Octopus QR code launches in Hong Kong for taxi mobile payments

taxi Octopus qr code tracking

The digital transaction operator’s goal is to encourage cabbies and passengers to stop using cash. A new Octopus QR code service is rolling out in Hong Kong to make it easier for the 40,000 taxi drivers throughout the city to accept mobile payments instead of cash. So far, the reception from cabbies hasn’t been all that enthusiastic as they want greater incentives. Taxi drivers see the potential of the Octopus QR code, but are hoping to be given greater incentives to start using it. They also want a boost in…

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Black Friday sees lower online retail card fraud figures

Mobile security payments online retail card

E-commerce and mobile security held strong to protect online retailers and consumers this year. Both consumers and retailers were breathing more easily on Black Friday as online retail card fraud instances decreased this year over previous years. This represents the first time in several years that there was a drop, not an increase in e- and m-commerce card fraud. The fraudulent online retail card figures didn’t just fall slightly. Instead, it plummeted to 42 percent over the holiday weekend and most important shopping weekend of the year (November 24 through…

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UnionPay QR codes to launch in all 6 AsiaMalls next year

shopping mall unionpay qr codes

The quick response code based mobile payments will allow merchants to process smartphone based transactions. Starting in 2018, UnionPay QR codes will be available in all 6 AsiaMalls shopping mall locations across Singapore. This will give consumers the opportunity to use their smartphones to be able to make mobile payments within the shopping centers. The news was released in a memorandum of understanding (MOU) from AsiaMalls Management and UnionPay International. This new partnership represents the first one a global payment brand and mall manager have launched in a large scale…

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Zimbabwe mobile payments get a shot in the arm from cash crisis

zimbabwe mobile payments bitcoin

The country is suffering from a shortage of cash as Bitcoin simultaneously makes its presence larger. A suddenly downward shift in the availability of cash has driven Zimbabwe mobile payments into a position in which it is experiencing rapid growth. This represents quite a change for the country which has always had a glut of banknotes available. In fact, the $100 trillion note actually exists. However, the country has suddenly found itself in a position of cash shortage, forcing other transactions into popularity. As Zimbabweans search for ways to pay…

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Facebook mobile payments to launch outside the United States

facebook mobile ads payments messenger

The social network’s peer to peer smartphone transactions will be enabled through its Messenger app outside the U.S. The largest social network in the world is now taking its Facebook mobile payments outside the United States for the first time. This move is meant to make it possible for users to be able to send money to each other by way of the official Messenger texting application. To start, the mobile payments service will be headed toward users in the United Kingdom. The feature will touch down in the U.K.…

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Australian mobile commerce is taking off among consumers standing inside stores

Australian Mobile commerce Trends

New research results from PayPal show that Aussies head to shops to make purchases on their phones. Australian mobile commerce has been taking off in a rather interesting way, says recent PayPal data released by the company. The research revealed a nearly 50 percent increase in the number of Australians purchasing products and services by way of their mobile devices. Mobile shoppers are using their devices to buy something at least once per week in that country. The PayPal data revealed one in four people prefer the Australian mobile commerce…

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New Walmart m-commerce features allow customers to scan and go with self checkout

Walmart m-commerce gadgets exchange

While self checkout isn’t new technology, the latest version lets shoppers scan products as they shop. The latest Walmart m-commerce feature is starting to be rolled out, making it faster and easier for consumers to check out. The tech brings together the use of mobile commerce on customer scanners with the self checkout desks. The idea behind the new Walmart m-commerce option is to make it possible for consumers to use handheld devices to scan products as they shop. That way, by the time they arrive at the self checkout…

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QR code metro passes will soon be available to Shanghai riders

example of turnstiles - QR code metro

Commuters will be able to use their smartphones to scan quick response codes to pay for trips. A number of Shanghai metro stations have QR code metro pass codes to let riders scan to pay. These new mobile payments are meant to make it faster and more convenient for commuters to pay their fares. The subway passengers are able to pay for their tickets by using either of two mobile payments services. The two QR code metro fare services are Alipay and China UnionPay. Riders who use either of those…

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PayPal rolls out Venmo mobile payments across the United States

paypal venmo mobile payments

Millions of American retailers can now accept transactions through the system using the mobile web. This week, PayPal announced that over 2 million American retailers will soon be accepting Venmo mobile payments as a checkout option. This system is launching across the United States and reflects PayPal’s growing partnership with Venmo. The Venmo mobile payments checkout option will soon become available at any U.S. location that PayPal is accepted. Businesses with Venmo will be able to accept the transactions by way of the Braintree platform. This allows Venmo customers to…

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Mobile payments popularity will be greater than credit cards in two years

Starbucks mobile payments popularity

A new U.N. report underscored the skyrocketing growth of PayPal, Alipay and other blockchain based transaction systems. A United Nations report indicates that by 2019 mobile payments popularity will “overtake credit cards” in terms of online shopping use. The report pointed to blockchain using systems as primary drivers for the popularity of mobile transactions. The United Nations body released a report saying that digital currency systems of payment will see greater use in e-commerce than debit and credit cards by 2019. The mobile payments popularity report was released by a…

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Scanning QR codes lets Chinese motorists pay to have stolen car mirrors returned in new scam

QR Code scanning mercedes benz cars

Thieves demand cash by way of quick response code to give back stolen vehicle side mirror glass. Chinese thieves stole glass from car side mirrors, telling victims scanning QR codes to make a payment is the only way to have the property returned. The motorists were told to pay anywhere from $45 to $105 to have the glass from the mirrors returned. Police in Xian, a city in central China, are investigating reports of extortion efforts by local thieves. The criminals reportedly said scanning QR codes to pay were the…

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