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Google and PayPal launch new joint mobile shopping strategy using fingerprints

Google and PayPal launch new joint mobile shopping strategy using fingerprints

(adsbygoogle = window.adsbygoogle || []).push({}); The two companies have agreed to create a commerce experience combining three major components. Google and PayPal have entered into a new mobile shopping strategy bringing together the Chrome browser, Android Pay and PayPal. The concept behind this integration involves using a consumer’s fingerprint through a scanner on the smartphone. This integration represents a very powerful partnership within the m-commerce space. The companies aim to create a mobile shopping experience in which consumers will … Read entire article »

Filed under: Featured News, Mobile Commerce, Mobile Payments, United States

American mobile payments infrastructure half a decade behind India’s

American mobile payments infrastructure half a decade behind India’s

Ezetap CEO, Bobby Bose, recently stated that the Indian systems are “five years ahead of the U.S.” The American mobile payments infrastructure is far from a global leading marketplace, according to recent Ezetap CEO statements. The head of the Indian mobile payment firm, Bobby Bose, said that his home country’s infrastructure “is probably five years ahead of the U.S.” India is undergoing a massive shift toward the digital marketplace and most consumers are choosing mobile. “India is going … Read entire article »

Filed under: Featured News, International, Mobile Commerce, Mobile Payments

PayPal mobile wallet go head to head with Amazon in massive market

PayPal mobile wallet go head to head with Amazon in massive market

The digital payment platform has applied for its license to operate within the Indian marketplace. PayPal mobile wallet will soon be available to Indian consumers and merchants as the global online payments giant applies for its license to operate in the country. This follows closely on the heels of Amazon’s similar entry into that massive market. The American company has applied to the country for a prepaid payment instrument (PPI). This would place PayPal mobile wallet in a … Read entire article »

Filed under: Featured News, Mobile Apps, Mobile Payments

M-commerce is a way of life in Hong Kong, says MasterCard survey

M-commerce is a way of life in Hong Kong, says MasterCard survey

Consumers in that region are quite comfortable with using their smartphones to research and buy products. Hong Kong consumers have made m-commerce into an everyday regular activity. When they want to shop for something online, it’s entirely commonplace to use a smartphone for the task. These trends were shared through the MasterCard Online Shopping Survey. Over 2 in every 5 Hong Kong residents had made a purchase over a mobile device in the prior 3 months. The MasterCard … Read entire article »

Filed under: Featured News, International, Mobile Commerce, Mobile Payments, Trends

Will QR code use become commonplace for wedding gift giving?

Will QR code use become commonplace for wedding gift giving?

The usage and application of quick response codes in China is continuing to explode. In China, the tradition of giving cash to newlyweds is a long one and QR code use is now bringing the practice into this century. For hundreds of years, cash was given in red envelopes, but that paper is being increasingly conserved through the use of black and white barcodes. QR codes are being used for a rapidly rising number of activities in … Read entire article »

Filed under: Featured News, Mobile Payments, QR Codes

Mobile payment security concerns continue to create serious privacy issues

Mobile payment security concerns continue to create serious privacy issues

A recent study by IIM Bangalore identified serious worries over smartphone based payment services. At a time when smartphones are essentially ubiquitous and digital wallets are picking up in popularity, mobile payment security concerns persist. According to a recent study, worries over risks of privacy and security continue to be problematic. Among the main issues appears to be the lack of global consistency in terms of mobile security standards. A study conducted by the Center for Software and … Read entire article »

Filed under: Featured News, Mobile Commerce Security, Mobile Payments

QR code feature launched for in-person purchases at Paytm Mall

QR code feature launched for in-person purchases at Paytm Mall

The e-marketplace is making it possible for shoppers to move beyond m-commerce and pay in real life. Paytm Mall just rolled out a new QR code feature that will make it possible for shoppers to use their mobile devices for shopping in-store, not just at the brand’s e-marketplace. The system uses quick response code scans to verify the mobile payment transactions at checkout counters. The goal of the new QR code feature is to appeal to consumers who … Read entire article »

Filed under: Featured News, Mobile Payments, QR Codes

Samsung Pay test launched in UAE

Samsung Pay test launched in UAE

The mobile wallet is being rolled out in an “early access phase” in the United Arab Emirates. An” early access phase” Samsung Pay test has rolled out in the United Arab Emirates (UAE). This testing phase is looking into the way the mobile wallet functions through six local banks. The mobile payments app and service first launched in South Korea two years ago in August. The Samsung Pay test will show whether or not users can comfortably, safely … Read entire article »

Filed under: Featured News, Mobile Apps, Mobile Payments

HSBC mobile payment app launches through VocaLink partnership

HSBC mobile payment app launches through VocaLink partnership

Millions of the bank’s customers can soon use the Pay by Bank application to complete transactions. A new HSBC mobile payment services app will give access to first direct customers who want to use their smartphones to complete shopping transactions. It lets them use the banking app as a direct payment method for purchasing certain products and services in an online store. The HSBC payment app is the result of the financial institution’s partnership with VocaLink. VocaLink is … Read entire article »

Filed under: Featured News, Mobile Apps, Mobile Commerce, Mobile Payments

MasterPass QR code central to Ecobank cashless campaign

MasterPass QR code central to Ecobank cashless campaign

The bank has launched this new solution for merchants in order to let them use mobile devices to accept payments. The EcoBank MasterPass QR code based mobile payments solution launched with small merchants in mind. This service makes it possible for merchants to use their mobile phones to accept payments from their customers. This solution is the result of a partnership between Ecobank and MasterCard in a broader retail payment strategy. Through the MasterPass QR code, Ecobank’s merchant … Read entire article »

Filed under: Featured News, Mobile Payments, QR Codes

Mobile payments use is mainly for transportation and restaurant bills

Mobile payments use is mainly for transportation and restaurant bills

A new survey shows that there are some very specific reasons for which smartphone wallets are used. A new Market Intelligence and Consulting Institute under the Institute for Information Industry study provided insight on mobile payments use. It showed that consumers are using mobile wallets most frequently for paying for their meals at restaurants and for buying fare on transportation services. The mobile payments survey showed 76.4 percent of consumers who used the tech did so to … Read entire article »

Filed under: Featured News, Mobile Apps, Mobile Payments