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Mobile commerce helps boost revenue for Alibaba

Mobile commerce helps boost revenue for Alibaba

(adsbygoogle = window.adsbygoogle || []).push({}); Alibaba quarterly financial results show that investments in mobile commerce have boosted the company’s revenue Alibaba has posted the financial results of its first quarter as a publicly traded company. The company is looking to highlight its changing investment strategy, which is showing more favor for mobile commerce and mobile marketing. Alibaba has become a very powerful name in the mobile space, finding significant success in the e-commerce sector and offering mobile-centric … Read entire article »

Filed under: Mobile Commerce, Mobile Payments

Mobile payments test to begin by RBC and MasterCard with heartbeat security

Mobile payments test to begin by RBC and MasterCard with heartbeat security

These giants are trying out identity verification through the use of Bionym wearable technology. The Royal Bank of Canada and MasterCard Inc. are working together with a Canadian startup called Bionym, which has created a wearable technology device called Nymi, and that will now be used in a pilot program to add security to the mobile payments service. The Nymi wearables are a wristband designed to verify the user’s identity through his or her heartbeat. The goal is … Read entire article »

Filed under: Gadgets, Mobile Apps, Mobile Commerce Security, Mobile Payments, Technology News

New technology could change the future of mobile commerce

New technology could change the future of mobile commerce

SK Planet outlines its predictions of the future of retail commerce at recent event SK Planet, a leading mobile solutions provider and subsidiary of SK Group, believes that new technology will continue to blur the line that separates digital and traditional commerce. The company recently discussed its view of mobile commerce at an event held in South Korea, which was also attended by several large organizations that have interests in the mobile space. During this discussion, … Read entire article »

Filed under: Gadgets, Mobile Apps, Mobile Commerce, Mobile Payments, Technology News, Trends

NFC technology is not out of the question for MCX mobile payments system

NFC technology is not out of the question for MCX mobile payments system

CurrentC is based on scanning QR codes, at the moment, but this may not be the case forever. CEO of MCX, Dekkers Davidson, has now stated that while the design of the mobile payments system has been based on QR codes until now, it is not out of the realm of possibility that they will head in other directions, such as with NFC technology, the choice of many of their top rivals. Large retailers across the U.S. … Read entire article »

Filed under: Featured News, Mobile Payments, Near Field Communications, QR Codes

Mobile commerce partnership begins between Taco Bell and CARDFREE

Mobile commerce partnership begins between Taco Bell and CARDFREE

A new smartphone app has now been launched across the United States that includes an ordering solution. The leading provider of mobile commerce solutions to large merchants, CARDFREE, has now announced that it is now the app platform provider behind the newest smartphone based offerings for Taco Bell, which were launched across the country, last week. The fast food chain selected the company in order to provide an m-commerce ordering solution, among other things. Taco Bell selected CARDFREE … Read entire article »

Filed under: Mobile Apps, Mobile Commerce, Mobile Payments, Trends, United States

Alibaba shows interest in mobile payments from Apple Pay

Alibaba shows interest in mobile payments from Apple Pay

The company’s executive chairman, Jack Ma, has expressed his willingness to work with the American company. Jack Ma, the executive chairman of Alibaba Group Holdings, has now stated that he is open to working with Apple Inc through the use of its mobile payments service called Apple Pay, which recently launched in the United States and has been swimming in controversy ever sense. At the same time as retailers shut down NFC terminals to block Apple Pay, … Read entire article »

Filed under: Commercial, Mobile Apps, Mobile Commerce, Mobile Payments, Near Field Communications

US retailers choose mobile payments with QR codes over Apple Pay

US retailers choose mobile payments with QR codes over Apple Pay

Many large companies have disabled the NFC readers from their point of sale terminals. Large retailers across the United States have made the move to block Apple pay through the disabling of the NFC readers at their POS terminals, as they work to complete their own mobile payments transactions solution that will be based on QR codes. A recent report has shown that giants such as Wal-Mart, CVS, Best Buy and Rite Aid are stopping Apple Pay. These … Read entire article »

Filed under: Featured News, Mobile Payments, QR Codes

Apple Pay could make the leap into China’s mobile payments market

Apple Pay could make the leap into China’s mobile payments market

CEO Tim Cook spent four days in the country and suggested that the service could be rolled out there. It may not be very long before Apple Pay rolls out in the tremendous Chinese market, as the CEO of the company, Tim Cook, suggested this about its mobile payments system when speaking to the state media. Cook explained that the launch of that service within China is at the “top of the list” for his company. Apple Pay … Read entire article »

Filed under: Mobile Apps, Mobile Payments