Tag: latest in mobile payments

MasterCard launches pilot project of new mobile payment platform called QkR

Stephen Vagus
QR Code Video5

MasterCard has begun rolling out its new mobile wallet application for smart phones called QkR. The credit company has been working to establish itself in the emerging industry of mobile commerce. Competitors have been releasing their mobile wallets at a quick pace, but MasterCard has taken the time to ensure that its application is up to snuff with consumer needs. Unlike other mobile wallets, the QkR platform will not focus solely on NFC technology; it will also use QR codes as a form of mobile payment. The credit company has…

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Google Wallet is officially launched for NFC mobile payments on the Nexus S

Julie Campbell
Mobile Payments

Google has officially announced the launch of its mobile contactless payment program based on near field communications (NFC) technology, which allows consumers to buy products and services by tapping their smartphones at any of the over 300,000 merchant terminals that are able to accept MasterCard PayPass transactions. So far, the technology is available only through the Sprint Nextel Nexus S smartphone, which runs on version 2.3.4 of the Android operating system, and contains an NFC chip. Moreover, the service is starting by only allowing either Citi MasterCards that have been…

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PayPal is gearing up to expand into the real world with the help of QR codes

Stephanie Beck
Paypal Mobile Payments wearable technology

PayPal, the electronic commerce tycoon, is attempting to move into the offline market by developing new payment technologies that will enable smart phone users to use their mobile device to make purchases. Details about this new model are scarce, as the company attempts to retain some level of secrecy, but what little is known about PayPal’s new scheme is that it involves QR codes. The codes are to be used to add a new dimension to the shopping experience and help facilitate the transition to an economy entirely based on…

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Subway to launch NFC campaign this fall, set to establish itself as a leader in mobile commerce

Stephen Vagus
Mobile Marketing Subway

As mobile commerce continues to gain momentum, Subway Restaurants is poised to set the standard in the industry of contactless payments. The worldwide sandwich company was the first to hop on board Google’s ambitious mobile wallet project. This move made the company the first global franchise to consolidate transactions on a singular mobile platform. Now, Subway is ready to begin putting mobile payments to the test and will be introducing NFC terminals to five markets throughout the world later this year. Subway’s acceptance of NFC-powered payments is one of rationality,…

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Tablet devices to be used for mobile payment by 2012

Jorge Gonzalez
Tablet Commerce

VeriFone has announced its new Payware Mobile Enterprise for Tablets, which will be allowing tablet users to pay for their purchases with their mobile devices through a simple card reader technology.  Near field communications (NFC) technology is already being implemented in smartphones to make it possible to use them to purchase items at a point of sale by waving them or tapping them over a proper POS system.  However, it is believed that this will not be readily available for another two to three years.  That said, it is anticipated…

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