MPW ISSUE 140 December 23 2009
News
Mobile shopping surges
PayPal's Amanda Pires says the number of mobile online payments made through the online payment service rose nearly 650 percent on Black Friday. Pires attributes the increase to the fact that more and ...
Purchase Issue Banks starting to embrace alternative payments
SunTrust Banks has started testing a noncard payment service from Moneta to compete against alternative payment systems such as PayPal. "There has always been a fairly sizeable part of the population, ...
Purchase Issue US consumers interested in purchases via mobile
Nearly 59% of consumers across the US have expressed their interest in using their mobile phones for transactions at the POS, according to new consumer research commissioned by Firethorn, the mobile banking ...
Purchase Issue MasterCard says economy rebounding
MasterCard's Tim Murphy says the worst of the recession appears to be over. He also says that although consumers may not be willing to spend as much as they were spending before the recession because ...
Purchase Issue Opinions
Mobey Forum Plenary Workshops hosted by La Caixa in Barcelona
The workshops were hosted by e-laCaixa at Caixa Forum and, possibly, the Barcelona sunshine helped with the obvious optimism from the delegates that mobile financial services is now real rather than just ...
Purchase Issue Contactless NFC
Number of Visa contactless cards set to double by 2010
In Europe, cash still accounts for 80% of transactions, and over 90% of these are under €15. This equates to a large untapped area of low value payments for cards. Contactless is Visa’s strategy to tackle ...
Purchase Issue 5 million contactless cards issued in UK by Barclays and Barclaycard
Barclays and Barclaycard have announced that they have well over 5 million contactless enabled cards in issue in the UK.
Purchase Issue Visa Europe, Telefónica O2 and G&D unveil payment portability via SIM card
Visa Europe, Telefónica O2 and Giesecke & Devrient (G&D) have announced what they call, ‘the next generation of mobile payment technology innovation’. Visa Europe, Telefónica O2 and G&D have unveiled ...
Purchase Issue NAB goes contactless for Christmas
National Australia Bank’s credit card customers will now be able to use Visa payWave contactless technology to help them pay for purchases in the busy Christmas shopping period.
Purchase Issue Giesecke & Devrient acquires Nokia’s shares in Venyon
Giesecke & Devrient (G&D) and Nokia say that G&D has become the sole shareholder in Venyon by acquiring the shares held by Nokia. G&D held a majority of the shares before the acquisition. Since its creation ...
Purchase Issue MasterCard Canada deploy PayPass on BlackBerry
For four months, in partnership with BMO Bank of Montreal and Research In Motion, MasterCard Canada is bringing mobile payments to BlackBerry smartphones through its PayPass contactless payment technology. ...
Purchase Issue NFC Test Zone launches in Russia
Four leading mobile network operators in Russia have made a decision to start a scientific research “Development of proposals on launch and realization of mass NFC services in the mobile networks of the ...
Purchase Issue Mobile Payments
Firethorn m-commerce consumer survey results
Firethorn has published a white paper providing findings from a study evaluating "the mindset, technology behaviors and future adoption practices of the general market for both mobile banking and commerce. ...
Purchase Issue Thales paves the way for authentication on the move
Thales has launched ‘SafeSign Mobile Authentication which enables strong authentication using a mobile device’.
Purchase Issue Mobile payment prediction…
Until now mobile payment services have been successful predominantly in countries where mobile penetration outstrips traditional banking services. In developed markets, the challenge had been about building ...
Purchase Issue Vesta signs agreement with Cricket Communications
Vesta has been selected by Cricket Communications to manage non-cash customer transactions.
Purchase Issue Movirtu launches MXPay
Movirtu, a supplier of network infrastructure solutions for mobile operators servicing rural poor communities, has announced the launch of MXPay.
Purchase Issue Mobile Coupon usage to triple exceeding 300 million people globally by 2014
According to Juniper Research’s new report - ‘Mobile Coupons & NFC Smart Posters: Strategies,’ consumer usage of mobile coupons will see users exceed 300 million globally by 2014, principally in developed ...
Purchase Issue Oasis launches SMS gift vouchers
Eagle Eye Solutions has created what is believed to be the world’s first peer-to-peer SMS gift voucher for the high-street fashion retailer Oasis.
Purchase Issue Mobile Banking
Britons want quality of service
Britons place more importance on the quality of the customer service they get from their bank than on interest rates or charges, a recent report reveals.
Purchase Issue Significant customer base growth for banks offering Mobile Financial Services
Banks offering mobile financial services can increase new customer acquisition by as much as 60%, according to a recent survey by Mercatus.
Purchase Issue NAB to use voice biometrics for m-banking
National Australia Bank (NAB) is preparing to replace SMS pass codes with biometric voice verification to secure its mobile banking customers, according to CIO Magazine, New Zealand.
Purchase Issue Scotiabank partners with M-Com
Scotiabank says it has developed a new partnership with M-Com that will bring mobile banking to Scotiabank customers in Q2 2010.
Purchase Issue MPOS
VeriFone payments solution for iPhone
VeriFone has launched ‘PAYware Mobile, a complete payment solution for the Apple iPhone that provides small businesses with simple and secure card processing capabilities on the popular smartphone platform’. ...
Purchase Issue Twitter founder launches mobile phone credit card reader
Twitter co-founder Jack Dorsey has officially launched his new company, called Square, which sells a system to turn mobile phones into payment card readers.
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