Tag Archives: mobile money

Visa and Samsung in mobile money pact

Two biggest names in their fields come together

Visa and Samsung have joined forces in a bid to accelerate user adoption of mobile money along with the take-up of NFC ‘tap-and-pay’ technology. The Visa Samsung global alliance signals the first of its kind between a leading NFC handset manufacturer and payment organisation. Under the deal, Samsung will preload Visa’s pay Wave app on to its NFC smartphones, making it easier for consumers and financial institutions to link their new handsets to their bank accounts. Continue reading

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GSMA announces initial speakers for NFC & Mobile Money Summit

Rating: Don’t worry, this one is in Milan not Barcelona

As the GSMA quite rightly admits, as a technology NFC (Near Field Communication) has been around for quite some time now. So the GSMA has created a seperate show for NFC – the NFC & Mobile Money Summit. GoMobile News remembers writing about NFC when the MWC was still held in Cannes, not Barcelona. Anyway, all the signs are that NFC is going to follow in Bluetooth’s footsteps and become almost universal cellular handsets. What the GSMA picked up upon is that leading mobile operators, representing over 60 per cent of the global mobile subscribers, have committed NFC technology. That definitely merits a separate event but this time in Milan. Continue reading

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NFC & Mobile Money Summit

[ October 22, 2013 9:00 am to October 25, 2013 6:00 pm. ] NFC & Mobile Money Summit
Theme: Expand the Power of Mobile Money
Organisers: GSMA
Venue: Milano Congressi
Location: Milan, Italy
Web: www.nfcmobilemoneysummit.com Continue reading

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SimplyTap Instant Mobile Checkout

 The Mobile Money Network™ (MMN) can today announce that its instant mobile checkout, Simply Tap™, is live. Carphone Warehouse, with Best Buy Europe, is one of the first major retailers to integrate Simply Tap™ into its customer experience with shoppers able to buy directly from Carphone Warehouse advertising, direct marketing, website and buyer’s guide.
Carphone Warehouse [...]

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Enter Google Wallet

For the first time in a very long time, I am impassioned by Google. Not only that I am beating myself up that I am not a Sprint 4G S subscriber.

The Google Wallet is behind my new flame.
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Monitise gets a patent for mobile payments – but is it a good thing?

Monitise plc (LSE: MONI), the technology company delivering mobile banking, payments and commerce networks worldwide, announces it has been granted a patent for a new way to enable consumers to shop securely via their mobile or the internet.
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Cashless festivals become a reality with PayPass and MasterCard

With the festival season in full swing both organisers and festival goers are suffering the usual headache of managing cash with the average queue at the ATM reported as over an hour. However Intelligent Venue Solutions (IVS), who have over 30 years experience in large live event management have proven that it could very soon be a thing of the past.
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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

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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

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UK operators team up for mobile money

In a truly fantastic move, the largest operators in the UK have teamed up to bring a mobile wallet service to as many consumers as possible. Except for Three UK, that is. For some reason Everything Everywhere, Vodafone and O2 have gotten together and left Three out in the cold. Continue reading

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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

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Visa buys Fundamo in major mobile money acquisition

Some really good news crossed my in-box today – global payments corporation Visa has acquired mobile money experts Fundamo. “Who are these Fundamo guys?” you might ask. Amongst other things, Fundamo is the creator of the incredible Mobile Money service in Africa – one of the most successful implementation of using mobile to bring banking to the unbanked that the world has seen. Continue reading

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Monitise makes smart mobile banking moves in India

Monitise is a company that lives up to its name. It’s an enabler of mobile money services – whether you’re a bank, mobile operator or other financial services provider, Monitise can allow you to offer advanced mobile banking, payment and money products. And now it has announced a major app launch in the virile Indian market. Continue reading

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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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