mobile commerce updates Archives

NFC-Enabled skin patches coming from GENTAG

08/28/201108/28/2011 Stephen Vagus

GENTAG Inc., a technology company specializing in wireless sensory technology, has announced that it has been awarded two new patents from the U.S. government. The patents will allow the company to build up its portfolio with telecommunications companies who are looking to make use of NFC technology. GENTAG’s new patents cover a series of disposable wireless sensors that are designed to be used with the next generation of mobile devices, all of which are expected to be NFC compatible. Furthermore, the second patent GENTAG was awarded covers the development of…

eBay gives PayPal mobile a boost through purchase of Zong

07/11/201107/11/2011 L. Green

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…

Visa unveils plans for a mobile wallet to be released far before Google’s offering

07/06/201107/06/2011 Stephen Vagus

Visa is entering the mobile commerce arena with its recently unveiled plans to develop a mobile wallet to compete with Google’s offering. Visa, the global payments technology powerhouse, is joining the growing number of tech and financial companies pushing the world toward a cashless society. Visa’s payment platform will make use of NFC technology, as is the norm for such endeavors, but the company seems to have been developing their mobile wallet for some time. Despite only recently revealing their plans to release such a product, Visa has announced…