Category Archives:
mobile payments

clickandbuy Android Market ignores the Unbanked

Rating: Plenty of options with iTunes App Store. though

The concept that potentially huge numbers of customers don’t have access to a bank account, let alone a credit card seems to bypass giant corporations and Google is no exception. In the UK, GoMo News has found it impossible to pay for Android apps without borrowing somebody else’s card. By contrast, the number of opportunities to pay for goods on Apple’s iTunes App Store seem to be constantly increasing. Continue reading

mobile money feature Mobile banking: SMS can provide marketing, security and services for finance

As smartphones have fueled an incredible surge in applications, there has also been a retro-effect on older technologies. More and more institutions are seeing how the humble SMS can be used to provide very modern services. We spoke to Roland Foller, director of product management for mobile messaging at MACH, to find out the ways it’s using messaging to provide service for banks and financial institutes. Continue reading

PhonepayPlus logo PhonepayPlus launches new code for PRS

Rating: Can now regulate every part of the PRS value-chain

The UK regulator for premium rate telephone services (PRS), PhonepayPlus, has finally announced the publication of a new code of practice for the PRS industry. The code will come into force on September 1st 2011. Significantly, for the first time, PhonepayPlus will directly regulate every single part of the PRS value-chain. It claims that this will enable it to better regulate what it calls the “minority of providers” who bring the whole industry into disrepute. UK consumers are frustrated by the fact that constant re-offenders are frequently big names in the business who are fined insignificant amounts. Continue reading

SIM UICC Gemalto universal mobile NFC payments get MasterCard certified

Digital security expert Gemalto has some pretty interesting news today – it’s mobile NFC payment system got the certified by MasterCard. And the new system is installed on UICC cards, meaning it can be used in pretty much every phone and with any operator in the world. Continue reading

Will run on > this? MMN rolls out Sir Stuart Rose to promote Simply Tap

Rating: Big Guns backing this mobile payment system ??

The Mobile Money Network (MMN) has acquired the services of probably the UK’ most famous retailer – Sir Stuart Rose – to promote its mobile payment service – Simply Tap. It’s the usual thing – consumers register their personal details just once. This includes data such as debit or credit card numbers and preferred delivery address. On seeing a product in store; online; or in an advert; the consumer simply types in the product code. The Simply Tap service can be accessed through a mobile app or via SMS. So at least it isn’t initially limited to just the one smartphone like so many other product offerings. Continue reading

mobibucks feature Mobile commerce: VooDoo BBQ signs on with Mobibucks

VooDoo BBQ & Grill is a New Orleans-based restaurant with 13 locations around Louisiana – and it has just signed up with mobile marketing/commerce company Mobibucks to allow customers to pay with just their mobile phone numbers. Continue reading

mobile money feature Nokia and UBI join forces to bank the unbanked in India

Nokia has been a champion of mobile banking for “unbanked” regions for many years now. With major investments in mobile money service provider Obopay, followed by the launch of Nokia Money, the phone maker has been driving banking services to those living in poor, rural areas. Today sees a major leap forward, as Union Bank of India launches a major mobile banking initiative, powered by Nokia. Continue reading

nnexva neXva’s multi OS app store woos developers

Rating: Mobile payment system could prove tasty, too

One of our quests here at GoMo News is to help mobile app developers escape the tyranny and arbitrary behaviour of the big app store operators. So we were intrigued by an approach made to us by the multi OS app store, neXva. The company was pushing its neXliner tool which employs QR codes and looks pretty handy. However, what really sparked our interest is its neXpayer payment tool which is adding new payment mechanisms. Plus the company will soon be launching an in app payment SDK that will facilitate one click payments from within mobile apps and works across most mobile OS. Continue reading

postemobile feature DeviceAnywhere keeps PosteMobile mobile services ticking

Owned by the Italian postal service, PosteMobile is Italy’s largest MVNO. It has just announced a deal with mobile testing company DeviceAnywhere to ensure that it’s services work properly on the full range of handsets on the market. Continue reading

mobile-money-cash-phone Mobile payments: Premium SMS is a force to be reckoned with

Today I interviewed Dmitry Polyanovksy, Co-Founder and CEO of mobile micropayments company SmsCoin. Based in Israel, but run by Russians, the company powers millions of mobile transactions by Premium SMS every month in over 90 countries. We sat down to talk about the potential, and limitations, of this mobile money channel. Continue reading

mobile-money-cash-phone Monitise building mobile banking services for Europe

Mobile money experts Monitise announced an incredible partnership win today. It has signed an exclusive deal with Visa Europe to create mobile finance and payment applications for Visa’s inter-bank processing service. Continue reading

mobile money cash feature Barclaycard and Everything Everywhere to launch mobile payments in 40,000 stores

Everything Everywhere is the largest mobile operator in the UK – it’s a joint venture between Orange and T-Mobile, formed amidst much drama over the last two years (see our series of reports, if you’re interested). It has previously had a few dalliances with mobile payments through deals with Barclaycard, but today it has moved to a whole new level. The two service providers have announced they will be launching a commercial mobile payments system that will be ready to roll in 40,000 stores around the country. Continue reading

Psonar logo A-penny- a-track music listening enabled by Bango

Partners with Psonar for pay-per-play mobile music service

A radical charging model for listening to streamed music has become viable through the alliance between payment specialist, Bango and Psonar the music streaming service. Consumers will be able to listen to a track that they don’t own for just one cent (or one eurocent) per play. This model doesn’t even depend on intrusive advertising to achieve this price level. And it can be extended to other areas of digital content. Continue reading

mobile-money-cash-phone Mobile money hot news round-up: Starbucks, gaming and education

Welcome to what would usually be a collection of the hottest mobile marketing and advertising stories from GoMo News! But it turns out that there’s far more interesting stuff happening in the world of mobile payments, finance and commerce today – so we’re doing a round-up of that instead. Continue reading

mobile money cash feature UN trialling mobile payments to help the poor

Over the last two years, the idea of using your mobile for cash transfer has really been taking hold. Even very basic phones can be used for payments, as the services are built to hook those devices into financial systems. It now seems that the UN is gathering information on how it can use mobile payments to further its public works around the world. Continue reading