Kenya’s mobile banking innovation may prove difficult to export. The African country has led the way with an SMS-based payment service called M-Pesa, which launched in eastern India last month. (more…)...
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Category Archives: Mobile Payments
Just over one third (34%) of smartphone owners will be ‘very likely’ or ‘likely’ to purchase more items from their mobile device thanks to 4G technology and faster internet connections, according to the latest eCustomerServiceIndex (eCSI) survey of 2,000 consumers from eDigitalResearch and IMRG. (more…)...
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A new patent published by the USPTO (via PhoneArena) indicates that Amazon is looking into a way to limit the amount of data exchanged when two parties engage in a mobile payment transaction. The patent describes a way to sub in unique identifiers for information like name and email address that would otherwise be used to verify the identities of buyer and seller. (more…)...
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Visa Europe announced two significant additions to its Visa Personal Payments mobile service: Multi-Currency and Immediate Payments. The new functions will enable consumers to make instant transactions from their mobile phone to any Visa cardholder in Europe, in any European currency. (more…)...
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SCANPAY.IT launches a new method to pay on smartphones and tablets that makes entering credit card information as easy as taking a picture and aims to integrate this solution in over 10,000 mobile applications worldwide and make it a standard approved by a large majority of users. (more…)...
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As it moves closer to bringing its much-anticipated versatile, secure and widely accepted mobile commerce solution to the marketplace, Merchant Customer Exchange (MCX) has announced the selection of Gemalto to build its mobile wallet. (more…)...
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Allied Payment Network, a provider of online bill payment services to the financial industry, announced that $2 billion-asset, City Bank Texas has launched Allied’s Picture Pay mobile bill payment solution. (more…)...
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This morning, payments startup Ribbon announced support for “in-stream” payments on Twitter.com, allowing users to click a button directly within a tweet in order to make a purchase without having to leave the Twitter.com website. However, it appears that Twitter has already shut this feature down – almost immediately after its public début. (more…)...
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Kalixa Group, a next generation payments company, unveiled a range of what it calls disruptive products in issuing, acquiring and acceptance that are set to roll-out across Europe, the Americas, Asia Pacific and the Middle East. (more…)...
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An ever increasing number of European Cities are allowing for SMS tickets to be used in public transport and parking. Convenience of simply sending a text message to pay for such services has been widely accepted, however miss-usage of the service has proven to be a problem in many cases. (more…)...
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