| Mobile Payments World
174 January 12 2012 |
NEXT ISSUE January 27 2012 |
News
Consumers trust mobile payments over credit cards
Online retailers may be able to boost sales by offering customers an alternative to using credit cards, according a Javelin survey.
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Google Wallet in trouble with present strategy?
2012 does not bode well for the Google Wallet, especially if Google sticks with its current strategy for its NFC-enabled mobile wallet.
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Visa certifies Smartphones for use as mobile payment devices
Visa Inc. and Visa Europe have announced that NFC-enabled smartphones from Samsung Electronics, LG Electronics, Research In Motion (RIM) have been certified ...
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Mobile Banking
The year ‘Siri’ becomes your bank manager
The majority of Brits will use voice commands to check their bank balance and perform other basic banking tasks on their mobile phone by 2014, according ...
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Young adults trust banks most for mobile payments
Young adults are more trustful of banks than alternative payment providers in terms of mobile payment services, according to a Market Strategies International ...
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San Francisco adopts NFC parking
PayByPhone has announced one of the largest deployments of NFC payment solutions in the world. The San Francisco Municipal Transportation Agency (SFMTA), ...
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PayPal partners to trial POS tech
PayPal has taken another step in its journey to the high street, beginning a pilot of its new POS technology with US retail giant Home Depot.
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MPOS
Brighton Collectables rolls out VeriFone mobile POS
US retailer Brighton Collectables has rolled out VeriFone's GlobalBay Mobile POS technology in its stores, using iPod Touches as credit card readers. ...
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Mobile payments investment to grow in 2012
Financial institutions plan to focus on boosting their transactional services next year, according to a Forester Research survey, which evaluated the ...
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Absa launches microSD mobile-payment trial
South Africa’s Absa bank is launching what it calls the country’s first NFC trial, but is using contactless microSD cards, not full NFC phones for the ...
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PayPal to use ad network to promote POS payments
PayPal is planning to leverage its 2011 acquisition of the location-based ad network WHERE to encourage consumers to use its soon-to-be launched in-store ...
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Elavon introduces MobileMerchant
Elavon has introduced Elavon MobileMerchant, an affordable and secure payment solution that effectively transforms mobile devices into terminals, allowing ...
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Isis partners eye mobile payments overseas
The Isis venture backed by AT&T Mobility, T-Mobile, and Verizon Wireless is planning to offer its mobile-payment technology to consumers in overseas markets. ...
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35 million handsets in 2011 marks breakthrough year
According to a new report by IMS Research, the number of NFC-enabled phones shipped in 2011 totalled 35 million globally. IMS Research forecasts that ...
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Central Bank of Nigeria enlists Ingenico for 'cashless Lagos'
Nigeria's central bank has kicked off its 'cashless Lagos' project, introducing limits on how much paper money people can withdraw and deposit in a bid ...
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Analysis
2012: the year of the mobile payment revolution?
The past year has been an eventful one for the world of payments, with the ever-growing success of pioneering payment methods such as Square’s mobile ...
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Consumer reluctance slows global contactless payment market
Polasik Research's Global Contactless Payment Cards Market recent report describes the evolution and operation of contactless payment methods used at ...
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Consumers see contactless as a stepping stone to mobile payments
Visa Europe has launched its second quarterly Contactless Barometer study. The Barometer canvassed perceptions of contactless technologies across the ...
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Turkcell signs Akbank to mobile wallet platform
Akbank has become the third major Turkish bank to join the Cep-T Cüzdan mobile payment service offered by the country's largest telecomms operator Turkcell. ...
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Opinions
Payment predictions for 2012
Several companies have made predictions about what will happen in the payments industry in 2012.
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Innovation continues to drive commerce
MasterCard says it supports the European Commission’s (EC) goal to expand electronic payments to help European businesses grow and consumers to shop easily ...
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Japanese carriers form NFC consortium
NTT Docomo, KDDI and Softbank Mobile have set up the Japan Mobile NFC Consortium with the aim of working together to coordinate the switch from Japan's ...
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EMVCo delivers update on mobile payments
EMVCo, the EMV standards body collectively owned by American Express, JCB, MasterCard and Visa, has published a white paper providing an update on its ...
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Vendor Zone
Intuit takes GoPayment to Canada
Intuit is preparing to launch its GoPayment mobile credit card processing app and hardware in Canada. Meanwhile, rival Square has inked deals to sell ...
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Fiserv files suit against FIS
Fiserv payment subsidiaries CheckFree and CashEdge have filed a patent infringement lawsuit against rival FIS and its Metavante unit.
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Mobile Payments
E-commerce in 2012
2011 was one of the most successful years to date for e-commerce; the IMRG predicted €81 billion of e-commerce sales in the UK alone in 2011. Channels, ...
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GlobalPlatform and SIMalliance ink MoU
A Memorandum of Understanding (MoU) has been signed between GlobalPlatform and SIMalliance, which will see the two industry bodies align their work initiatives ...
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Comviva powers Banglalink’s Mobile Insurance Service
Comviva says that Banglalink, the second largest cellular service provider in Bangladesh, with 24 million customers and 28% market share has launched ...
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Contactless NFC
Major NFC roll-out...next year!
2012 was going to be the year that the new era of NFC-based mobile commerce had finally arrived - with Google Wallet rolling out widely, mobile operators ...
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Mobile coupon redemption rates to reach 8%
A new report from Juniper Research has found that the global redemption rate of mobile coupons will average at over 8% by 2016; an eightfold increase ...
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