Web giant Google has unveiled its plans for NFC mobile payments via the handset and promptly got itself into hot water. It’s PayPal that has taken issue with Google Wallet, and small wonder, given that the two people heading up the initiative used to work for the payments firm.
Leading US mobile operators AT&T, T-Mobile USA and Verizon Wireless have banded together to build a national mobile commerce network, allowing users to make point of sale purchases using mobile phones.
German operators T-Mobile, Vodafone and O2 are planning to introduce a mobile payment service as an extension to the current version of Mpass which is used for online payments only.
South Africa’s pan-regional operator MTN Group has joined forces with Western Union over a cross-border mobile money transfer service that will be available in 21 countries. The service will allow MTN subscribers to send and receive Western Union Money Transfer transactions using their MTN MobileMoney accounts. The service will first be introduced in Uganda, where MTN’s MobileMoney service has over one million registered users.
Games publisher Electronic Arts, which is currently upping its game in the mobile space, has entered into a five year strategic relationship with Facebook to develop and promote a virtual currency.
Kenyan operator Safaricom has partnered with retail chains Uchumi Supermarkets and Naivas, in order to give M-Pesa subscribers the ability to use the service to purchase goods in the stores.
Mobile operator Orange UK and Barclaycard have extended their relationship to introduce a contactless payment system, in the form of a credit card rather than a phone.
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