Category Archives: mobile payments
Quiz TV show runs on iOS, Android and Facebook
Rating: Sophisticated collection and payments tech behind it
Claiming to be the first ever 24 hour Quiz TV channel which runs on mobile (iOS and Android) and a social network (Facebook), CashPlayTV has just launched. The channel gives players the chance to win instant cash prizes. It’s also sophisticated because it enables players to gamble by paying through PRS (Premium Rate SMS) or via a premium rate call (and costs about £1.50 a throw). Perhaps the most interesting aspect is that app developers can embed the game in unique revenue sharing model. CashPlayTV is being supported with the launch of a £100,000 digital marketing campaign to promote the channel across multiple platforms. Continue reading
Verizon hooks up with American Express on wireless payments
Rating: Existing alliance with Payfone to oil the wheels
US mobile operator, Verizon Wireless has announced that it will integrate American Express’ Serve, as a payment mechanism inside future Verizon mobile phones and tablets. One of the attractions for Verizon is that the millions of merchants across the USA who accept American Express will also accept Serve. The idea is that payments for the likes of games credits; MP3 downloads and ringtones can be made from the phone. Verizon is building on its existing relationship with Payfone to provide the back-end authentification. See our previous story here. In essence, the system uses the mobile phone telephone number to authenticate payments. Continue reading
appMobi offers cloudKey mobile payments
Rating: Nothing in the cloud for crooks to steal
As Amazon and Apple have shown (No: 1 and No: 4 online retailers, respectively), a single touch payment system is what consumers like. Now appMobi has improved its own 1Touch system for mobile payments through the integration of its new cloudKey authentication technology. The company claims cloudkey is the most secure way of authenticating payments because consumers’ private data is stored only on their device, never in an online database. With 1Touch developers can offer their users the ability to purchase app content; subscriptions; and merchandise from your mobile app or web site. This mobile wallet technology integrates with most payments backends – including direct operator billing; PayPal; Authorize.Net; and Amazon Payments. Continue reading
Quick Fire Interview with Rodger Desai co-founder and CEO of Payfone
I wrote an article about the Payfone and Verizon deal (see link) and got several comments back. So, I decided to interview CEO of Payfone Rodger Desai for some more detailed information. Please read the interview below.
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Going for a Zong – eBay buys mobile payer
Rating: High hopes of addressing four billion phone users
It seems that at least one US based giant, eBay, has recognised the value of having a mobile arm which can process payments for mobile phone users. Consequently, it has announced its intention to buy the mobile-payments company, Zong, for about $240 million. The advantage is that Zong possesses connexions with over 250 different mobile operators in 45 countries worldwide. eBay already has a payments arm, PayPal, and the company is obviously hoping that Zong will help build its position in mobile payments. PayPal virtually disenfranchises the young and the unbanked – two of the most important sectors amongst mobile phone users. The question is – who will be next? Android fans find it incredibly hard to make purchases from the Android Market, so maybe Google should have bought Zong, perhaps? And Bango surely must be an ideal target for anyone wanting to get into the mobile payments business. Continue reading
Visa and Fundamo set their sights on 40 million Indonesians
Some news has come out of the GSMA Mobile Money Summit today, which is that one of the biggest mobile money acquisitions we’ve seen is gearing up for some major moves. Visa, which bought mobile money enabler Fundamo, has declared that it intends to bring financial services to 40 million “unbanked” Indonesians through mobile. Continue reading
Opera signs Bango to handle global payments for Opera App Store
Bango pursues two main functions single-mindedly: mobile payments and mobile analytics. Not only does it want to power mobile transactions, it also wants to analyze every step of every transaction. Today, it has announced that it will be powering the payments system for the entire Opera Mobile App Store – which can be accessed by any phone running the immensely popular Opera mobile browsers. Continue reading
YouGov says 23 percent of people want to use the mobile phone as a mobile wallet
Will the mobile wallet sound the death knell of cash? The latest research by YouGov shows almost one quarter (23%) of people are interested in using their mobile phone instead of cash to pay for purchases. YouGov analysts expect take up of this so-called “wave and pay” technology to be rapid.
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Verizon teams with Payfone for new mobile payment services – but they are not so seamless as implied
Verizon Wireless and Payfone, a leading mobile payment processing service, today announced the companies are working together to bring a new mobile payment system to Verizon Wireless customers. When available, the service will allow Verizon Wireless customers to make online purchases from their smartphones, tablets and PCs using numerous payment methods, including charging purchases to their monthly wireless statements or using traditional payment methods through financial institution partners.
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Ericsson launches mobile money in Europe
Back in February, GoMo News reported on the upcoming arrival of Ericsson’s mobile money service, imaginatively titled Ericsson Money. Having spent over two years in development, the product is now available in seven major European countries. Continue reading
Cardmobili and University of Porto Release mobile loyalty research findings
Joint project with the Porto University’s School of Engineering (FEUP) highlights key findings regarding mobile service delivery
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Geodesic to expand from mobile IM to mobile payments
Geodesic Ltd. is an Indian company with an incredibly broad portfolio in the communications industry. Beginning as a cross-platform messaging service (mobile, web and desktop), it has since deepened its presence considerably through acquiring handset makers, customer-relations managers, content companies and more. Now it has set its sights on the mobile payments market – and claims to be close to acquiring a US-based mobile payments company. Continue reading
Mobile payments: Google’s NFC service to launch at last
Back in November 2010, there was a lot of excitement when Google announced it would be building NFC support in Android 2.3 – and the demo it showed us was a “bump” based payments system. Well, now it seems we’ll finally get a finished product, possibly as early as tomorrow. Continue reading
Can mobile operators be trusted with your credit card details?
In the last few years, mobile operators have been called upon to handle more and more complex types of payments for their subscribers. People want mobile wallets, SMS payments, barcode transfers and more. But there is a serious question to be asked here: can the operators be trusted with your details? Vesta, an electronic payments company based in Portland, Oregon, has just released the results of a substantive survey of 18 mobile network operators in the US and Europe – 16 of which were tier one operators. It has found that over a quarter of these operators were not compliant with the most important standards in the electronic payments industry. Continue reading
Givey, Givey, Givey a mobile fundraiser after midnight?
Here at GoMo News we love fundraising! So we are quite excited about the fact that Givey, a new fundraising tool allowing users to make gift-aided denotations to charity on Twitter or other social media – has launched.
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