Facebook Messenger QR codes will make MasterCard mobile payments possible

NFC mastercard Facebook Messenger QR codes

The credit card giant is adding quick response codes to the platform to facilitate purchasing. MasterCard has revealed its intentions to use Facebook Messenger QR codes to allow for mobile payments. This will have a particular focus on the small business marketplace in Africa and Asia. The Messenger app is very popular in those markets, making it a natural fit for businesses there. Moreover, using Facebook Messenger QR codes combines a popular mobile app with quick response barcodes. QR codes are already commonplace and widely used in those regions. Therefore,…

Read More

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

M-Commerce growth

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 survey was conducted across fourteen Asia Pacific markets. Among these markets were:…

Read More

MasterCard QR code payment to launch with RBL Bank

NFC Mobile Payments Mastercard QR Code PayPass MasterPass

Ratnakar Bank has joined up with the credit card giant to offer mobile payments via quick response codes. RBL Bank has become the first in India to integrate the MasterCard QR code into its mobile payment service. This has brought the quick response codes into the OnGo mobile wallet. OnGo is the RBL Bank mobile platform which is jointly powered with India Transact. This according to a statement from MasterCard. The goal is to launch a new mobile wallet into the Indian marketplace that will become a major player. This…

Read More

Nigerian MasterPass QR code launches for mobile payments

masterpass qr code

This digital payment service can be used by scanning quick response codes for authentication. The MasterPass QR code has launched in Nigeria, making it one of MasterCard’s latest additions to the mobile payments market. This option supports person-to-merchant payment transactions. The goal is to make it possible for millions of medium, small and even micro enterprises to accept digital payments. The MasterCard mobile payments QR codes arrived through a partnership with Ecobank Group. Together the bank and the credit card giant launched an Ecobank MasterPass QR code based mobile payments…

Read More

NFC mobile payments will be used by 1 in 4 Brits in 2017

NFC Mobile Payments Mastercard QR Code PayPass MasterPass

New research from MasterCard has predicted that over the upcoming 12 months there will be a significant shift. MasterCard has now released the results of a new research study in which it determined that NFC mobile payments will be used by one quarter of all Brits throughout the next twelve months. This will represent a considerable increase in the trend toward the use of mobile wallets in the U.K. At the moment, MasterCard’s figures show that the current rate of use of NFC mobile payments within this market is at…

Read More

Mobile commerce is growing aggressively in Vietnam

Google reports that mobile payments have become a powerful force in Vietnam due to smartphones ownership Mobile commerce is exploding in Vietnam, according to a new report from Google. The company’s Vietnamese branch has found that there is a major shift in consumer behavior due to the growing availability of mobile devices. According to the report,  mobile consumers in the country pick up and look at their devices an average of 150 times a day, or more than 10 times every hour. Notably, these consumers are becoming more interested in…

Read More

“Selfie Pay” mobile payments to roll out from MasterCard

NFC mastercard Facebook Messenger QR codes

A new form of verification is going to be launched in order to help to ensure transactions are secure. MasterCard has now revealed that it will be using its investments into facial recognition tech as a part of its mobile payments verification systems in order to help to make smartphone based transactions more secure. The goal is to decrease the risk of falsely declined transactions while boosting security when using mobile wallets. Trials of this mobile payments verification version using “Selfie Pay” have already been conducted in the Netherlands and…

Read More

Mobile payments could succeed if they prove to be simple, flexible and convenient

NFC mastercard Facebook Messenger QR codes

A recent study by MasterCard has shown that these are the primary features sought by consumers. MasterCard has now released the results of a study that has shown that in terms of mobile payments, consumers are seeking methods that are flexible, simple, and convenient among the new innovations that they would be willing to consider when they pay for products at retail locations. This is important insight to be considered by companies that are presently or soon to be in this market. As retailers and other companies move toward mobile…

Read More

Google launches its new mobile payments service

Google Wallet Mobile Payments

Google has officially launched Android Pay Google is taking another swing at mobile payments with the launch of its Android Pay platform. The new platform has been officially launched in the United States and is designed to work alongside Google Wallet, which is the company’s initial foray into the mobile commerce scene. Google has worked with various organizations to ensure that its mobile payments service will be as widespread as possible. Currently, Android Pay is accepted at more than 1 million retail locations throughout the United States. Android Pay is…

Read More

Samsung teams with MasterCard for mobile payments

NFC Mobile Payments Mastercard QR Code PayPass MasterPass

Samsung is working with MasterCard to augment new mobile payments service Samsung has announced that it has partnered with MasterCard for its new mobile payments platform. Later this year, Samsung intends to launch its first mobile payments service, called Samsung Pay, in Europe. The company will compete directly with Apple, which plans to launch its own payment service in the European market later this year as well. With MasterCard, Samsung believes that it will have an edge in this competition and could limit the success that Apple sees in the…

Read More

Companies stand to gain from the thriving mobile commerce market

Mobile Commerce augmented reality marketing campain

Companies showing support for mobile commerce are expected to see gains in the coming years Several companies are expected to benefit from the growing prominence of mobile commerce, according to analysis from Pacific Crest. Mobile has long been a thriving channel through which businesses could effectively engage consumers, but as mobile commerce continues to grow, companies that have positioned themselves well in the payments space are likely to find more success. PayPal, Vantiv, Visa, MasterCard and others are gaining significant momentum and may soon see major gains as a result…

Read More