Verizon taps Payfone for payments network

US carrier Verizon is the latest to jump on the mobile payments bandwagon, announcing on Tuesday a partnership with mobile transaction firm Payfone to bring carrier billing to Verizon Wireless users.

European banks issue guidelines for NFC payments

The European Payments Council (EPC) has released draft guidelines governing the use of Near Field Communications (NFC) technology for mobile payments. The Council, which represents the European banking industry, has also called for stakeholder submissions on the subject, with the deadline for feedback on June 17th this year.

Orange bills for Windows Phone 7 content

France Telecom’s mobile unit, Orange, has integrated Microsoft’s flagship mobile OS with its own billing platform, allowing users of Windows Phone 7 devices to add the cost of content purchased to their mobile phone bill.

Everything Everywhere sees potential in NFC

Everything Everywhere, the parent company of T-Mobile UK and Orange UK, said Thursday it would roll out a commercial contactless mobile payment service by early summer.

Operators ignore SMS at their peril

The humble SMS will remain a significant source of revenues and traffic for mobile operators on a global basis until at least 2015, according to the latest forecasts from Informa Telecoms & Media. Global SMS revenues are forecast to rise to $136.9bn by 2015 from $105.5bn in 2010, as global SMS traffic increases from five trillion messages in 2010 to 8.7 trillion messages in 2015.

Softbank trials contactless payments

Japanese operator Softbank Mobile is set to trial contactless payment technology, having tapped up security firm Gemalto for the project.

Telenor Serbia launches m-payment

Serbian mobile operator, Telenor, has become the first carrier in the country to enable its subscribers to use mobile phones to access their bank accounts and pay for goods and services. The operator is working with corporate and financial group, Erste Bank, and France’s largest retail banking group, Agricole to offer the services.

The mobile commerce revolution

There are several fundamental financial transaction issues faced by 100’s of millions of adults in Africa on a daily basis, ranging from the ordering and payment of goods and services, to the challenges of traditional banking, bill/tax payments, salary withdrawals and international remittances.

Carriers to strike gold with mobile money services

To date, predictions that the mobile phone will one day replace the humble leather wallet have gone largely unfounded, despite a growing number of mobile payment and banking services being made available worldwide.

Smartphone is a hotbed of security issues

To date, the humble mobile handset has evaded the vast majority of security threats now commonplace among PC users. But every so often security experts issue a warning about the multitude of dangers mobile phones will be exposed to at various points in the future. This week, one such report was published by the Georgia […]

M-payments set to boom in emerging markets

More than 100 million mobile phone users worldwide will use their handset to make international money transfers by 2013, according to research released this week. Although cross border mobile money transfers are currently in their infancy, analysts at Juniper Research expect the market to gain significant traction over the next two to three years, especially […]

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