tag: mobile-payments

Amdocs MWC

Amdocs and Strex push SMS payments

SMS seems so last decade, but often the simplest technologies provide the easiest solutions. Amdocs has partnered with Norwegian SMS payments outfit Strex to promote this technology and see the rise of mobile wallets from the likes of Apple, Google and Samsung as complementary.

Google Softcard Mobile Payments

Google & Samsung move to counter Apple Pay debut

Google has stoked the fire burning underneath the mobile payments industry by announcing its acquisition of “some exciting technology and intellectual property from Softcard to make Google Wallet better.” The payment software will come pre-installed as standard on Android phones running KitKat or higher with three of the big four carriers across the USA, AT&T, T-Mobile and Verizon.

Apple SIM will allow easier operator switching for users

Apple SIM could accelerate wireless industry disruption

A multi-operator capable SIM card included in Apple’s latest iPad range will give consumers the flexibility to switch between short-term plans with operators in the UK and USA. So far, AT&T, Sprint, T-Mobile and UK operator EE have confirmed participation with the initiative.

The new Apple Watch

Apple launches new phones, watch and mobile wallet

Apple today announced an unprecedented range of additions to its product catalogue, including the iPhone 6, 6 Plus, Apple Pay and Apple Watch. The keynote session in Cupertino, California, saw the unveiling of new NFC mobile payment capabilities to be built as standard into the new models, and the launch of the Apple’s foray into the wearable technology space with Apple Watch, as widely anticipated.

Indian bank ICICI launches mobile payment

India’s ICICI Bank is to launch a mobile payments service built by Movida, the Indian joint venture between Visa and mobile money specialist firm Monetise, that will draw on the potential to reach unbanked customers in the country.

Almost a third of businesses plan to use biometric authentication for mobile devices as part of their bring your own device (BYOD) programmes by 2016

Apple eyeing mobile payments with AuthenTec deal

Apple has agreed to acquire fingerprint security firm AuthenTec in a deal worth around $356m. AuthenTec’s fingerprint technology has been used in mobile phones in Japan for authentication of mobile payments, and Apple is expected to bring those services to more markets.

Mobile Internet industry sees money being thrown about

Monitise aims to be “world’s largest” m-money player with acquisition

UK mobile payment technology and services provider Monitise has announced plans to acquire US based counterpart Clairmail, in a bid to create the “world’s largest pure-play mobile money company”. Monitise will pay a sum of $173m for the acquisition, which is conditional upon US regulatory and shareholder approvals, and the firm expects the acquisition to be completed before the end of the financial year 2012.

mobile-payments

Telefónica in m-wallet deal with Sybase 365

Telefónica Digital, the cross sector services arm of the international operator created in September last year, has announced a strategic partnership with mobile commerce provider Sybase 365. The deal will see the two firms collaborating on Telefónica’s m-wallet proposition, which will include a range of mobile financial services.

Mobile edge working group bringing content nearer the user

PayPal to launch new in-store mobile payment services

eBay is launching a host of in-store payment processing services for retailers, via PayPal, over the coming months. The services do not rely on the use of near-field communications (NFC) or credit or debit cards.

Another piece of the mobile wallet jigsaw

O2 UK announces mobile payment partners

UK carrier O2 has announced the companies it will be partnering with to deploy its mobile wallet service in the second half of 2011. O2, the UK arm of Spanish incumbent Telefónica, said it would be working with Wave Crest, FIS, Intelligent Environments and Visa Europe.

Some handset vendors are now starting to introduce NFC to their portfolios

Android device turned into NFC payment acceptance terminal

Mobile payment and payment gateway platform developer Charge Anywhere, has unveiled an Android app that will allow businesses to process credit and debit cards using only a handset. The application turns Google’s Nexus-S smartphone into an NFC payment acceptance terminal.

The NFC payments market is expected to grow seven-fold by 2017

GSMA backs NFC as UK MNOs flag collaboration

Vodafone, Orange, O2 and T-Mobile have announced their intention to launch NFC mobile payment services in the UK by 2012. Near-field communications (NFC) has been building a head of steam in recent months, with the likes of Google, RIM and Visa announcing their support.

Money transfer, NFC to drive m-payments

Mobile money transfer and NFC (Near Field Communications) transactions are predicted to account for 50 per cent of the global mobile payment market by 2013. Industry analyst Juniper Research said this week that while the mobile payments market is currently dominated by purchases of digital content such as ringtones, music and games, it will in […]

Mobile payments to reach $300bn by 2013

The gross transaction value of mobile payments for digital goods, such as music and games, and physical goods, such as books, is forecast to exceed $300bn worldwide by 2013. The figures, released by analyst house Juniper Research on Tuesday, found that there is a significant and immediate opportunity for mobile payment services, systems, software and […]

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