Rhombus launches SMS mobile payments service in the US

PayPal Mobile Payments

Rhombus’ new platform allows users to make payments with a text message Rhombus, a payments startup, has launched a new platform in the United States that will allow consumers to send payments and donations from any mobile device. Such a platform is not unique, as there are many that have the same type of feature, but the way this platform offers this feature sets it apart from others. The platform supports SMS mobile payments, making it more accessible to consumers, especially those that do not have NFC-enabled mobile devices. SMS…

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Line to launch new mobile payments service

mobile payments trends

Line announces plans to launch Line Pay in the near future Line, makers of one of the world’s most popular messaging applications, has announced plans to launch its new mobile payments service in the near future. Called Line Pay, the new service may change Line’s messaging application, adding more value to the app and making it possible for users to transfer money to one another and pay for products. Line is among the latest companies to try and transform its messaging app into a functioning mobile commerce platform. Messaging applications…

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Amazon launches a new mobile commerce service

Amazon mobile commerce

Local Register aims to promote mobile commerce among retailers Amazon has a strong interest in mobile commerce, but the company is not only keen to support mobile shopping in the digital space. Amazon has begun offering a new mobile-centric service that will allow merchants in the physical world to accept payments made from a mobile device. The service is called Local Register and is designed to compete with similar services being offered by PayPal and Square. The service may help Amazon further establish a strong position in the mobile commerce…

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Warp 9 launches new venture to support those interested in mobile commerce

Mobile commerce for Retailers

New group aims to accelerate the adoption of mobile commerce among merchants using Magento Warp 9, a leading e-commerce and mobile solutions organization, has announced that it has launched a new mobile commerce group that will focus on serving businesses using the Magento platform. Magento is an e-commerce platform that has become particularly popular with retailers. It allows retailers to engage digital consumers in a more effective way, offering them services that are well suited to the online nature of society today. Magento has seen significant growth over the past…

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Banks may be losing the mobile commerce fight

Mobile Commerce Bank

Companies like Google and Facebook are showing that they are better at mobile financial service than banks Banks may soon lose their monopoly in the payments market due to technology and social networking companies entering into the mobile commerce space. Google and Facebook are just two of the myriad companies that are beginning to offer financial services to consumers, utilizing innovative digital solutions to do so. Similar companies are doing so as well, hoping to take advantage of a market that is growing at a rapid pace. By 2017, it…

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