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Mobile Payments World 180   May 04 2012 NEXT ISSUE   May 18 2012

News
Starbucks apps account for 42 million mobile payments
Starbucks has processed more than 42 million mobile payments since introducing its mobile pay system in the US more than a year ago. That is up from 26 ...
 
Ovum expects smartphone shipments to reach 1.7 billion
Smartphones will outperform the overall market for mobile phones, growing at a compound annual growth rate (CAGR) of 24.9% for the period 2011–17 to reach ...
 
PagSeguro launches NFC pilot in Brazil
PagSeguro has initiated a pilot in Brazil that will enable Nokia customers to carry out transactions using NFC technology. 
 
Mobile banking has potential to boost customer service
Banks are gradually improving their business and offerings to attain higher levels of customer satisfaction, but have yet to fully leverage their mobile ...
 
Isis takes the slow road to mobile payment success
The Isis mobile payment venture's slow rollout is in tune with a long-term strategic plan, says Isis' Ryan Hughes. The venture has entered into agreements ...
 
CHARGE Anywhere NFC payment acceptance on BlackBerry
CHARGE Anywhere will publicly introduce their latest payments software featuring NFC payment technology at the BlackBerry World event this week in Orlando, ...
Mobile Payments
Visa launches V.me
WorldPay will join Visa Europe as a key development partner in the delivery of V.me, a new digital wallet service, in the UK. 
 
Mobile banking critical to SME clients
45% of bankers believe mobile services are critical to meeting the needs of clients of small and medium sized enterprises (SME), according to a recent ...
 
Malware increasingly a security threat to mobile payments
PayPal scientist Markus Jacobsson sees malware migrating to the mobile space as mobile handsets supplant PCs, writes the Atlanta Federal Reserve's Cynthia ...
 
Anti-card fraud unit marks anniversary with £400 million in savings
The Dedicated Cheque and Plastic Crime Unit (DCPCU), a specialist police unit that tackles UK card and cheque fraud crime, estimates to have made £400 ...
 
Operators offering mobile wallet services at risk of losing market share
Operators must rethink their traditional role in the mobile payments value chain in order to remain relevant otherwise they could lose out to competition ...
MPOS
Poor checkout experience leaves retailers haemorrhaging revenue
Retailers could be losing as much as £2.4 billion in revenue from users exiting an online checkout as a result of inefficient purchasing processes, according ...
 
Mobile payments to be worth nearly $1 trillion by 2015
Consumer demand for devices with NFC technology as well as the desire to shop in environments that are "always on, always fast, and always accessible" ...
Contactless NFC
UK sees rise in users willing to wave and pay
According to a YouGov consumer survey, 29% of British mobile phone owners have said they are keen to use their phone more than cash or cards to pay for ...
 
O2 rolls out new digital wallet
O2 has released its new digital wallet in the UK that will allow customers to send and receive money, compare prices and shop using a mobile phone. 
 
Ingenico announces joint venture with Voltage Security
Ingenico has said it plans to expand its partnership with Voltage Security, a data-centric encryption and key management, to enable a new level of security ...
 
Smartphone payments to outpace credit cards by 2020
More than 66% of technology insiders believe that paying with smartphones will overtake cash and credit card payments by 2020, according to a survey from ...
 
European regulator slows NFC joint venture
The European Commission has announced that it has decided to open an in-depth investigation under EU merger regulations into the planned NFC joint venture ...
 
China’s mobile payment market to double in size annually
The Chinese mobile payment market is forecast to virtually double in size every year, for the next four years, despite the relatively low proportion of ...
Vendor Zone
PayNearMe launches first mobile cash payment system
PayNearMe has introduced a new cash payment system that will enable millions of consumers to pay their bills and purchase goods or services on their mobile ...
 
PayDragon mobile payment app avoids lines
The PayDragon mobile startup has a unique approach to mobile payments that concentrates on eliminating lines rather than enhancing the mobile experience. ...
 
Barclaycard releases new PayTag
Barclaycard customers will have the chance to make payments with any mobile phone by simply sticking a Barclaycard PayTag to the back of their handset. ...
 
Dimoco completes expansion into Balkans region
Austria’s Dimoco will now offer mobile payment services to 594 million subscribers after expanding its services to mobile phone users in Albania, Montenegro, ...
 
SecureTrading partners with Delos Solutions
SecureTrading has partnered with Delos Solutions to provide retailers with a secure and efficient method to take mobile payments securely even if there ...
 
Underbanked are key to new mobile wallet
TIO Networks recently released the TIO Wallet, which it says is a mobile wallet designed to appeal to the underbanked. The Federal Reserve says that 91% ...
 
Telecom NZ and Westpac to pilot mobile wallet in Auckland
Telecom New Zealand and Westpac are set to trial an NFC mobile wallet system that will enable participants to pay for Auckland's buses, trains and ferries ...
Mobile Banking
World Bank sees mobile phone services as key to financial inclusion
Mobile phones can play an important role in alleviating global poverty by providing the 2.5 billion of the world’s unbanked population, those earning ...
 
PAY.ON teams up with solutions provider payworks
PAY.ON has entered a partnership with payworks to develop mobile payment solutions. The joint collaboration means existing and new clients of PAY.ON’s ...
 
Group highlights privacy issues in mobile payments
The Center for Democracy and Technology (CDT) says privacy is a major concern for mobile payment systems because they can expose payments data to more ...
 
NFC making mainstream progress
McDonald's and supermarket chain Merkur are piloting a new cloud-based NFC payments service developed by Austrian mobile network operator A1 and Paybox ...
 

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