eBay has purchased Zong, the mobile payment provider, to give PayPal’s mobile commerce position a significant boost. Zong’s purchase price was $240 million, and eBay intends to use it to connect to Zong’s tremendous 250 wireless carriers and 3.2 billion users. Consumers are already using Zong in order to make purchases simply by using their mobile telephone numbers. This allows the mobile payment service to verify the transaction so that it can add the charge to the mobile service bill of the shopper. Zong is already well recognized by gamers…
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In 2015, mobile payment transactions will be worth $670 billion per year
Juniper Research has released the results of their latest study regarding the value of near-field communications (NFC) transactions, mobile payments for purchases both digital and physical, and money transfers over mobile devices, and has announced that by 2015 it will have reached $670 billion. When compared to the total Juniper Research is expecting for this year, which is $240 billion, this is a notable increase. It also indicated that over the next year and a half, there will be twenty more countries that will start to embrace NFC payment services…
Read MoreHealthcare industry is going mobile with award winning apps
The healthcare industry’s ever-growing trend toward mobile technology has taken another step forward with the introduction of new award-winning apps available to smartphone users, such as those introduced by Humana. Smartphone users are no stranger to applications relating to basic health and fitness, known as mHealth apps, and industry giants have not failed to notice. MyHumana Mobile, by Humana, one of the largest and most well-established American publically traded companies in the healthcare industry, recently received the first-ever “Best Medical App” Appy Award which was handed out in San Francisco…
Read MoreBlippar set sights on advertisers with AR platform
A new augmented reality program that aims to bring brands to life made its debut the other day at the Inspire Conference in London. The Conference draws together some of the most creative minds in the world. Over the course of two days, a number of innovative concepts and designs will be shared along with some formidable displays of technology. Blippar was in attendance, showing off their AR application of the same name. Blippar bills itself as the first universal AR platform aim at advertisers. The application is simple enough…
Read MoreLocal coffee house introduces mobile payment options
Chinatown Coffee Co. has introduced an all new payment option to their customers as a part of a smartphone pilot program for a mobile payment application. The app used is called Card Case and permits its users to run a tab with participating companies and then pay off the accumulated amount using a credit card that has been pre-registered with the app. Using the app involves no requirement of cash or a credit card with the actual business where the purchase is being made. Card Case was developed by the…
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