its former acquirer, illegally charged the Park City, Utah, restaurant fees and fines after an alleged card breach. Elavon and U.S. Bank are part of U.S. Bancorp. (Read More

MaxMind and TeleSign Partner to Provide Best-in-Class Multilayer Fraud Prevention; Press Release

TeleSign, a market leader in Internet fraud prevention and user authentication, and MaxMind, a leading provider of IP geolocation and online fraud detection solutions, announce the availability of the minFraud service, integrated with TeleSign Telephone Verification and PhoneID. (Read More) 

AmEx Puts $125M In And Partners With Chinese Mobile Payments Company Lianlian To License Serve; TechCrunch

American Express is making a significant move in the expansion of its digital wallet, Serve to international markets today. The credit card company is announcing the first global partnership for Serve with Lianlian Group, of of China’s leading mobile payments providers. (Read More

Top 2012 Ecommerce Trend: Retailers Need to Move to Mobile; eCommerce Guide

Last year the top ecommerce trends focused on social integration, customer analytics and ecommerce remarketing. This year, it is clear that the days of building websites to best service consumers who mainly shop on a computer or laptop are over. (Read More) 

The Value Of Mobile Payments Is Beyond Transactions; CIO Network

Carl Tsukahara is the Chief Marketing Officer and Vice President of Products at Clairmail, a mobile banking and payments provider. (Read More) 

Mobile payment trends for 2012: direct carrier billing, security, competition; TechJournal

Direct carrier billing will be a catalyst for innovation and change within the mobile payments industry in 2012, according to mopay, a payment solutions provider to online merchants. (Read More) 

Walmart Buys Mobile Developer Small Society; Mashable

Walmart has purchased Small Society, a Portland-based mobile developer that’s built apps for Starbucks, Amazon, Whole Foods, ZipCar, the Democratic National Committee, and others. Financial terms were not disclosed in an announcement on the retail giant’s @WalmartLabs blog earlier Wednesday. (Read More

Mobile Small Business Trends for 2012; Small Business Computing

If there is one safe prediction for 2012, it's that mobile devices and apps will become increasingly mainstream, table-stakes technology for small businesses. (Read More) 

Survey of mobile insiders says financial companies to define mobile payments; Mobile Payments Today

Industry analyst Chetan Sharma has published his annual survey of mobile industry insiders. Sharma solicited the opinions of 150 mobile execs, developers and "insiders," to gauge what areas to watch in 2012. (Read More)

Ten Predictions for Wireless in 2012; Digital Media Wire

Juniper Research has gathered together a list of its top ten predictions for the coming year, led by its forecasts for the effect of financial conditions and the impact of the 2012 Olympics in London. (Read More) 

PayPal: Mobile payments and location-based offers go hand-in-hand; GIGAOM

As we have been reporting, PayPal is gearing up to launch an in-store payment system that will compete with Google Wallet, Isis, Square and others. But the company isn’t just building out a point-of-sale transaction network. It’s looking to engage consumers well before they set foot in a store. (Read More) 

Pay-by-name purchasing: changing the future of spending; KMOV.com

Physical credit and debit cards could soon become relics of a pre-smartphone era, reminiscent of days when consumers’ wallets were stuffed to the brim with stiff plastic and dead presidents. (Read More) 

Mobile Payments Investment to Grow in 2012; Bank Systems & Technology

A Fiserv/Forrester survey found that financial institutions are looking to ramp up RDC and mobile P2P payments offerings next year. (Read More) 

Mobile Predictions for 2012: Security, Payments, Windows Phone and More; CIO

CIO.com's Al Sacco gathers a handful of mobile and wireless predictions from industry experts on subjects like mobile malware, mobile payments and location-based services and offers his take on which predictions will come true--and which will fall through. (Read More) 

Number 5: M Commerce and The Rise of the Machines; WWD

In the home, out of the home, at school or work, at a restaurant or on a bus undefined consumers are shopping on the go more than ever before. (Read More) 

Mobile Payments State Of The Industry Report Examines Outlook For Mobile Commerce; Vending Marketwatch

The Mobile Payments State of the Industry 2012 study by Mobile Payments Today digs deep into current usage numbers and offers a roadmap for the mobile payments and mobile commerce industry over the next year. (Read More) 

Digital Snickers Alert: Google Wallet Is Coming to a Vending Machine Near You; The Wall Street Journal

There might now be one less reason to kick the office vending machine undefined consumers will soon be able to pay for their snacks with a smartphone, as well as send real-time complaints about their Snickers stuck in a spiral. (Read More) 

Trouble brewing for Google Wallet; Mobile Payments Today

I believe in Google's capability to actually pull off mobile payments. I believe Google does get it. With all its initial failings, its misplaced loyalty towards NFC and the existing payment rails, I believe it truly have a shot at fixing payments and closing the loop in local commerce. (Read More) 

French bank and carrier team up to bring mobile payments to market; Near Field Communications

The new BNP Paribas Mobile service combines a mobile network subscription, a range of innovative mobile banking products plus a choice of phones undefined including three with NFC undefined and is being promoted to customers via the bank's network of branches across France. (Read More) 

Telefonica Digital and RIM announce NFC payments with BlackBerry smartphones; Fierce Mobile Content

In collaboration with local banks and retailers, Telefonica will roll out the Telefonica Wallet for BlackBerry to 350 employees at its headquarters in Distrito Telefonica, Spain. Those taking part in the trial will be able to make payments in a simple, easy, safe and convenient way by simply tapping their NFC-enabled BlackBerry smartphone against a reader. (Read More) 

PayPal finally updates Android app with NFC money transfers; Mobile Beat

If you’re one of the lucky few with an NFC (near-field communications) capable Android phone, PayPal’s updated Android app will finally give you a reason to give NFC transfers a spin. (Read More)

Mobile Patent Wars: A Closer Look at How Everyone Loses; PCWorld

These days, mobile-technology patents and lawsuits go together like peanut butter and jelly. Previously, patents primarily served to help companies protect their intellectual property; now, however, Apple, HTC, Microsoft, and smaller companies are using patents as leverage, suing one another in attempts to gain the upper hand. The trend, experts say, is quickly spinning out of control, and hurting consumers when it comes to mobile-gadget choices and prices. (Read More)

Intuit partners with AT&T to provide GoPayment mobile POS to small biz customers; Mobile Payments Today

Intuit Inc. is joining with AT&T Inc. to offer GoPayment for AT&T, a new flavor of its small business mobile point-of-sale service aimed at AT&T's customers, the company announced. Along with the mobile application and credit card reader that let small businesses accept credit or debit card payments on a mobile device, GoPayment for AT&T includes automatic signup and pre-approval for the majority of AT&T customers. (Read More)

Top 5 Need-To-Knows About Tablets in Retail; Motorola Web Cast

When it comes to technology in retail, one of the biggest buzz words is “tablet.” While used by consumers to price shop, get more information and buy online, many retailers are piloting them with store associates to meet the increase in customer expectations and enhance the shopping experience. (Read More)

PayPal dramatizes how it plans to get into stores; Internet Retailer

The stars are lining up for PayPal, the payment services arm of eBay Inc., to make the transition into stores. And to generate some buzz about the services it expects to launch in 2012, PayPal has set up a temporary showcase in a New York City storefront. (Read More) 

Nearer and Nearer: NFC Chipmaker Celebrates Numbers; The Wall Street Journal

France-based NFC chipmaker Inside Secure announced that it has shipped 10 million chips, the majority for smartphones, so far this year. The company’s NFC chips are present in Research in Motion’s new BlackBerry Bold and BlackBerry Curve launched last summer. (Read More)

Google’s NFC Wallet Predicament; NFC Times

Even as Google sends out its “brand ambassadors” to catch video images of consumers gushing as they tap to pay for the first time with the Google Wallet, doubts are growing that the Web giant will be able to make this a mass market service. (Read More)

Square readies for battle with PayPal; IGAOM

Square is still an upstart in the mobile payment world but it’s showing that even with the approach of a new merchant payment system from PayPal this week, it’s got plenty of momentum on its side yet. (Read More)

Lack Of NFC In iPhone 4S Won't Impact Market, Say Analysts; TechCrunch


While not entirely surprising, yesterday’s announcement of the new iPhone 4S did not include a mention of NFC (near field communication). Although many hoped for the inclusion of the short-range wireless technology which serves as the backbone for current and planned mobile wallet systems, Apple still has plenty of time to integrate NFC into future handsets. It’s possible that NFC will even arrive in the upcoming iPhone 5. (Read More)

Adoption of Digital Wallet Faces Hurdles; CNBC.com 


Mobile commerce is facing the same concerns over security as e-commerce a decade ago, but technology allowing people to make payments over wireless electronic devices is likely to proliferate faster. (Read More)

Mcommerce to take off in China; Warc 

Mobile commerce sales in China will rise rapidly over the coming two years, according to a new forecast. Minsheng Securities, the financial services group, and iResearch, the insights provider, predicted that transactions carried out through mobile phones would be worth a combined RMB11.4bn ($1.8bn; €1.3bn; £1.1bn) in 2011. (Read More)

BlackBerry Sneaks Up On Mobile Payments. Should Retailers Care? StorefrontBacktalk 


BlackBerry phones are actually being used for mobile payments in some Middle Eastern countries. And on Monday (Oct. 10), BlackBerry maker Research in Motion announced a new set of NFC-based features that sound like a perfect platform for doing payments in some Middle Eastern countries. (Read More)

 

Mobile payments to overtake cards within ten years; NFC World

Mobile payments will represent 15% of all card transactions by 2013, and will overcome card volumes within 10 years if growth continues at the same rate, according to the World Payments Report 2011. (Read More)

Tabbedout expands nationally to more bars, restaurants; Austin Business Journal

Mobile application developer Tabbedout has reached an agreement with a San Antonio-based hospitality point-of-sale software maker. (Read More)

epay Signs Long-Term Prepaid Processing Agreement for Boost Mobile, Virgin Mobile USA and Assurance Wireless; Press Release

LEAWOOD, Kan.--(BUSINESS WIRE)--epay, a division of Euronet Worldwide, Inc. (NASDAQ: EEFT), a leading global electronic payments provider and distributor, today announced the signing of an exclusive agreement to process prepaid mobile airtime transactions in the independent retail segment for Boost Mobile, Virgin Mobile USA and Assurance Wireless. These no-contract wireless brands are owned by Sprint [NYSE: S]. (Read More)

Visa Europe launches Mobile Person-to-Person payment and Visa Alerts services; Press Release

Visa Europe, Europe’s leading payments technology company, today announced the launch of Visa Mobile Person-to-Person payments and Visa Alerts: two new services designed to help consumers manage their money and make payments using their mobile phones. (Read More)

Mobile Payments Are Going to Explode This Holiday Season, PayPal Says; Read Write Web

Payments company PayPal wants to make sure that it stays in the conversation when it comes to mobile payments. (Read More)

UK Mobile Payments JV Hits Rocks Before It’s Started: Three Appeals To EU; mocoNews.com

Operator partnerships for services are notoriously hard to get right: and it looks like the mobile payments and advertising joint venture between Everything Everywhere, Vodafone and O2 in the UK will be no different… (Read More)

New contactless deployment with member banks and Strasbourg; Press Release

Visa Europe and its member banks are playing an active role in a new contactless payments pilot in Strasbourg. (Read More)

Mobile payments for dummies; MobileBeat

Confused about the many different flavors of mobile payments? The below infographic may help, courtesy of Mobile Payments Today. (Read More)

FNB debuts new form of mobile payments; TECHCENTRAL

First National Bank has launched a new service called Pay2Cell that allows its accountholders to make payments to other FNB accountholders using only the recipient’s cell phone number. (Read More)

American Express and Sprint Collaborate to Promote Serve; Press Release

First Carrier Deal For Serve Offers Sprint Customers Easy Access to Mobile Payments (Read More)

M-payments are Vodafone's biggest business in Kenya; RETHINK WIRELESS

Operator steps up payments activities with African expansion and German joint venture plan; (Read More) 

How Visa Plans To Dominate Mobile Payments, Create The Digital Wallet And More; The Washington Post

As we've seen with Google Wallet, Android phones such as the Nexus S are being built with NFC chips, making your cell phone a mobile wallet. Visa recently joined the ISIS network, a NFC mobile payment network that is a joint venture formed by AT&T, T-Mobile and Verizon. (Read More)

Visa Using EMV To Rig The Mobile Game: StorefrontBacktalk

When Visa announced Tuesday (Aug. 9) that it was reversing course and endorsing EMV for the U.S., the card brand billed it as a bridge to mobile payments, which it is. But the move is also some crafty strategy, one designed to lay a foundation for a mobile-payment environment that will be much more hospitable for Visa's mobile-payment flavor than for rivals' options. (Read More)

Facebook Said to Be in Talks to Bring Credits to Mobile Browsers; Bloomberg

Facebook Inc. is in talks to let developers sell virtual goods within mobile Web browsers, part of an effort to generate more revenue from smartphones and tablet computers, three people familiar with the matter said. (Read More)

The U.S. Merchant Acquiring Industry in 2011: Going Mobile; Press Release

Many merchant acquirers in the US have truly begun to rationalize their delivery of value-added services and innovative technology. With the rising emphasis on mobile devices across the market ecosystem, providers of merchant services have focused significant development and marketing resources on the mobile / micro-merchant space. (Read More)

3 Mobile Cash Registers; Inc.

A look at three Web-based point-of-sale systems that work on laptops and tablets. (Read More)

Monetizing mobile: How banks are preserving their place in the payment value chain; Press Release

Everybody wants to talk about mobile banking and payments. And no wonder: the heady combination of increasingly sophisticated mobile devices, banking services and payment options offers banks the opportunity to gain market share, tap into new revenue streams and reduce their overall cost to serve customers. (Read More)

Google’s Punchd acquisition to push mobile wallet uptake; VentureBeat

On first glance, Google’s acquisition of Punchd (a mobile phone-based loyalty service), a company barely a year and a half old, with little revenue and less than $150K in funding for $10M (reported widely) seems crazy. (Read More)

U.S. Bank and Monitise Americas introduce free mobile banking service for Reliacard Visa cardholders; Press Release

U.S. Bank, lead bank of U.S. Bancorp (NYSE: USB), has partnered with Monitise Americas and FIS™ (NYSE: FIS) to offer a new mobile application for U.S. Bank ReliaCard Visa cardholders in 16 states. ReliaCard is a prepaid, reloadable card for those who receive recurring cash disbursements from a government agency. (Read More)

Intuit Buys Mobile Money Ventures Platform to Bolster Mobile Banking Capabilities; Press Release

Company Brings Technology In-house to Expand New Financial Institution Offerings Faster (Read More)

Mobile Payment Players Swallow Their Egos; eWeek Europe

Britain’s operators have set up a shared system for mobile commerce. It’s about time they got together, says Sophie Curtis. (Read More)

How Starbucks Is Paving the Way for Mainstream Mobile Payments; Mashable

While near field communication and QR code marketing campaigns are all the rage, the 2D bar codes pushing mobile payments are a little less sexy. Starbucks Card Mobile is a three-part system that includes 2D bar codes, scanners and mobile phone applications for iPhone, BlackBerry and now Android. (Read More)

Mobile payments: Who needs NFC anyway? Computer World

Despite flurry of NFC interest, Starbucks is satisfied with success of barcode scanning technology. (Read More)

Verizon Wireless and Payfone Power New Mobile Payment Solution; Press Release

New Service Will Allow Verizon Wireless Customers to Make Mobile Payments for Online Purchases from Smartphones, Tablets and PCs. (Read More) 

Google Wallet “is one of the biggest investments we’ve made at Google for a very long time” Near Field Communications

"Larry and Eric personally convinced me" to make the move to Google, Osama Bedier, the company's VP of payments, has told NFC World as he set out Google's commitment to building an NFC platform that is open to all undefined and revealed that Google Wallet will eventually be able to hold keys, ID credentials and driving licenses. (Read More) 

Google Wallet will enable consumers to tap, pay and save with their phones; Press Release

Google, Citi, MasterCard, First Data and Sprint announced and demonstrated Google Wallet, an app that will make your phone your wallet so you can tap, pay and save money and time while you shop. For businesses, Google Wallet is an opportunity to strengthen customer relationships by offering a faster, easier shopping experience with relevant deals, promotions and loyalty rewards. (Read More)

Visa unveils mobile wallet plans; Near Field Communications


Near Field Communications World   The digital wallet will store Visa and non-Visa payments accounts, support NFC payments and deliver a wide range of transaction services including e-commerce, mobile commerce, micropayments, social networks and person-to-person payments (Read More)

 

VeriFone Partners with Google and Leading Retailers to Power NFC-based Mobile Payments; Press Release

Prominent Retail Brands Coast to Coast Embrace Mobile Payments Trial to Provide Greater Consumer Value (Read More)

'Wave and pay' mobile phone spells the end for cash; The Telegraph

Orange and Samsung have teamed-up with Barclaycard to provide mobile phone payments. Matt Warman explains why cash is doomed. (Read More)

Dodd-Frank hurt mobile payment system plans: AT&T; Reuters

New debit card regulations have hurt U.S. mobile carriers' attempt to compete in the payments processing industry against dominant networks Visa Inc and MasterCard Inc., a top AT&T Inc executive told Reuters. (Read More) 

MIFARE4Mobile Industry Group Announces Roadmap; Press Release

The MIFARE4Mobile Industry Group, consisting of leading players in the Near Field Communication (NFC) ecosystem including Ericsson, Gemalto, Giesecke & Devrient, NXP Semiconductors, Oberthur Technologies, STMicroelectronics and ViVOtech, today announced the new roadmap for MIFARE4Mobile™ specifications. (Read More) 

Google raises concerns over the viability of NFC card emulation mode for mobile payments; Near Field Communications World

"I'd love to see peer-to-peer used for payment," Google's Nick Pelly told a packed audience at the I/O conference's 'How to NFC' session, as he responded to questions regarding the future of mobile payments on Android devices. (Read More) 

eBay’s PayPal Buys Mobile Payments Startup Fig Card; TechCrunch

In its second acquisition in two weeks, eBay’s PayPal unit has bought mobile payments startup FigCard. Terms of the acquisition, which was announced on the PayPal blog, were not disclosed. (Read More)

PapayaMobile Raises $18 Million For Mobile Social Gaming Network: TechCrunch

 

PapayaMobile, the developer of a plug and play technology that incorporates social gaming elements into iOS and Android games, has secured $18 million in Series B funding led by Chinese venture firm Keytone Ventures and DCM. This brings Papaya’s total funding to $22 million. (Read More)

 

Visa Releases Mobile Acceptance Best Practices; Press  Release

 

Establishes security guidelines necessary for ensuring stakeholder trust in mobile acceptance solutions (Read More)

 

NFC Retail Marketing & Mobile Payments; Press Release

 

This board level evaluation of the rapidly developing NFC market delivers the most extensive appraisal of the industry to date. (Read More)

 

AT&T launches white label m-commerce platform for retailers; Rethink Wireless

 

Works with Digby to offer tools for partners to create smartphone stores, apps and payment processes. (Read More)

 

Mobile Money to Deliver on the Promise; Electronic Banking Options

 

Nowadays, there is not a month without multiple announcements or rumors pertaining to new mobile payments or banking offerings. Excitement tends to run high when a major mobile platform player is said to be eyeing payments. (Read More)

 

Near Field Communication Forum Announces 32 New Members; Press Release

 

The NFC Forum, a non-profit industry association that advances the use of Near Field Communication (NFC) technology, today announced that Google, Inc. is joining the organization as a Principal member. CSR and Intel, formerly Associate Members, have raised their membership status to the Principal level. Since its founding in 2004, the NFC Forum has drawn market-leading organizations from around the world to its membership roster as momentum builds for the adoption and implementation of Near Field Communication technology. (Read More)

 

Amazon planning NFC payments and marketing service? Near Field Communications World

 

Amazon could be the next major company to throw its hat into the NFC payments ring, according to a Bloomberg news report. (Read More)

 

U.K. Consortium Launches Pay By Mobile; The wall Street Journal

 

A U.K. retail consortium has unveiled plans for a new mobile shopping platform that would let shoppers buy goods online or from catalogs via their mobile phone. (Read More)

 

Free mobile banking network launched in South Africa: springwise.com

 

In South Africa, an estimated 13 million people undefined 27% of the population undefined are currently without bank accounts. Simultaneously, 94% of the adult population possess a cell phone. Just as M-PESA realized the potential for mobile technology to bring banking to the masses at low costs, the Branson Centre of Entrepreneurship and Forus Financial Transaction Services will similarly be launching the Mahala Free Banking Platform in May 2011. (Read More)

 

Microsoft Is Said to Plan Mobile Payments in Phone Software; Bloomberg

 

Microsoft Corp. (MSFT) is working on a version of its Windows Phone software that will let users buy merchandise with a flick of the handset at a checkout counter, two people familiar with the plans said. (Read More)

 

Mobile commerce and shopping experiencing phenomenal growth rates: report; Mobile Commerce Daily

Almost half – 48 percent – of consumers use their mobile devices to research or browse products and services, according to Oracle’s “Mobile Trends: Consumer Views of Mobile Shopping and Mobile Service Providers” report. (Read More)

U.S. Bank Expands Mobile Banking Features to Include Deposits, Alerts;  Press Release

U.S. Bank customers can rely on their mobile device now more than ever to move and manage their money. With the launch of a new series of mobile banking enhancements starting March 14, customers can now use their mobile device to deposit checks and monitor credit card activity, in addition to features already offered such as person-to-person payments. (Read More)

Google Is Said to Test Mobile-Payment System With VeriFone; Bloomberg

Google Inc. (GOOG) plans to start testing a mobile-payment service at stores in New York and San Francisco within four months, letting shoppers use their phones to ring up purchases, three people familiar with the project said.  (Read More)

NPCI to charge banks for mobile transactions; Business Standard

 

The National Payments Corporation of India (NPCI) will charge 10 paise to remitting banks for every mobile transaction on the Inter Bank Mobile Payment Service (IMPS) from April 1, 2011. (Read More)

 

Microsoft Needs Mobile Money; Information Week

It's not enough for mobile to be hot; eventually Microsoft has to find a way to make it profitable too. (Read More)

With Signed Merchants Onboard, Isis Looks at Transit, Fast Food, Groceries; Digital Transactions

The new Isis mobile-payments venture has recruited some merchants as it builds the acceptance side of its network, the Isis executive overseeing the merchant effort said on Wednesday. (Read More)

Mobile phone e-wallets get closer to reality; CNET

Later this year you'll be able to pay for clothes, taxi fare, and dinner with your mobile phone and leave your credit cards and cash at home. (Read More)

Updated: SponsorPay takes funding from Nokia Growth Partners to target mobile; TechCrunch

SponsorPay, the European provider of advertisement-based payment systems, has raised further investment. This time the funding comes from Nokia Growth Partners, the $350m fund with close ties to Nokia itself and existing investors. It should comes as no surprise then to learn that SponsorPay intends to use the new capital to support its expansion to mobile devices, tapping the Finnish handset maker’s contacts along the way. (Read More)

Mobile Payments Try to Take Root in Afghanistan; technology review

 

A study reveals the challenges facing mobile payment systems in Third World countries. (Read More)

 

Google may get tough on in-app purchasing too; Rethink Wireless

 

Bar on Visual VoiceMail app blamed on crackdown on firms going outside its new in-apps system (Read More)

 

Yankee Group Forecasts Global Mobile Transaction Value Will Near $1 Trillion by 2014; Press Release

Still, fewer than 10 percent of consumers are willing to pay extra for mobile transaction services. (Read More 

VeriFone Expands PAYware Mobile to Global Markets; Press Release

Brings Most Versatile Smart Phone Enabled Mobile Payment Service with NFC and EMV Chip & PIN to Small Businesses (Read More)

Orange strengthens its tablet portfolio with launch of the Orange tablet; Press Release

7" Android Tablet available in four markets on launch, broadening choice in a popular product category (Read More)

In Haiti, Cell Phones Serve As Debit Cards; NPR

The past year in Haiti has been marked by the slow pace of the earthquake recovery. But the poorest nation in the hemisphere is moving quickly on something else undefined setting up "mobile money" networks to allow cell phones to serve as debit cards. (Read More)

txtNation adds support for Mobile Payments in the Nordics; Press Release

txtNation, leading mobile payments and solution provider, has today launched local support in the Nordics, starting with an initial roll-out in Denmark and Sweden (Read More)

US Person-to-Person Mobile Payments Market: Gee Whiz or Gee Why? Report

Mobile person-to-person payments is a promising service and a logical expectation for smartphone users accustomed to the "app for that" approach. But today's mobile person-to-person payments fail to deliver on key performance criteria for consumers, especially in the areas of speed to spend, ubiquity and convenience. This new report from Mercator examines the questions "why hasn't mobile P2P taken off" and "what's it going to take to get off the ground." (Read More)

Kenya's Banking Revolution; TIME

To meet the future of retail banking, cross Moi Avenue into the rougher part of downtown Nairobi, pass the Chicken Spot restaurant and squeeze between four stalls selling counterfeit mobile phones, and you'll reach a door undefined and behind it a tiny room containing a hat stand, a wall calendar, a strip light and a desk. (Read More)

Retailers Embrace Mobile Point of Sale Systems for Consumer Engagement, Interactivity, and Revenue; Aberdeen Group

65% of Retailers Have Identified POS Mobility as a Top Initiative to Deliver a Personalized and Interactive In-Store Experience for Consumers (Read More)

Square Raises $27.5M From Sequoia And Khosla, On Track To Process $40M In Q1 Payments; TechCrunch

Jack Dorsey’s mobile payments startup Square is in the process of raising a new round of funding at a $200 million valuation. (Read More)

The M-commerce Challenge; strategy+business

 

As smartphones change shopping, retailers face a stark choice: Fall in behind their newly enabled consumers or fall behind altogether. (Read More)

 

Why Your Smartphone Will Replace Your Wallet; Mashable Mobile

The day when near field communication (NFC) will help replace plastic credit cards, coupons and loyalty program cards with a wave of a phone at a payment terminal has been long anticipated. (Read More)

Discover Begins Rollout of Contactless Devices to Consumers; Press Release

Discover® Zip® offers Discover cardmembers increased speed and convenience at point-of-sale (Read More)

Seven Indian Banks Launch P2P Interbank Mobile Payments; How It Works: MEDIANAMA

The National Payment Corporation of India, on November 22nd 2010, launched Interbank Mobile Payment Service (IMPS) in India, with seven Banks enabling transfer of funds using mobile phones. (Read More)

How Mobile Phones Jump-Start Developing Economies; MIT Technology Review

Ubiquitous handsets introduce mobile payments to those who lack bank accounts. (Read More)

ClairMail Sponsors Survey on the Value of Mobile Banking Among Top Bank Executives; Press Release

Leading Analyst Firm Assesses Results from Study with Eight US FIs Using ClairMail's Mobile Banking Platform (Read  More)

 

AmEx Adds Ex-Sprint Executives to Bolster Mobile Unit; Bloomberg

American Express Co., the biggest U.S. credit-card issuer by purchases, hired former executives of Sprint Nextel Corp. to bolster its online and mobile unit and is rebranding Revolution Money, an Internet-based payments network. (Read More)

 

It’s iPhone vs. Android in the battle for longevity; eRetailer

Well ladies and gentleman, it’s official. I’m a Mac-head. Until last week I could be considered a mere Apple owner with my 15-inch MacBook Pro (which I fondly refer to as the Silver Fox.). But a few weeks ago I took a deeper bite into the Apple world with my gleaming pride and joy, an iPhone 4. (Read More)

iPad vs. PlayBook: Tablet Smackdown; eWeek

RIM's BlackBerry PlayBook is aimed at the enterprise, but it could also stomp on iPad's consumer turf. See how the two compare. (Read More)

AT&T, Verizon Square Off on Mobile Pay; TheStreet

The quest to make your phone more like a wallet has long been the ambition of banks, credit card companies and Internet payment shops like eBay's PayPal. (Read More)

The M-Commerce Revolution Is Here; eCommerce Times

E-Commerce Times  US mobile commerce sales hit US$1.20 billion in 2009 and will grow to $2.42 billion this year, according to Coda research consultancy. (Read More)

The Good, Bad and Ugly of Custom-Built Mobile Apps; TECHNEWSWORLD

Having a workforce equipped with mobile technology isn't a luxury only attainable by large enterprises. SMBs can greatly benefit from mobile applications as well. The question is, are the mass-market apps available in mainstream stores like the Android Market or iTunes App Store good enough to swing it, or will you need to cook up your own custom concoction? (Read More)

Mobile commerce growth outpaces anti-fraud tools; COMPUTERWORLD

The number of mobile transactions is expected to grow through 2014 (Read More)

Gartner Says the Use of Mobile Fraud Detection in Mobile Commerce Environments is Imperative: Document Management News

By year-end 2013, location information or profile information from mobile phones will be used to validate 90 percent of mobile transactions, according to Gartner, Inc. Gartner said that the rapid adoption of smartphones is forcing banks, social networks and other e-commerce providers to implement the kinds of fraud detection capabilities that have become mainstream with fixed-line computing. (Read More)

TNS, Inc. to Acquire Cequint, Inc. Press Release

TNS, Inc. (NYSE: TNS) a leading provider of critical data communications services for the telecommunications, payments and financial services industries, has entered into a definitive agreement to acquire Cequint, Inc., a private Seattle-based leader in carrier-grade caller ID products and enhanced services with top US-based mobile operators. (Read More)

Android now 25% of mobile web use as iOS lead erodes; Fierce Mobile Content

Devices running Google's Android mobile operating system now account for 25 percent of mobile web consumption in North America, up 2 percent month over month and an 18.6 percent year-over-year increase, according to new data published by web metrics firm Quantcast. (Read More)

Star Launches Mobile Account Transfers with Obopay; Digital Transactions

Forming a mutual-aid society of sorts, mobile-payments technology provider Obopay Inc. and payment processor First Data Corp.’s Star electronic funds transfer network on Wednesday announced that Obopay’s new Mobile Money for Banks service would incorporate Star’s Expedited Transfer Service. (Read More)

Mobile Banking Grows Slowly

“We Don't Want to Be Left Behind, But We Don't Want to Be on the Bleeding Edge of It Either.” Tracy Kitten (Read More)

More M-Commerce Proof, From China: $4.4 Billion In Mobile Revenue Last Year; StorefrontBacktalk


As retailers plunge ahead with Mobile-Commerce plans, they are continually looking for market evidence that there’s gold in them thar hills. (Read More)

Consumers Union Calls on Regulators to Require Mobile Payment Providers to Abide by Strong Consumer Protections: IT News Online

Recent news stories have highlighted how consumers in the U.S. soon will be able to pay for products and services with a wave of their smart phones. (Read More)

Google, Apple Joust for Mobile Payments via Android, iPhone; eWEEK

Google is reportedly chatting with PayPal on mobile payments for the Android Market. Apple has hired a near field communications expert, possibly prepping the iPhone to be used as a wallet. (Read More)

Should Carriers Cut Out Credit Cards? Light Reading Mobile

Interest in mobile commerce in the US has exploded, especially in the past few weeks, but the space could be growing too large for its own good, according to one alternative payments provider. (Read More)

Advanced Mobile Banking Defined: A Mobile-Centric Financial Institution (Jibun Bank) Case Study: Report Published by Celent

In North America and the EU, mobile banking has made great strides in the past three years. The largest of banks down to the smallest of credit unions now offer it, and mobile banking functionalities that were considered innovative in 2007 have been commoditized. On a seemingly weekly basis, banks and technology vendors alike compete with each other to make announcements about offering the most advanced mobile banking services. (Read More)

PayPal Said to Be in Talks With Google About Android: Bloomberg Businessweek

EBay Inc.’s PayPal business is in talks to add its payment service to Google Inc.’s Android smartphone software, making it easier for users to pay for applications, three people familiar with the matter said. (Read More)

What, precisely, constitutes mobile commerce? Internet Retailer

The question follows Amazon’s announcement that it hit $1 billion in mobile commerce. (Read More)

US telcos team on contactless m-payments venture – Bloomberg: finextra

US wireless firms AT&T, Verizon and T-Mobile have teamed up on a contactless mobile payments venture, according to Bloomberg. (Read More)

How m-commerce made Amazon $1bn: Econsultancy

Since their first faltering online steps back in 1995, Amazon have often been at odds with prevailing web trends, and with their latest earnings report showing a fall-off in profits recently, many stockholders are considering selling up and moving on. (Read More)

Report: AT&T, Verizon, Others Prepping Pay-by-Phone System: PCMAG.COM

AT&T and Verizon Wireless are reportedly working with Discover Financial Services and Barclays on a smartphone-based payment system intended to replace credit and debit cards. (Read More)

Award: Future Mobile Award for Mobile Commerce; Juniper Research

Three companies at the forefront of new developments in the Mobile Commerce field have been awarded Gold in the Juniper Research Future Mobile Awards for Mobile Commerce. (Read More)

Amazon Hits $1 Billion In M-Commerce In Last Year; by Mark Walsh, Online Media Daily

Highlighting m-commerce growth, Amazon announced that it has sold more than $1 billion worth of products sold through mobile phones and devices such as the Kindle e-reader in the last 12 months. (Read More)

M-banking may soon move beyond checking a/c status; Joji Thomas Philip & Deepshikha Sikarwar, The Economic Times

The UPA government may allow cellular operators and other corporate entities to offer financial services on mobile phones as it looks to speed up its efforts to ensure that the weaker sections of the society have access to such facilities at affordable costs. (Read More)

SK Telecom-KDDI-SOFTBANK MOBILE Agree to cooperate on Mobile NFC Service; Source: Korea IT Times

Seoul, Korea, 15 July 2010 - SK Telecom (NYSE: SKM) announced today that it signed a Memorandum of Understanding (MOU) on a Korea-Japan mobile payment cooperation with flagship mobile operators of Japan, KDDI Corporation (KDDI) and SOFTBANK MOBILE Corp. (SOFTBANK MOBILE). (Read More)

Visa to Increase Stake in Monitise; Source: Yahoo Finance

(NYSE: V - News) has announced that it will increase its stake in London-based Monitise plc to 14.4% by investing £6.6 million. (Read More)

WAUSAU Financial Systems, Mitek Systems Announce Agreement To Use Mobile Deposit® For Mobile Remote Deposit Capture; Source: WAUSAU Financial Systems

Technology Allows Financial Institutions’ Customers to Deposit Personal or Business Checks via Smartphones. (Read More)

PayPal expects $500M in mobile payments volume by year-end; By Dan Butcher, Mobile Commerce Daily

PayPal, an eBay company, has rolled out a mobile version of its Express Checkout service that lets merchants offer the same PayPal experience for their on-the-go customers. (Read More)

61 percent of Fortune 500 will offer mobile commerce capabilities: study; By Dan Butcher, Mobile Commerce Daily

Sixty-one percent of Fortune 500 companies plan to incorporate sales and commerce capabilities into their mobile offerings, according to a Kony Solutions Inc. study. (Read More)

Mitek Sets the Standard for Mobile Check Deposits; Source: Mitek Systems

Growing Number of Integrators, Banks Sign On To Deploy Mobile Deposit(R) App; Company Publishes White Paper to Help Banks With Technical Considerations (Read More)

US lags in mobile commerce despite strong consumer demand: Sybase; By Dan Butcher, Mobile Commerce Daily

The United States is lagging behind the rest of the world when it comes to mobile usage, including mobile commerce, according to a study by mobile messaging and mobile commerce services provider Sybase 365. (Read More)

Asians make the most payments with mobile phones: research; Source: AFP

WASHINGTON undefined The number of people using mobile phones to make payments is expected to rise 50 percent this year to nearly 109 million with Asians leading the pack, technology research firm Gartner said Monday. (Read More)

Square’s mobile credit card reader hits speed bump; Source: MobileBeat

Square attracted plenty of attention for its mobile payment technology when it launched last month, but it looks like the company has been running into some difficulty getting its credit card reader out into the world. (Read More)

French retailers begin the move to NFC loyalty programmes; By Sarah Clark, Near Field Communications World

Three retailers in Nice are using Fidbook, an NFC loyalty application that works with a simple reader costing under €100 and avoids the need to upgrade to a contactless payments terminal. (Read More)

June 14, 2010

Boston and Atlanta Feds co-host mobile payments industry roundtable meeting; Source: Federal reserve Bank of Atlanta

It is an established fact that the United States lags Asian and African countries in embracing mobile payments technology. The question is why. To examine the reasons for the lag, the Atlanta Fed's Retail Payments Risk Forum and the Boston Fed's Consumer Payments Research Center convened a meeting on January 27 and 28 of key industry stakeholders involved in the emerging mobile payments industry. (Read More)

June 10, 2010

Banking on mobile phones; Out of thin air; Source: The Economist

The behind-the-scenes logistics of Kenya’s mobile-money miracle. (Read More)

June 10, 2010 Press Release

In-App Payments for Android are here! By Rain Rannu, fortumoblog

We’ve been working hard on this and now it’s ready: our in-app payments for Android. (Read More)

June 10, 2010 Press Release

New mobile banking research report; By Javelin Strategy & Research

2010 Mobile Banking Behaviors: Fewer Handsets in the U.S., yet Smartphone Growth Exceeds Expectations. (Read More)

June 10, 2010

How Mobile Commerce and Communication Will Change the Fashion Business; By Imran Amed, The Business of Fashion

Now that most luxury brands have come to accept that the internet is a powerful tool for commerce and that social media provides an opportunity for a new kind of brand engagement, along comes another technological wave that will feed the ongoing digital revolution in fashion undefined and take it mobile. (Read More)

June 8, 2010

Mobile Internet exploding, online ads about to take off, says analyst Mary Meeker, The Washington Post

Internet research analyst Mary Meeker delivered a full plate of mobile and online advertising optimism Monday in the form of her 48-page Internet Trends slide presentation. (Read More)

June 8, 2010

Mobile Payments: A Guide to the Growing Market in Your Pocket; By Liz Gannes, GIGAOM

Cell phones represent the killer combination of their owner’s identity, presence and wallet undefined and they are nearly ubiquitous, with an estimated five billion global active subscriptions predicted before the end of 2010. As such, using phones to pay for things provides a huge growth opportunity in the mobile market. Generator Research recently predicted that the worldwide market for mobile payments would grow to $633.4 billion by 2014, up from $68.7 billion in 2009. (Read More)

June 7, 2010

Stream media has made its debut in the mobile payments arena with the release of MoVend.

According to Chua Zi Tong, founder and CEO of Stream Media, the company “wanted to create something that will make payment much easier for the users. This would mean an in-app payment system that will enable users to make transactions and payments without exiting the app. Hence, the user experience would be a seamless one.”

June 7, 2010 Press Release

Ceridian Stored Value Solutions Unveils New Mobile Capabilities For Gift Card Providers; Source: Ceridian

Integrated mobile capabilities allow clients to market and increase sales through growing medium. (Read More)

June 2, 2010

China Moves Toward Mobile Payment Standard By Mike Clendenin; InformationWeek

The nation's largest wireless carrier is pressured by regulators to drop its proprietary technology and adopt the global standard. (Read More)

May 26, 2010

Square's proposition for small businesses: Analytics; By Meghan Keane, Econsultancy

Twitter founder Jack Dorsey is getting a lot of attention for his latest venture. Square, his mobile payments platform is already the darling of the startup world. The company was valued at $40 million before it even launched. (Read More)

 

May 24, 2010

UnionPay & China Telecom To Promote 3G Mobile Payment; Source: Capital Vue

China Telecom recently signed a cooperation agreement with China UnionPay to cooperate in bank card payment in the telecoms and e-commerce sectors, according to information obtained from the website of China UnionPay. (Read More)

May 19, 2010

Are mobile payments reaching a tipping point in the US? By Dan Butcher, Mobile Commerce Daily

The growth of mobile payments in the United States has stalled largely because the market’s diverse stakeholders have been unable to build compatible business models. But is the tipping point at hand? (Read More)

May 19, 2010 Press Release

PayPal’s Mobile Payments Library Now Available for Android at Google I/O #io2010; Source: PayPal

Hi all – it’s Osama Bedier here, PayPal’s VP of platform, mobile and new ventures, with good news for our Android developers. (Read More)

May 17, 2010

ANZ drops m-banking due to low user take-up: Retail Banker International

Australia and New Zealand Banking Group (ANZ) is to drop its mobile banking service because of low take-up, insisting customers can use SMS text messaging and online banking channels instead. (Read More)

May 14, 2010

A week is a long time in mobile payments; By Alex Kwiatkowski; Source: ovum

And they say a week is a long time in politics. On current evidence, the same is true where mobile payments are concerned. The last seven days have seen a raft of announcements regarding new products, technology trials, strategic investments in start-ups, and hopelessly optimistic market-growth forecasts. Oh, and a sneak-peek on a casing that can turn Apple's iPhone into a contactless-payment device. But amid all this noise, is there anything actually worth listening to? And more importantly, how can banks attune themselves to picking out the right notes rather than being overwhelmed by a deafening wall of sound? (Read More)

May 13, 2010

txtNation Launch Mobile Payments in Asia; Source: PRWeb

txtNation today announced that they have launched premium rate, mobile payments across several Asian countries, to expand a massive footprint that already includes SMS in China. (Read More)

May 12, 2010

E-commerce hardly exists in Africa. But that's about to change: the first online shops that accept the widely spread mobile phone-payments are opening up now. By Vanessa Vermeulen, RadioNetherlands Worldwide
 
"Look at this; this 4GB iPod costs 75 euros at the Dutch online Apple Store. And now look at this Kenyan webshop: here, the same iPod costs 108 euros." We're in Nairobi, at the office of Agosta Liko, founder of the new African online payment system Pesapal. It is the fifth example of major price differences between online shopping in Holland and Kenya. (
Read More)

May 12, 2010

Mobile Banking Set to Soar; Source: eMarketer

For consumers, mobile banking is about convenience: the ability to check account balances, pay bills and transfer funds from a device they take with them everywhere. For financial institutions, it is a means to deepen customer relationships, streamline operations and cut costs. (Read More)

May 11, 2010

PINless Debit, Card Acceptance for Consumers from Obopay; Source: Digital Transactions

Online PINless debit transactions could get a boost if a package of four new mobile-payments services from Obopay Inc. proves to be a hit. Dubbed Mobile Money for Banks, Obopay’s new white-label service has another interesting twist besides PINless debit in that it will enable consumers to accept payment cards. (Read More)

May 5, 2010

Pay by mobile phone; By Tan Weizhen, The Straits Times

IF AT first you don't succeed, try and try again. After several failed attempts at promoting mobile phones as a contactless payment medium, industry players believe they have finally hit the jackpot. (Read More)

May 4, 2010 Press Release

Mobile Payments Market to Quadruple by 2014, reaching $630bn in value, although still only accounting for around 5% of ecommerce retail sales; Source: Sourcewire

A new study from Juniper Research has found that the value of mobile payments for digital and physical goods, money transfers and NFC (Near Field Communications) transactions will reach almost $630bn by 2014, up from $170bn this year, representing the gross value of all purchases or the value of money being transferred. (Read More)

May 4, 2010

Eye on Mobile: An Apple-ViVOtech Rumor; Google Invests in a Gateway; Source: Digital Transactions

In an example of how fast news can spread in the overheated atmosphere of mobile payments, news items and blog postings appeared on Monday and Tuesday suggesting that Apple Inc. is angling to buy Vivotech Inc., a vendor of hardware and software for contactless payments. At the same time, Google Inc.’s new investment arm, Google Ventures, unveiled its first 10 investment targets, among them a mobile-payments gateway startup called Corduro, triggering speculation about what the startup could mean to Google’s strategy in electronic payments.  (Read More)

May 3, 2010

Restaurants downloading more mobile apps; By Mark  Brandau, Restaurant News

Hans Hess, the founder and chief executive of organic hamburger concept Elevation Burger, typifies an emerging movement toward mobile commerce. When he’s on the go, he uses his iPhone to download driving directions rather than relying on maps, and he places takeout orders from one of the eight restaurants on Elevation Burger’s iPhone application. (Read More)

April 29, 2010

RBI says Yes to Nokia mobile money transfer; By M. Ramesh, BusinessLine

Mr Tero Ojanpera remembers the day when he wanted to pay for his purchases at the departmental store using his mobile phone but the woman at the counter told him the store did not accept phones in lieu of money. (Read More)

April 29, 2010

If My Phone Was My Wallet: Reflections from NACHA Payments 2010; By Bob Meara, Celent Banking Blog

It’s hard to imagine a business trip without a Smartphone. This week at NACHA Payments 2010, an embarrassing event caused me to consider the practical risks of overreliance on mobile devices. (Read More)

April 27, 2010 Press Release

Sybase 365 and FirstCaribbean International Bank Bring Industry-Leading Mobile Banking Technology to the Caribbean; Source: Sybase

Bank Introduces First Regional mBanking Service Across 17 Markets, With Sybase mBanking 365 Platform (Read More)

April 26, 2010

Tesco Mobile exceeds two million users; By Ben Robinson, IntoMobile

New is reporting that Tesco Mobile now has over 2m users, after reporting a 14% increase in the last year! For those of you that don’t know Tesco, they are an all-pervasive Supermarket chain in the UK that basically does anything you could want to buy – including Mobiles! (Read More)

April 26, 2010 Press Release

Owners of the Newest Touch-screen Smartphones Drive Mobile Banking Adoption; Source: NACHA

Consumers’ use of their Internet-capable mobile phones to access online banking and pay bills online climbed significantly over the past 12 months, according to new research released and jointly sponsored by FIS, NACHA, and eCom Advisors. This research is being unveiled at NACHA’s PAYMENTS 2010 Conference at the Washington State Convention Center in Seattle. (Read More)

April 23, 2010 Press Release

ClairMail Announces Record Quarter-End Numbers, Continuing Growth and Leadership in Mobile Financial Services; Source: ClaireMail

 270 Percent Growth in Bookings and 400 Percent Increase in Transactions Builds Strong Momentum for Remainder of 2010; (Read More)

April 22, 2010

PayPal Australia sees growth in mobility By Stephen Withers, ITWire

PayPal's Australian business has grown to $A2 billion in five years, but the message from the local managing director is that 'you ain't seen nothin' yet.' (Read More)

April 21, 2010 Press Release

Mobile Payments for Digital & Physical Goods, Players, Markets & Opportunities, 2010-2014; Source: Juniper Research

This global market sizing report focuses on two major sectors within the mobile payments industry: digital goods payments (mobile entertainment such as a music track and SMS/barcode ticketing) and physical goods payments (mobile purchase of almost any consumer product such as a book or DVD using mobile internet or an app). (Read More)

April 20, 2010

Apple patents point to assault on coupons, NFC and mobile marketing value chain by Paul Skeldon, InternetRetailing

Following hot on the heels of Apple rolling out its iAd mobile advertising offering, patent applications filed in the US by the company suggest that it is now looking to offer a range of mobile commerce services covering payments, NFC and marketing. Together these and the iAds show the company is limbering up to ‘own’ the complete value chain from marketing to purchase in the m-commerce channel. (Read More)

April 20, 2010

Will FaceCash, the mobile payment application, kill the credit card? Source: MobileBeat

A Silicon Valley company with a noteworthy founder has created a mobile payment system called FaceCash that it hopes will one day displace credit cards. (Read More)

April 19, 2010

U.S. Mobile Banking Grew 20% in Q1 2010; By David Eads, Mobile Manifesto

Mobile banking adoption in the U.S. is grew by 20% last quarter according to research we have done on large and regional banks in the U.S. USAA is a good published example of this industry growth we think is fueled by the proliferation of smartphones and a growing consumer comfort and familiarity with mobile technology. (Read More)

April 16, 2010

A bridge to mobile payments; By Steve Brunswick, finextra

What’s it going to take to get contactless payments off the ground? Contactless card payments have been proving more of a slow burner than a big bang, and the introduction of mobile phones with embedded NFC capabilities that could be used for contactless payments has also been slow. (Read More)

April 16, 2010

If you thought you went through money quickly before, try the Zoompass Tag; By Gillian Shaw, Vancouver Sun

 Canada's major wireless carriers have announced a new mobile money system that can turn your cellphone into a wireless payment machine. (Read More)

April 15, 2010

iPay, iBuy and iCoupons? Latest patents show Apple has a clear business model for NFC-enabled mobile payments and promotions; By Sarah Clark, NearFieldCommunicationsWorld.com

A series of new patent applications demonstrate that Apple has a clear business model in place for the introduction of a comprehensive mobile payments, mobile commerce and mobile marketing business based around an NFC-enabled iPhone. (Read More)

April 14, 2010 Press Release

Mobile Money Industry Leader Reaches Key Milestone; Mobile Money

Monitise Americas, the leading mobile banking and payments provider, has announced its parent company, Monitise, has achieved over 2 million registered users for its services in the UK and the US, driven by increased uptake of its smartphone apps. (Read more)

April 8, 2010

NRF introduces initiative to retailers diving into mobile commerce; By Rimma Kats, Mobile Commerce Daily

National Retail Federation has introduced its new mobile retail initiative to offer best practices and learning opportunities for retailers diving into mobile commerce. (Read More)

April 8, 2010 Press Release

Alpine Bank Boosts Competitive Edge With Diebold's MobiTransact(TM) Mobile Banking Solution; Source: Diebold

Colorado financial institution offers customers broad array of mobile services without requiring an online banking account (Read More)

April 8, 2010

As 2-D Barcodes Gain Steam for M-Payments, a Novel Twist Emerges; Source: Digital Transactions

The use of two-dimensional bar-code technology for mobile payments appears to be picking up momentum. On the heels of a major expansion of the technology, announced last week by Starbucks Coffee Co. and Target Corp., a startup company this week announced it is launching a so-called private beta for a barcode system that will let consumers make payments online and in stores, as well as person-to-person. The beta is expected to become a commercial service in the third quarter.  (Read More)

April 6, 2010

The Critical Mobile Banking Decision; Monotise Americas White Paper

Download the White Paper to examine how mobility should be regarded as a strategic solution that can offer a solid return on investment.  (Read More)

April 6, 2010 Press Release

Parkmobile USA, Inc. Unveils Its iPhone Mobile Application Today; Source: The Parkmobilizer

With the launch of Parkmobile’s application customers are now able to conduct their parking transactions via mobile application. (Read More)

April 6, 2010

Is China ready to dial ‘M’ for money? By Daniel Bardsley, The National

When China Mobile bought a 20 per cent stake in Shanghai Pudong Development (SPD) Bank, it was making more than just another strategic investment. (Read More)

April 5, 2010

In Bypassing iPhone for iPad, Square Shows Its HandundefinedOr Some of It; Source: Digital Transactions

The mysterious Square Inc. payment service made a name for itself Monday by joining a somewhat exclusive club of companies to offer the first applications for Apple Inc.’s iPad notepad computer within a couple of days of the iPad’s much-hyped April 3 debut. Square also revealed its pricing. (Read More)

April 5, 2010

The Very Mobile Future of Banking; Source: The Financial Brand

Take a look at these videos and interactive demos and you’ll swear the future of banking hinges on the marriage of two ideas: “mobile” + “touchscreens.” (Read More)

April 5, 2010

Paying For Everything With Your Phone; By Kolja Reiss, Forbes.com

The U.S. lags behind Europe in mobile payments. It's not likely to stay that way. (Read More)

April 1, 2010

NFC: Never Mind Credit Cards, Pay With Your Phone; By Richard MacManus, ReadWriteWeb

One of the emerging trends of the Mobile Web is using your phone to interact with the real world. We're not just talking about 'checking in' to locations, either. There's a world of more practical functionality that hasn't yet ramped up in the West - using your phone as a payment device (for example mobile ticketing), getting special offers from retailers, downloading data from the Web via 'smart posters' on the street, and more. (Read More)

April 1, 2010

TNS Enters a Crowded Market for Card Acceptance on Handsets; Source: Digital Transactions

(April 1, 2010) Transaction Network Services Inc. this week announced its entry in what is becoming an increasingly crowded marketundefinedapplications that let smart phones act as credit and debit card acceptance devices. But TNS, which specializes in providing the transaction-transport systems for point-of-sale and ATM networks, says it will set itself apart by helping to bring order to what it sees as a messy business. “We’ve heard that it’s gotten sort of a Wild West feel out there,” Gerry Grealish, vice president of global product marketing, tells Digital Transactions News. (Read More)

April 1, 2010

Mobile banking? Personal banking, By Jan Chipchase, CGAP

Today we welcome a new series of blog posts from Jan Chipchase. Jan has spent a decade exploring the intersection of technology, people and culture for Nokia, and specializes in turning insights into opportunities. Jan sits on the advisory board for the Institute for Money, Technology and Financial Inclusion. (Read More)

March 31, 2010

Starbucks launches largest mobile payment product in U.S.; Source: fanminder

Wow, great day for Mobile Marketing. Starbucks officially launched its prepaid card as a virtual mobile iPhone application in all 1,000 stores and Target locations. (Read More)

March 30, 2010 Press Release

TNS AND BLUE BAMBOO PARTNER TO PROVIDE SMARTPHONE PAYMENT SOLUTIONS FOR SYNAPSE CUSTOMERS; Source: Transaction Network Services

Transaction Network Services (NYSE: TNS) is partnering with Blue Bamboo to enable ISOs, acquirers and processors across North America to offer their customers the ability to accept credit and debit payments through smartphone devices. (Read More)

March 29, 2010

260 Million Indian Mobile Internet Users By 2015? Dream Or Reality? By Rajiv Dingra, WATBlog.com 

Mobile penetration in India is above 500 million and thats not a new story. Its been oft repeated that in India a large mass would access the internet via mobiles but still the serious active mobile internet population was recently pegged at just 2 million! (Read More)

March 29,2010

Buy online – charge to mobile bill in 15 seconds or less; Source: Poulos Ponderings

If you are a CSP fearing OTT (over the top) digital content providers addressing your customer base and cutting you out, are concerned by financial services companies offering payment capabilities that don’t include you or would like to generate incremental revenues leveraging your key skill sets, then read on. (Read More)

March 29,2010

Free Report  2010 American Mobile Consumer Report; Source: Experian Simmons

Mobile phones have become an essential part of everyday life with nine in ten U.S. adults today using at least one mobile device. Experian Simmons provides marketers with the much needed insight into the rapidly evolving behaviors and attitudes of mobile consumers with the release of the Mobile Consumer segmentation solution and three new mobile psychographic scales. These new systems are available now with the release of the Fall 2009 National Consumer Study/National Hispanic Consumer Study. (Read More)

March 26, 2010

Wells Fargo, Western Union: Mobile financial services all about convenience; By Dan Butcher, Mobile Commerce Daily

LAS VEGAS – A panel at CTIA discussed trends in mobile banking, payments and other financial services, agreeing that it is all about providing convenience to customers. (Read More)

March 25, 2010

MasterCard, PayPal reveal conflicting views of mobile financial services; Dan Butcher, Mobile-Financial.com

At the CTIA conference this week, leading financial services companies participated in a panel session about mobile financial services - "“Mobile Money 101: The overview course on what’s now and what’s next” . The panel was moderated by Tom Wills, senior analyst at Javelin Strategy & Research. The panelists included representatives from MasterCard, PayPal, First Data, and ClairMail. The panel was a lively one with different perspectives shared about the future of mobile financial services based on what role each panelists plays in the industry’s ecosystem. For instance, "MasterCard is investing heavily in mobile because the company believes the channel is a game-changer for financial services." (Read More)

 

March 25, 2010

US, UK Consumers Prefer Mobile Banking To Branch Banking; Source: Banking Business Review

Mobile banking is increasingly gaining foothold in the US and UK markets surpassing both branch and telephone banking in terms of popularity, according to a consumer research released by mobile transaction network mBlox. The US/UK research was carried out by global research company OnePoll between March 15-18, 2010. (Read More)

 

March 24, 2010

 

Healthy Banks Gear Up to Buy Weaker Rivals; By ROLFE WINKLER and ROBERT CYRAN, The New York Times

 

As the list of America’s problem banks balloons, healthy institutions are gearing up to capitalize on the misfortune of others. Just look at First Interstate BancSystem, the first bank to begin an initial public offering since before the financial crisis. It may use the proceeds to pick off failed rivals. (Read More)

 

March 23, 2010

iPad will revolutionise mobile commerce, says expert; Source: velti.com

The world of mobile commerce will be revolutionised by the impending launch of the iPad, an industry expert has claimed. (Read More)

March 22, 2010 Press Release

Verizon Wireless Plans eCommerce Mobile Payment Service; Source: Verizon Wireless

Coming This Spring, Customers Can Choose to Bill Online Digital Purchases to their Wireless Accounts Using BilltoMobile (TM) from Danal. (Read More)

March 22, 2010 Press Release

Mobile Money from Fiserv Selected by SunTrust; Source: Fiserv

SunTrust Banks, Inc. (NYSE:STI) has selected Mobile Money™ from Fiserv to provide their clients with broader access to mobile financial services. (Read More)

March 22, 2010

The do-it-all phone is just over the horizon; By Mark Prigg, London Evening Standard

FreedomPlus.comIt could be bad news for the wallet and purse. Mobile phone makers are preparing to start selling phones that can act as your credit card and Oyster card, and even open your front door. (Read More)

March 19,2010

Mobile payments offer big benefits to Canadian business, consumers: By Nestor E. Arellano, itbusiness.ca

Purchasing items, paying bills, or remitting funds using your mobile phone isn't a common practice in Canada, as it is in other parts of the world. But if mobile payments do become pervasive here, the payoff - for business and consumers - can be huge. Our Voices panel talks about this and much more. (Read More)

 

March 18, 2010

Gartner takes a swipe at Citi mobile trial data; Source: finextra.com

Gartner analyst Kristin Moyer has taken issue with recent reports praising Citi's 'Tap and Pay' mobile payments trial in India, arguing that the data released fails to back up claims made by the bank and researchers over the success of the programme. (Read More)

March 17, 2010

How QVC Rings Up Sales with Mobile Commerce: Source: NETWORKWORLD

At QVC, home shopping first meant customers watched TV and dialed an 800 number. The company added a website in 1996 and many consumers migrated online. Now QVC offers the ability to buy items in seconds by sending a text message from any cell phone. (Read More)

March 17, 2010

Europe gears up for SMS- based mobile payments; Source: Wireless Federation

Europeans now seem to be willing to pay for goods from their phones and with the successful trial in Sweden; the continent seems to be ripe enough for SMS-based mobile payments to take off.  20% increase in sales of the seven vending machines in two Stockholm underground stations was reported where the service was trialed by the payment and messaging equipment provider, Ericsson IPX, besides boosting carrier’s ARPU through increased SMS traffic.  (Read More)

March 16, 2010 Press Release

PayPal Launches New Send Money App for iPhone® Source: PayPal

PayPal today unveiled a new Send Money application for iPhone. Version 2.0 of the PayPal Send Money app gives PayPal and iPhone customers around the world secure mobile access to their money and convenient features for everyday life, including Bump money transfers, Split Check and Collect Money.  (Read More)

March 16 2010

Mobile commerce 'used by 90% of handset owners'; Source: velti.com

Mobile commerce services have been used by the vast majority of people surveyed in a recent poll. Some 90 per cent of mobile users in the Americas, Asia, Africa, Western Europe and the Middle East have used their phone to directly purchase products or services, according to a report from BuzzCity. (Read More)

March 16, 2010

First Data: Embrace of SD Cards Won’t Weaken Sticker Commitment; Source: Digital Transactions

First Data Corp., which for the past couple of years has been pushing its Go Tag contactless-sticker technology, announced on Tuesday it will promote a new contactless technology for mobile phones based on Secure Digital memory cards. But the massive Atlanta-based processor says the move will have no impact on its Go Tag initiative, which relies on small, flexible tags embedded with chip-and-antenna inlays that can affix to handsets and link via radio waves to point-of-sale readers to process transactions.  (Read More)

March 16, 2010 Press Release

Business Strategy: The Canadian Mobile Payments Ecosystem; Author: Robert Burbach, IDC Financial Insights

This IDC Financial Insights report examines the attitudes and behaviour of possible participants in the ecosystem to the introduction of mobile payments into the Canadian marketplace. (Read More)

March 15, 2010

Key talking points at the Mobile Financial Services conference; By Shailendra Pandey, telecoms.com

Informa Telecoms & Media held its annual Mobile Financial Services conference on March 9-10 in London. The conference presented a good opportunity to hear views from leading industry experts on the status of the mobile banking and payments industry. (Read More)

March 15, 2010

Orange and Barclaycard to roll out NFC mobile payments by end of 2010, Paul Skeldon, Mobile-Financial.com

Barclaycard and Orange to launch an NFC based mobile payment service in the U.K. later this year. (Read More)

March 11, 2010 Press Release

TIO grows its multi-channel bill payment processing strategy with mobile bill payment apps for smartphones
TIO Networks (TSX V: TNC)(“TIO”),North America’s leading multi-channel expedited bill payment processor, today announced the launch of its own mobile bill payment platform. This new addition to TIO's list of payment channels enables participating billers to empower their customers to manage and pay bills anytime and from anywhere using their mobile smartphone. (
Read More)

March 11, 2010 Press Release

2010 Mobile Marketing and Advertising: Financial Institutions Losing Revenue Opportunities, While Telcos Charge Ahead; Source: Javelin Strategy & Research

Despite coming out of a recessionary year in which advertising and marketing budgets were slashed, mobile marketing remained steady, and in some cases showed gains. Financial institutions, however, lost ground to wireless operators, ISPs and merchants. SMS text remains the means to reach the greatest numbers of consumers, but the rapidly rising percentages of smartphone users and the success of the Apple app store has increased the need for developing a greater mobile web and in-application advertising presence. This report covers the mobile marketing and advertising landscape, including consumer likelihood, preferences and adoption of mobile marketing and location based services, consumer methods of response, and segments to target. (Read More)

March 10, 2010

 

China Mobile Bets $5.8B on E-Commerce; By Maisie Ramsay, WirelessWEEK

 

China Mobile is investing $5.8 billion in a Chinese bank in an effort to get into the mobile finance and e-Commerce markets. In a statement to the Hong Kong stock exchange, the operator said it had bought a 20 percent stake in the Shanghai Pundong Development bank through its subsidiary Guangdong Mobile. (Read More)

 

March 10, 2010

ABI: RFID Market To $5.4 Billion This Year, $8.3 Billion By 2014; By Evan Schuman, StorefrontBacktalk

Although true item-level RFID is still years away, ABI Research is still confident that RFID sales will hit $5.4 billion this year. And it projects that number will reach $8.3 billion by 2014. The tagged segments expected to lead the way include real-time location systems, baggage handling, animal ID and a smidgen of item-level use in high-end fashion and other similar high-priced retail offerings. (Read More)

March 10, 2010 Press Release

Target Launches First-Ever Scannable Mobile Coupon Program; Source: Target

Target is the first national retailer to offer a scannable mobile coupon program that allows guests to receive exclusive offers directly on their mobile phones. Coupons are redeemed by scanning a barcode on the phone at checkout. (Read More)

March 10, 2010

What will it take to make mobile payments mainstream in the US? Source: VentureBeat

This story is part of our Microsoft-sponsored series on cutting-edge innovation. Steven Klebe is senior VP of business development at on-demand billing company Vindicia and writes regularly about mobile payments on his Payment Talk blog. (Read More)

March 9, 2010 Press Release

Contactless arrives for Barclays business customers; Source: Barclays

Barclays has become the first bank in Europe to launch commercial contactless debit cards to its business customers. From March, all Barclays Business customers receiving new or re-issued cards will find that they come with contactless technology as standard. This enables them to pay for low value transactions by holding the card over a reader, without the need to enter a PIN or insert the card into a terminal. (Read More)

March 4, 2010

China Mobile eyes m-payments with bank stake; Source: finextra.com

China Mobile has entered into talks to buy a stake in Shanghai Pudong Development (SPD) Bank as the state-owned giant looks to diversify its business and tap the lucrative m-payments market. (Read More)

March 2, 2010

5 Burning Questions; ViVOtech's Mohammad Khan; Source: PYMNTS.com

In this exclusive NEXTcast interview, ViVOtech's President and Founder, Mohammad Khan answers five burning questions on "what’s next" with mobile payments.(Read More)

March 2, 2010

Sending money by cell phone; By Niles Howard , Bankrate.com

Your daughter calls from college to say she needs $200 for textbooks -- in the next 15 minutes, if you please. You need to reimburse a friend for movie tickets and don't want the hassle of mailing a check. You owe your golfing buddy on a friendly wager, but there's no ATM nearby. (Read More)

March 2,2010

Are Banks From Mars, Mobile Tech Vendors From Venus? By Red Gillen, Celent Banking Blog

Since 2007, there has been exciting growth in the U.S. mobile banking sector.  The number of FIs that have implemented mobile banking during the last 3 years continues to rise, and the number of mobile banking active users is one of the most promising adoption metrics in the banking industry. (Read More)

March 2, 2010,

Ingenico Debuts Innovative Mobile Commerce Applications; Source: MarketWatch

Mobile Merchants to Conduct Business Anytime Anywhere Without Changing Phones or Carriers (Read More)

March 1, 201

E-Commerce Sites Discover Fast Track To Commerce; Source: SPACE DAILY

With 77% of retail chains seeing high value in mobile commerce, many say their top priority in 2010 is giving smartphone shoppers better access to their online stores.  (Read More)

February 25, 2010

Axis Bank launches mobile payment solution; Press Trust of India; Source: Business Standard

Private sector lender Axis Bank today launched mobile payment solution for debit cards--'Axis Call and Pay on atom'. (Read More)

February 24, 2010

Nokia to pilot m-commerce project in India; Akhilesh Shukla, Voice & Data

The handset leader has tied with YES BANK and would pilot the project in Pune, the decision will fillip the m-commerce in India (Read  More)

February 23, 2010

Smartphone Sales Surge as Dumbphone Demand Dips; By Richard Adhikari, E-Commerce Times

Research In Motion, Apple and Android were the smartphone winners in 2009, according to a recent Gartner report. Meanwhile, the Windows Mobile and Symbian smartphone OSes lost ground. Overall mobile phone sales fell year-over-year, but the fourth quarter was strong, and the smartphone category in particular grew about 24 percent for the year. (Read More)

February 23, 2010

Banking Alerts Are Failing To Satisfy Consumers’ Need for Control of Their Finances; Source: Javelin Strategy & Research

Financial alerts currently lack the timeliness, convenience and control required to deliver a win-win between consumers and financial providers, according to Javelin study (Read More)

February 16, 2010

 

Visa to Test a System that Brings Payments to Phones; By Kate Fitzgerald, MobileBanker


American Banker | Feb 16  Visa's plan to add mobile phone payments capabilities to handsets that are available now could provide a shot in the arm for contactless payment. (Read More)

 

February 16, 2010

 

Worldwide m-commerce sales to hit $119 billion by 2015, new research says; Source:  InternetRetailer.com 

 

M-commerce is growing solidy in Europe, too, and is expected to outpace the USundefinedwhich grew by 203% from 2008 to 2009undefinedby the end of 2010, the firm adds. (Read More)

 

February 16, 2010

 

Nokia trials its Nokia Money mobile payment service in India; Ecommerce Journal


By Petrony   MasterCard Launches MoneySend Mobile Service with Obopay · Malaysians to try Visa contactless payments on their Nokia devices · Obopay allows parents to add money to their children's MasterCard (Read  More)

 

February 12,2010

Mobile Remote Deposit Capture Will Eliminate Over 1.5 Billion Check Deposit Transactions From U.S. Bank Branches By 2014; Mercatus Study Indicates Strong Consumer Interest in Mobile Remote Deposit Capture, Creating Platform for 'Thin Branch' Expansion Strategies Source: Mercatus LLC

Strong consumer interest in Mobile Remote Deposit Capture (Mobile RDC) will dramatically alter the current deposit-taking activities of retail banks and provide a viable roadmap to banks pursuing 'thin branch' strategies, according to a study released today by Mercatus LLC, a strategic consulting and investing firm focused on retail financial services. (Read More)

February 12, 2010

HomeATM Builds on Square's Buzz With CircleSwipe; By Will Hernandez, American Banker  

HomeATM ePayment Solutions is shifting its focus to portable card readers that can be used with mobile phones.

The Montreal company has been promoting its SafeTPIN card-swipe and PIN-pad device that consumers can plug into home computers, and has modified that to create 12 prototypes it is showing to merchant acquirers, according to Kenneth Mages, HomeATM's chairman and chief executive. (Read More)

February 11, 2010

The New Market Player VoiceCash Makes Mobile Banking a Reality; Analysis: Mobile Banking - Made in Munich; George Wyrwoll, PR Union

Juniper Research estimates that there will be a total of 612 million mobile banking users globally generating more than $587bn (£299bn) worth of financial transactions by 2011. A Munich company gets ready to become one of the key players. (Read More)

February 11, 2010

China Mobile begins commercial rollout of mobile contactless payments system, By Sarah Clark, NearFieldCommunicationsWorld.com 

RF SIMs are now widely available for subscribers to purchase from China Mobile stores and the first major retailer has signed up to accept the new mobile contactless payments technology. (Read More)

February 11, 2010

More secure mobile phones unveiled; By Angus Montgomery, Design Week

Three prototypes have been developed as part of an initiative from the Home Office, the Design Council and the Technology Strategy Board to develop new ways to secure mobile phones against thieves and fraudsters. (Read More)

February 11, 2010

 

Rigid Regulations Retard Mobile Wallet Era; By Kim Tong-hyung

 

Intelligent smartphones may end up rendered retarded by Korea's crusty Internet regime. Once a hard sell here, smartphones are now flying off shelves, thanks to the emergence of intriguing devices such as the Apple iPhone and Samsung Electronics' Omnia II. (Read More)

 

February 11, 2010

PayPal to Introduce Easy Way for Developers to Accept Payments in their iPhone Apps; Source: The PayPal Blog  

Hi all – Osama Bedier here with some exciting news that we first told you about at PayPal X Innovate 2009. Today we’re announcing a limited beta version of our Mobile Payments library – an important element of the PayPal X global payments platform. Basically, the Mobile Payments Library is a quick and easy way to add checkout functionality for physical goods and services sold through the iPhone (other platforms are coming soon).  And the best part is, developers don’t have to worry about collecting and storing debit or credit card information. PayPal takes care of that for you. We think this will open up a whole new way to monetize iPhone applications and build profitable mobile commerce businesses with PayPal. (Read More)

February 11, 2010 Press Release

CellTrust Unveils SecureSMS Mobile Banking and Payment Pilot in Africa to Secure Branchless Banking for the Under and Un-banked; CellTrust Pilot Addresses the Central Banks’ Call for More Security; Source: CellTrust

CellTrust Corporation (
www.celltrust.com), the leading supplier of secure mobile messaging and applications, has announced the launch of its SecureSMS Mobile Banking and Payment Pilot for the African region. CellTrust recently partnered with Maxim-Pro Ltd. (www.maxim-pro.com), based in Abuja, Nigeria, to secure and mobile enable their successful banking platform with the view to extending secure mobile banking and payment services to under and un-banked populations. (Read More)

February 10, 2010 Press Release

Monitise Americas Brings Mobile Money to Android Phones; Source Monitise Americas

A cutting-edge mobile banking application for Google Android phones is to be launched by Monitise Americas, the leading mobile banking and payments provider. (Read More)

February 10, 2010 Press Release

CONNECTHINGS TO MAKE FIRST PUBLIC DEMO OF WAVE-ME NFC SERVICES PLATFORM AT MOBILE WORLD CONGRESS;

First Result of a Partnership with INSIDE Contactless to Transform How People Interact With and Use Their Mobile Devices; Source: Connecthings

CONNECTHINGS, a pioneer in providing systems that deliver contextualized services and content based on location and time, today announced the first public demonstration of the Wave-Me™ NFC services platform will take place at the upcoming GSM Mobile World Congress being held in Barcelona, Spain February 15-18, 2010. The first result of a partnership with INSIDE Contactless, the Wave-Me NFC services platform is built upon CONNECTHINGS’ AdTag™ server and is designed to give near field communication (NFC) the intelligence it needs to enable a broad range of mobile services beyond payment and transit applications. (Read More)

February 10, 2010 Press Release

 

Nuance Mobile Care Achieves Milestone with Over Eight Million Handsets Shipped in Twelve Months; Nuance is Chosen as the Preferred Self-Service Method in Customer Focus Group; Source: Nuance

Nuance Communications, Inc. (Nasdaq: NUAN) today announced that its Nuance Mobile Care solution has shipped on more than eight million mobile handsets in the past twelve months. Nuance Mobile Care is the market leader in on-device, self-service customer care worldwide. This success builds on Nuance’s existing deployments of speech recognition and T9 predictive text solutions with the world’s leading handset manufacturers. (Read More)

February 10, 2010

 

Leave The Credit Card, Take The Cell Phone; By Gene Marks, Forbes.com

New mobile payment services bring huge benefits to small businesses and their customers. (Read More)

February 9, 2010

 

Visa Europe to invest €200m in mobile payments and contactless cards; By Sarah Clark, Mobile-Financial.com

 

"M-commerce is a strategic priority," says Visa Europe's head of UK and Ireland, "we are working and talking with all the mobile operators and handset manufacturers to develop standards for payment on mobile phones." "Visa spent €800 million over the last five years on R&D, out of which €170 million went into chip and PIN.  "We envisage spending a further €200 million on R&D into low-value contactless payments by card and mobile device." (Read More)

 

February 8, 2010

 

Ready to bank on your smart phone? By Tara Perkins and Iain Marlow, The Globe and Mail

 

Mobile banking has been slow to catch on in Canada, but experts say it won't be long before the service is more popular than online banking (Read More)

 

February 8, 2010

VeriFone Going After Square Hard. Ads In NYC Taxis Already.; By MG Siegler, TechCrunch

When the mobile payment service Square launched in December, VeriFone rushed to get its own version on the market. A couple weeks ago, they accomplished that with the launch of PayWARE Mobile. Now they’re looking to take out their competitor the good old fashioned way: out-spending them. (Read More)

February 5, 2010

Mobile Industry Gears Up For Advertising; By REUTERS; Source: The New York Times

Mobile phone operators in Britain have teamed up with digital market research firm comScore to measure mobile Internet usage in the first exercise of its kind, which they hope will jump start the mobile advertising market. (Read More)

February 5, 2010

Trial of true mobile payment begins in Shanghai; Source: GoMO News

 Mobile payment” is a large category. It covers everything from using SMS to confirm your credit card in a retailer, to simply ordering an item over the mobile internet. But for me, the true meaning of “mobile payments” has always been to actually use your device as a payment method. Combining NFC with mobile devices, you could just wave your mobile over a reader at check-out to pay for your goods. This already works well with cards (like the Oyster card for the London Underground), and the same technology can simply be placed in your phone. Today, China Mobile and a Shanghai-based tech firm, SEIMMA Tech Co., have launched a mobile device payment trial in Shanghai. (Read More)

February 4, 2010

Uganda: Mobile Commerce Attracts More Players; By Faridah Kulabako; Source: allAfrica,com

Kampala undefined As the number, power and flexibility of mobile devices increases and barely three years after national commercial platforms for mobile commerce were launched in the country, more players have continued to show interest to tap into the small but growing market. (Read More)

February 4, 2010

‘Mobile wallets’ getting dialed in; Cell phones used as gift cards, tickets, coupons; By Mike Freeman, The San Diego Union-Tribune

The Web site Fandango is testing a system for sending movie tickets for two theaters in San Diego to cell phones.

Now showing on cell phones undefined movie tickets, gift cards, coupons and airline tickets. (Read More)

January 29, 2010 Press Release

 

Active Blaze Mobile Users access Digital Wallet a staggering 9 times daily; Source: Blaze Mobile

 

Blaze Mobile, a leading application for mobile banking, today announced that active Blaze Mobile Wallet users access their digital wallet an average of nine times each day and over 50% of the active users viewing their account balance and receipts. With consistent continued increase in Blaze Wallet downloads over the past year, the active access rate has continued with strong retention and usage rates. With access to over 8,000 financial institutions, Blaze Mobile offers convenience to customers who maintain multiple bank accounts and need access to review bank balances and view transaction history on the go. (Read More)

 

January 28, 2010

 

VeriFone’s Square Competitor Hits The App Store. Hands On With The Hardware. By MG Siegler, TechCrunch

As we noted back in December, VeriFone wasn’t just going to sit back and let Square , the new startup by Twitter creator Jack Dorsey, dominate the iPhone/iPod touch payment space. Unfortunately, their announcement of PAYware Mobile looked rushed (and Photoshopped), and Dorsey himself didn’t seem too worried. Since then though, VeriFone was nice enough to send us the hardware they are going to use to accept payments on the iPhone undefined it’s very real. (Read More)

 

January 26, 2010

 

Twitter creator Dorsey’s Square counts Mayer, Rose, Dyson among angels; By Kim-Mai Cutler, MobileBeat

 

Square, the mobile payments startup from Twitter creator Jack Dorsey, revealed an impressive roster of angel investors today. (Read More)

 

January 26, 2010

 

ClairMail Expands Optimized Mobile Web Support to Android and BlackBerry Devices

New Support Provides Optimized Mobile Web Experience for Android & BlackBerry Users, Extends ClairMail's Reach to a Broader Audience of Smartphone Users (Read More)

January 25,2010

 

New Payment Apps Help Shoppers Go Mobile. By Greg Holden, auctionBYTES

 

Phones are becoming smarter than ever, and so are consumers. Shoppers with phones or devices like the iPhone and iPod Touch that can conveniently and quickly surf the Web are beginning to conduct everyday commerce online. eBay said its mobile app has been downloaded 7 million times and generated over $600 million in sales on eBay in 2009. (Read More)

 

January 21, 2010

 

Citi(R) Cards Customers Given Anywhere, Anytime Access to Their Accounts Through Citi Mobile(SM) for the iPhone(R)

Source: TradingMarkets.com

 

Millions of Citi(R) credit card customers in the U.S. can now manage their card accounts via the downloadable Citi Mobile(SM) application for the iPhone(R) device. (Read More)

January 21, 2010

 

GoPayforit Brings Mobile Payment Service Payforit Online. New service to replace Premium SMS as online payment method. Source: realwire

 

London, 21st January 2010: A new service from GoPayforit (www.gopayforit.com) has been launched to allow easier access to the Payforit and Web Payforit technologies. Now mobile application developers, blogs, WAP sites and websites can use GoPayforit to charge for content, membership, physical goods, or anything they may wish to sell. (Read More)

January 21, 2010

Blaze customers access their mobile wallets nine times a day. By Sarah Clark, NearFieldCommunicationsWorld.com  

 

Blaze Mobile, the US mobile banking and mobile wallet services provider, has revealed that its active users are now accessing their Blaze Mobile Wallets an average of nine times a day. (Read More)

January  20, 2010

 

Who Wins The Mobile [Payments] Platform Wars? Source: Business Wire

 

The PYMNTS.com Briefing Room on Mobile Platform Wars focuses on the varying and sometimes competing approaches to mobile commerce currently in play, including NFC, barcode, SMS, and the development of applications for mobile platforms such as the iPhone and Google's Android. Leading mobile players such as Fiserv and Mocapay express their views on "what's next" in mobile payments. (Read More)

January 13, 2010

 

Mobile Payments Getting Traction On Social Networks, But Fees Are Sky High. By Michael Arrington, TechCrunch

 

Users are increasingly choosing dead simple SMS mobile payments for micro-transactions on social network applications and gaming sites (it fills the void while they wait for more direct options), but super-high transaction fees are limiting growth. (Read More)

January 13, 2010 Press Release

 

Arcot first to extend MasterCard’s Chip Authentication (CAP) to mobile phones

 

Arcot announced a new EMV authentication solution for cardholders to authenticate “Card Not Present” transactions using their mobile phone. This new solution, ArcotOTP, lowers the cost of providing EMV authentication and increases the convenience for cardholders on the go. ArcotOTP can be used by the hundreds of millions of EMV cardholders and allows them to use their mobile phones to secure e-banking, e-commerce, telephone orders or a whole host of other transactions where the customer is not face-to-face with the bank or merchant. The new ArcotOTP mobile application combined with the Chip Authentication Program (CAP) solution from MasterCard increases security, reduces the risk of fraud and makes it easy for cardholders to shop or bank online no matter where they are in the world. (Read More)

January 10, 2010

From Print to Phone to Web. And a Sale? By STEPHANIE CLIFFORD: The New York Times

Print may be a flat medium, but that has not stopped magazine publishers from trying to add dimension to their pages. For at least a decade, they have been experimenting with bar codes and icons that could take readers to Web sites, trying to add a bit of Internetlike interactivity to their pages. (Read More)

January 7 Press Release

Citibank, First Foreign Bank, to Serve Customers on the Move

 

Bangkok – Citibank Thailand's customers will now need only their mobile phones to check their account information, pay bills and transfer money. (Read More)

December 11, 2009 Press Release

 

Obopay Introduces New iPhone Application

 

Obopay announced that its Obopay Mobile Payments application for the iPhone will be available from the Apple App Store beginning today. The free download will enable iPhone users to send money to friends and family more quickly and easier than ever with Obopay's application.

 

Read More

December 8, 2009

 

VeriFone Brings a Terminal Maker’s Savvy to Mobile Payments

Source: Digital Transactions

 

With a number of processors and software houses having introduced applications over the past year to let merchants process cards on smart phones, many observers wondered how long it would be before the established point-of-sale terminal vendors entered this market. On Tuesday morning, the answer came with VeriFone Holdings Inc.’s announcement that it will start shipping next month an app for the iPhone that pairs with a mag-stripe reader that attaches to the USB connector at the bottom of the device.

 

Read More

December 8, 2009 Press Release

ClairMail Appoints ebpSource as Master International Distributor

 

Novato, Calif. & London, UK undefined December 8, 2009 undefined ClairMail, Inc. the leader in mobile banking and payment solutions, together with ebpSource Limited, the leading experts in the field of international e-billing, e-invoicing and payment, today announced that they have entered into a distribution partnership. Under the terms of the agreement, ebpSource Limited will be the Master International Distributor of the ClairMail mobile banking and payment platform.

 

Read More

December 8, 2009

 

Mobile Payments: the battleground of the future

Source: The Financial Services Club Blog

 

Thomas Bostrøm Jørgensen, CEO of mobile payments and financial solutions firm Luup, presented at the FSClub the other day.

 

Read More

December 7, 2009

 

By Jennifer L. Schenker: BusinessWeek

 

Obopay Turns Mobile Phones into Banks

Source: BusinessWeek

I

n much of the developing world, bank branches are scare. Obopay aims to fix the problem by making increasingly ubiquitous cell phones into virtual bank offices.

Read More

Qualcomm’s Mobile Payment Strategy: Fix the “Costanza Wallet”

While Qualcomm for many is synonymous with wireless, the company acquired Atlanta-based mobile banking startup Firethorn two years ago with an eye to also becoming a major player in the mobile payment space. More importantly, it acquired Firethorn founder Tripp Rackley undefined the man it hopes will make Qualcomm the Western Union of mobile. Colin Gibbs, GIGaom (Read More)

November 24, 2009 Press Release

Scotiabank Partners With M-Com to Bring Mobile Banking To Canadians

- Mobile banking to be available to Scotiabank customers in spring 2010

 TORONTO, Nov. 24 /CNW/ - Scotiabank today announced a new partnership with M-Com, an international mobile banking and payments solution provider, that will bring mobile banking to Scotiabank customers in the spring of 2010.

Read more

November 24, 2009 Press Release

eBay’s Mobile Technology Puts Holiday Deal Hunting at Shopper’s Fingertips; Apps Released in Time for eBay’s “12 Days of Deals” Holiday Promotion. eBay Press Release

Read more

October 28, 2009

Paying for online games and digital goods made easier than ever using your mobile phone number.
Obopay has announced its entrance into the online games market with the immediate availability of its mobile payment solution. Both users and online merchants will experience many advantages by using Obopay's easy, secure and convenient mobile payment service. Users can mobilize their credit or debit card by linking it to their mobile phone number, making it easier and safer than ever to quickly purchase goods online. Online merchants can enjoy better economics and revenue opportunities with Obopay. Source: Obopay;
Enters Social Network Market

October 28, 2009

SAA customers have deposited more than 100,000 checks totaling $61 million with their iPhones since the service became available in August.

Banks are turning to mobile technology for remote deposit and iPhone applications are leading the way.  Source: The Sacramento Bee; Forget the ATM -- some banks allow check deposits via scanner, iPhone

October 2009

Zong launches Zong+ combining carrier billing with credit, debit and prepaid cards

Zong (www.Zong.com), the leading mobile payment service used by online gaming and social networking web sites, today announced that is has launched Zong+, the first online mobile payment platform combining carrier billing with credit, debit and prepaid cards. Now, in addition to making online purchases through their cell phone bill, Zong customers will also be able to link any type of payment card to their Zong account through a one-time entry process and continue to purchase goods by simply entering their mobile number and confirming the security transaction code sent to their phone. Source: Reuters; Zong Announces Zong+: Next Generation Mobile Payment Service

 

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