tag: visa

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's Touch ID fingerprint reader

Apple set to kick start mobile wallet with iPhone launch

Multiple reports predict Apple will reveal partnerships with the major credit card providers as part of a new mobile wallet initiative that will be unveiled at the big annual iPhone launch, set for 9 September.

LoopPay uses innovative MTS technology

US mobile payment firm LoopPay wins Visa funding

Mobile payments provider LoopPay has secured funding from global payments firm Visa, the company has revealed, without saying how much is involved. The US company, which launched earlier this year, is pioneering a technology that capitalises on the installed based of magnetic stripe-reader point-of-sale systems rather than NFC, which is the current favourite in mobile payment circles.

Four Asian mobile operators have teamed up to form an alliance to accelerate the adoption of NFC technology worldwide

Orange and Visa team up on NFC payments in France

French operator group Orange has formed a strategic partnership with payment provider Visa to accelerate awareness and everyday usage of contactless payment technology in France. The operator has also launched a mobile prepayment solution called Orange Cash in the country.

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.

Mobile money services are popular in Africa

Immediate mobile payments come to Europe, M-Pesa to India

Payment processing firm Visa Europe has introduced a service allowing consumers to make mobile payments across the region immediately and using any European currency. Meanwhile in India, popular money transfer and payment service M-Pesa has now been fully launched.

NSN will site its new security operation in Berlin

iZettle launches in Germany

Swedish firm iZettle has launched its mobile payment card reader service in Germany. The payment solutions provider has teamed up with financial institutions DZ Bank and Deutsche Telekom to provide small businesses with the ability to accept payments via Android and iOS smartphones.

Authorities in Niger have deactivated a third of mobile phone connections in the country in a bid to curb criminal activity

Understanding local vernacular key to success of mobile money

Financial services firm Visa has carried out a study of the mobile money deployments in six emerging markets to find out how providers can generate high registration rates as well as high active usage in their target markets. The study found that the key barrier facing mobile money providers is their ability to understand the local vernacular to market their services effectively.

The mobile wallet is gaining ground in Italy

Mobile technology “must provide benefit”, says VISA Europe

Mobile banking solutions must provide immediate benefits if they are to become successful – including the ability to complete a purchase in one click, support for contactless payment, and the ability to make small payments, according to senior market participants at the SIA Expo in Milan last week.

Google Wallet

Google moves Wallet to cloud, adds more cards to offering

In an attempt to ignite take up of its m-wallet offering, Google has launched a cloud-based version of its wallet for its US users. As a result, users can now add Visa, American Express and Discover credit and debit cards, as well as MasterCard, to their wallet.

Will LTE deliver?

Visa wins m-payment backing from Telefonica

Financial services firm Visa continued its expansion into the mobile payments space by announcing a preferential partnership with Telefónica in Europe.

The GSMA has announced that it has joined the Alliance for Affordable Internet

Mobile Money turns 10

The mobile financial services community is celebrating the tenth anniversary of mobile money. The first ever mobile financial service was launched in Zambia in 2002. It was launched by Celpay, and powered by Visa-owned Fundamo. The service was the first in a movement that has fundamentally transformed the way unbanked and under-banked people in developing nations use financial services.

Operators stand to lose millions through fraud, claims COO at Adaptive Mobile

Visa m-wallet to launch in autumn

Financial services firm Visa Europe has said it will launch the V.me digital wallet on a controlled basis in the UK, France and Spain in the autumn of 2012.

The Mobile Money Network (MMN) is a JV between Monitise, Best Buy Europe and Carphone Warehouse and Visa Europe

Visa taps in to mobile payments platform

Financial services provider Visa Europe said Wednesday that it intends to take a 15 per cent stake in the Mobile Money Network (MMN) – a joint venture between Monitise, Best Buy Europe and Carphone Warehouse, and telecoms entrepreneur Charles Dunstone (as a private investor).

Tigo is bringing 3G to DRC

Orange offers Visa mobile prepaid accounts in Africa

The carrier is offering Orange Money subscribers in the region applications such as person to person transfers, bill payments, and agent-based cash-in and cash-out services for loading or withdrawing funds.

mobile-payments

Visa launches mobile payment services

Payment provider Visa has announced the launch of launch of mobile services that allow financial institutions to offer their account holders the ability to monitor account history and balances, transfer funds between accounts, and receive near real time transaction alerts on their mobile devices.

Vodafone has joined forces with global money transfer and payment services firm MoneyGram to enable customers in over 200 countries to send money to M-Pesa users

Visa launches open platform for mobile money

Payment processor Visa has launched a mobile banking product to serve consumers in developing nations. The company said that its Prepaid Mobile offering will provide an open platform for existing mobile money systems.

Another piece of the mobile wallet jigsaw

Visa invests in m-payments platform

Financial services provider Visa Europe has invested £24.7m in mobile payments platform Monitise, giving the latter a greater European presence. Monitise is also consolidating its position in the US by buying out its partner in its US operation.

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.

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