Tag Archives: mobile payment
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
In November last year, GoMo news reported on the new mobile transfer system launched in India. Designed to make transferring money via SMS as easy as possible, it was a platform that filled me with real enthusiasm. Six months later, the Interbank Mobile Payment Service (IMPS) has released some results, showing a slow but hopeful performance since launch. We take a look at what the service does, and how it’s been doing. Continue reading
Canadian company Mobio has appeared on GoMo many times now – because it has a tendency to do interesting things with mobile barcodes. Now it has announced a deal with communications and media company Shaw to place marketing and payment barcodes on TV in Canada. Continue reading
comScore is one of the biggest Internet research agencies in the world – it tracks on-line information for some of the Internet’s largest companies. Today, it has released results from its tracking of US credit card use on-line over the past year. And it shows a very healthy increase in the number of people who trust their mobile devices enough to complete credit card transactions on them. Continue reading
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
A new force really has emerged when it comes to disaster relief. A recurring motif over the last year and a half has been the use of mobiles to gather much-needed funds when disaster strikes – and the on-going crisis in Japan has been no different. Today, two stories have emerged about using mobile to gather disaster relief for Japan, in the aftermath of the earthquake. Continue reading
It can be hard to get your mind around just how big Ericsson is. In a world that is almost completely connected through telecommunications, Ericsson owns over one third of all the equipment those communications runs through. And today it has announced the latest service it will be running across it’s unequalled worldwide equipment base: a mobile money service that will allows anyone in the world to send money to anyone else as easily as they would send a text message. Continue reading
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
If there was any doubt that Near Field Communications (NFC) was going to be a massive industry in 2011, let it be dispelled now. This week has seen some of the biggest operators in the world announcing massive support for the technology. Continue reading
Another company has entered into the expanding mobile commerce market in a big way. Massive Japanese telecoms firm KDDI Corporation has announced a $22 million investment in a US financial services provider, Microfinance International Corporation (MFIC) – with the goal of creating an international mobile money platform that any mobile network operator the world around can make use of. Continue reading
Based out of the US and India, Tyfone is a mobile payments technology company with a pretty decent selection of offerings. Today, it has announced a big win in the mobile patents area – it now holds the patent on using microSD cards to power mobile payments. Continue reading
One of the really hot topics this holiday season is mobile payments. There’ve been a multitude of stories about it on GoMo, along with two feature interviews coming up. Google isn’t staying quiet on the topic, and has announced that the soon-to-be-release Android 2.3 OS will have mobile payment built into it. Continue reading
Three highly recognizable brands have announced a joint venture this morning, entirely based around mobile money. Electronics retailer Best Buy and Monitise have joined to form an entity called “Mobile Money Network” – with the personal backing of Carphone Warehouse founder Charles Dunstone.
This weeks report from the Mobile Marketing Association revealed an interesting stat for mobile shoppers – while 59% plan to use their mobiles for shopping, the majority are only interested in research and mapping functions. A mere 4% intend to actually use their mobile to pay for items. CreditCall is hoping to increase that number, and is launching a search for businesses to trial their new mobile application – CardEase would allow BlackBerry devices to accept Chip and PIN payments. Continue reading
Bling Nation today announced that Brookshire Grocery Co., one of the largest regional grocery chains operating in Texas, Louisiana and Arkansas, is bringing “Bling” to their customers in Mt. Pleasant, Texas as an introductory program. Customers will be able to securely and conveniently tap-and-pay for their purchases and earn bank rewards, saving five percent with every transaction up to $100 with their BlingTags at both store locations operating under the banners of Brookshire’s and Super 1 Foods.