Category Archives:
mobile payments

it's early days - Doku Apple’s entry into UK mobile payments could be gamechanger

So market watcher, uSwitch.com, seems to think

“When the world’s biggest company wades into mobile payments, you know it’s going to be a game changer,” says Ernest Doku, a technology expert with uSwitch.com. “The support of some of the UK’s best known retailers, from Marks & Spencer to the Post Office, doesn’t hurt either,” he added. We all know, of course, that the introduction of Apple’s iTunes changed the face of music retailing. Now the Apple brand is being brought to bear on the whole concept of a mobile wallet, which has yet to become mainstream. What has Apple got which the opposition hasn’t? The answer appears to be a higher level of security – particularly with fingerprint recognition. Continue reading

mobile_payments_pic ImpulsePay to launch Payments Page Editor

Web app allows merchants and retailers to maintain branding through the mobile payment experience

Press release

June 8th 2015. ImpulsePay has launched a Payments Page Editor, a new enterprise web app that will empower merchants and retailers using its mobile payments service, BillMobile, to provide a better end user payment experience. The merchant will be able to maintain a consistent brand for their users through the payment process, including adding new offers at short notice, resulting in more transactions and less payment drop out. The introduction of the Payment Pages Editor means that for the first time merchants using the BillMobile Charge to Mobile payment service will be able to design and launch bespoke payment pages from scratch for mobile ready e-commerce stores. Continue reading

mpayments_summitt_logo mPayments Summit London 2015

[ June 9, 2015; 9:00 am to 7:00 pm. ] Organisers: AIME,
Venue: America Square Conference Centre, 1 America Square,
Location: London, UK
Web: www.msummits.com

Register: here

Built on 20 years of experience in the direct operator/carrier billing space, this world-leading event showcases how mobile operator billing in its various guises now represents an ideal payment channel for interactive services, digital content and physical goods across a wide range of vertical sectors. Continue reading

seismic shift  - prins UK is world’s No. 1 in mobile payments says Adyen

Google & Open Handset Alliance closing gap on iOS

The UK is the world Number One in mobile payments, according to Adyen – the global payments tech experts. The company has just published its latest quarterly Mobile Payments Index (MPI), which tracks mobile payment data from web-based transactions across Adyen’s customerbase. In terms of individual markets, the UK stands head and shoulders above the global averages. In Q1 2015, 44.4 per cent of online payments in the UK were made using a mobile device up from 36.9 per cent in Q1 2014 . Additionally, Asian markets have for the first time broken the 20 per cent barrier for online mobile payments. Interestingly Adyen says that still rules the roost, but Google and the Open Handset Alliance are closing the gap. Continue reading

adyen-pay-jan15 Over 27% of global online transactions are now on mobile devices says Adyen

The USA shows strong growth to 26.7%, while the UK leads the way at 44.4%

Press release

April 30th 2015. Adyen, the global payments technology company, has published its quarterly Mobile Payments Index (MPI), which tracks mobile payment data from web-based transactions across Adyen’s customer base. Online payments made using mobile devices continues to rise globally according to the findings, now accounting for 27.2 per cent of the total online payments made in Q1 2015 – up from 25.8 per cent on the traditionally high online spending period of Q4 and up a massive 39 per cent on the corresponding period last year. The average transaction value (ATV) of digital goods purchased via tablets has surpassed the figure for desktops/laptops for the first time since Adyen began publishing the Mobile Payments Index in June 2013. Continue reading

Watch once again expected to impact mobile payments

Industry comment from Powa’s Wagner

Ahead of the Apple Watch’s global launch on Friday April 25th [2015], another industry observer has sent GoMo News his comments on how the Apple Watch will make waves in mobile payment. (See ‘Watch to increase Apple Pay’s popularity‘). E-commerce and mobile expert Dan Wagner, CEO of Powa Technologies, believes that The launch of  the Apple Watch marks the first time consumers will have access to a product that combines two of the fastest growing technologies in recent years: – wearable technology and mobile payments. Another noted analyst, Ming-Chi Kuo, has estimated that pre-order numbers are around 2.3 million units with Apple expected to ship between 15 and 20 million Apple Watches in 2015. Continue reading

skewered approach - Dr KF Lai Banks fail to promote their services via mobile

They’re using TV instead says BuzzCity

According to mobile advertising network, BuzzCity, the Banks are failing to communicate on the very devices they are offering their services on. Only 16 per cent of marketing spend for mobile banking was placed on mobile advertising, a decrease of 10 per cent from 2013 and less is spent on radio and newspaper – 9 per cent respectively. By contrast, TV cited as the most used medium for promotions with 42 per cent. Those figures are taken from to BuzzCity’s latest report which is available for free downloading from here. It also reveals a 60 per cent increase in people using their mobile devices to bank online. Continue reading

Buzzcity-banking Mobile banking booms but customers still unaware of its possibilities

Banks evolving their mobile strategies, but communications with customers are outmoded says BuzzCity

Press release

April 15th 2015. Ongoing global research from BuzzCity reveals that mobile banking continues to increase, but a skewed approach to communications means banking customers are confused as to the range of features and services available to them. And although nearly all banks now offer mobile banking services, marketing efforts to communicate to their customers remain traditional, with TV cited as the most used medium for promotions (42 per cent). Continue reading

apple will have its work cut out - zoller Watch to increase Apple Pay’s popularity

Industry reaction to Apple’s wearable technology release

Much as GoMo News had anticipated, Apple’s announcement of its Watch range of wearable devices has focused on how it should help increase the popularity of its Apple Pay mobile payment service – even though at presence the system is currently restricted to the USA only. As Apple itself said – the Apple Watch can be used to pay for coffee via Apple Pay. Jon Worley, CEO for marketing with Proxama urges that retailers and brands should take note of the opportunities that Apple Watch will offer them.” If anyone can create a buzz around a new product then it is Apple but when it comes to smart watches it will have its work cut out,” Eden Zoller, principal analyst for consumer services and payments at Ovum, warns. Continue reading

Adyen Mobile Payments Index reveals 26% of global online transactions now over mobile

Latest figures from Adyen

Press release

January 28th 2015. Adyen, the global payments technology company, has published its quarterly Mobile Payments Index, which tracks mobile payment data from web-based transactions across Adyen’s customer base. As the world shifts to mobile, the latest Index reveals a surge in mobile payment share of online transactions, marking the first time mobile payments have accounted for more than a quarter of global online payments since Adyen started publishing the Mobile Payments Index in June 2013. Continue reading

UK banks set for NFC cave-in thanks to Apple

Talking big bucks puts NFC on map

How ironic that a company which held out against the industry-wide enthusiasm for NFC – Apple, has now sown the seeds for British banks to finally cave in. These are the same banks which refused GoMo News a contactless card because of insufficient funds going through the account. But if you own an iPhone 6, apparently, the banks are now going to be fighting for your custom. Apple’s influence can be seen from the terminology now being used. Today it is ‘wave and pay’ whereas for years, the correct expression was contactless payments. Continue reading

gauging consumer perceptions - pirc Lab42 Survey reveals perceptions of Apple Pay & mobile payments

45% of non-iPhone owners would switch to an Apple iPhone for access to Apple Pay

Press release

October 20th 2014. According to a study of 500 smartphone owners released today by market research firm Lab42, 45 per cent of consumers with non-iOS devices (Android, Blackberry or Windows smartphones) would be willing to switch to an iOS device in order to have access to Apple Pay. Respondents cited the top four benefits of Apple Pay as: – 1) security, 2) not worrying about losing credit or debit cards, 3) not having to carry physical cards in wallet, and 4) simple setup. Fifty-four per cent of all respondents would consider using Apple Pay, while the remaining 46 per cent were split evenly between those who would not consider using it (23 per cent) and those who are still unsure (23 per cent). Continue reading

Biggest winner from the latest Apple hype is NFC

And consequently the NFC Bootcamp in New York, New York winds too

Here at GoMo Towers we’re not quite sure why Apple held out against NFC [Near Field Communication] for so long but its decision to include the technology inside the iPhone 6 will have plenty of beneficiaries. We looked around for the most obvious winner from Apple Pay and decided it must be the guys behind the NFC Bootcamp to be held in New York, New York [USA]. The NFC Bootcamp covers the latest technology, innovations and trends affecting both businesses and consumers including Apple Pay. And the best bit is that it is only a week away. Continue reading

Watch out for NFC in Apple’s product announcements

Finally to do a U-turn about a technology it didn’t invent

Until today, Cupertino-based Apple has been pretty vocal in its dismissal of NFC [Near Field Communication] as a key technology in the mobile space. GoMo News has always maintained that Apple was instead keen on pumping up its AirDrop (Wi-fi based) technology instead. Comments by Apple’s Phil Schiller have always been taken to mean that the company has on intention of incorporating it. But the rumour mill insists NFC will be inside the iPhone 6 and maybe even an iWatch. According to Ovum, Apple might complete a full U-turn and make the NFC sector its own! Continue reading

continuing to bring innovation - markin Top Connect is continuing its drive to build customerbase in USA

Show time in Las Vegas from brains behind TravelSim

The leader player in the mobile roaming niche market, Top Connect is continuing its drive to build its customerbase in USA. The brains the TravelSim product is planning to showcase its offering by targeting US mobile virtual network operators [MVNOs] as potential US distributors. Hence the company has announced that it will exhibiting its world leading ‘call back’ product at The PrePaid Press Expo show. This event is being held in Las Vegas, USA on 18th-20th August [2014]. Continue reading