Mobile payments on ice cream trucks for high tech transaction completion

Coolhaus mobile payments

*Image credit Coolhaus.com Organic dessert food truck now has a point of sale that processes and tracks purchases on the go. An organic ice cream truck called Coolhaus, which operates in New York City, is now selling its frozen desserts in a way that takes advantage of the latest in mobile payments technologies. According to Natasha Case, one of the company’s founders, it uses a powerful POS device. Case explained that it is not only convenient and effective for processing mobile payments, but that it also allows the operator of…

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Mobile commerce seeing boom of in-app purchasing

Mobile apps payments

Mobile commerce and app buying power drives ahead According to the CCS Insight and Distimo analyst firms’ joint App VU Global report, app developers are seeing that mobile commerce is becoming exceptionally strong through in-app purchases, boosting their own revenues as well as those for app stores such those at Apple and Google. Among the top 200 grossing apps at Google Play (formerly known as the Android Marketplace) and the Apple App Store, 60 percent of all revenue came from purchases made through apps on smartphones and tablets. The iPad…

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Aluminum foil could be the key to mobile security for NFC-enabled credit cards and smart phones

NFC Security

Mobile commerce is becoming more popular around the world thanks to NFC technology. At this point, mobile payments seem to be inevitable as more companies begin to adopt NFC technology to help facilitate the new form of commerce. Though the concept is gaining momentum, consumers are showing serious concern for the safety of their financial information in relation to mobile payment platforms. NFC technology has enabled consumers to make purchases without making contact with a physical platform. The technology is used in credit cards and some smart phones, making these…

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Pinkberry announces implementation of Google Wallet

Pinkberry Google Wallet

Pinkberry has announced that it has expanded its current mobile strategy to include the implementation of the Google Wallet, to allow consumers to pay for their purchases, receive discounts, and redeem coupons, through the use of their mobile devices. The yogurt retailer, Pinkberry, started in 2005 in California, and that has since spread across the country and around the world with more than 175 locations. Through a partnership with Micros Systems Inc., Pinkberry has been able to implement the mobile wallet, which is now live in 69 different American locations.…

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PayPal Here mobile payment system may be a boon for small businesses looking to connect with consumers interested in mobile commerce

Mobile Payments

NFC-powered mobile commerce is gaining momentum all over the world. Many telecommunications and financial organizations are working on developing mobile payment systems that utilize the technology. Some of these organizations have even partnered in order to ensure their share of the market is not taken over by an innovative and enterprising competitor. Acclaimed online payment manager PayPal had once planned to adopt NFC as for its version of a mobile wallet – an application for smart phones that facilitates mobile payments. Earlier this year, the company announced that it would…

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Understanding mobile loyalty platforms that are non-transactional

Mobile Commerce

A mobile non-transactional loyalty platform is the type that allows a smartphone customer to receive a reward for various types of behaviors such as mobile “check-ins”, and they come with both benefits and drawbacks. The primary drawback to loyalty platforms that are non-transactional is that when a reward is offered to the consumer, and that reward has true cost and value, there is no way to track whether or not that consumer will go on to make a purchase and, if a purchase is made, there is no way to…

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VendScreen to unveil mobile payment technology for vending machines

Mobile Commerce

VendScreen has announced that it will be beginning the initial release of its mobile payment technology at the upcoming NAMA One Show in Las Vegas next month. The concept behind the VendScreen device is that it can be installed into any existing vending machine in order to be able to receive payments for the products it contains through the use of a credit card, loyalty card, or online account and, potentially in the future, discount QR codes from advertisers, as well. The smart device is Android-based and wirelessly connects to…

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PayPal to announce intention to launch competition for Square

Paypal Mobile Payments

On Thursday, PayPal will be announcing a small business solution that will include a dongle for mobile payments which will provide direct competition to Intuit (intu), Square, Verifone, and others. This PayPal dongle, which will be triangle-shaped, will make it possible for small business owners to be able to process the swipe of a credit card by using a smartphone, in a way that is comparable to PAYware by Verifone, Square, and GoPayment at Intuit. This effort will align well with PayPal’s recent efforts to carry its payment services into…

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Amex and Globe GCASH partner for online payment solution development

Google Mobile Commerce News

Philippine telco giant Globe Telecom m-commerce subsidiary, G-Xchange, Inc., has announced that it is beginning a partnership with global payment and network services giant, American Express, in order to create a new online payment solution. This solution will be designed to allow smartphone owners to use their Globe GCASH mobile wallet to purchase apps, movies, music, and games, as well as other goods and services from American and British websites that accept American Express, such as for toys, clothing, and electronics. This will allow people in the Philippines to shop…

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Commerce in Motion reveals results of retailer study regarding technology

Mobile Commerce

A program functioning over multi-channels which was created and sponsored by RedPrairie, Commerce in Motion, functions to provide commentary, content, and conversation to retail and supply chain executives and has now announced the results of their benchmark study entitled “The SoMoLo Imperative: Social, Mobile, Local Shopping Reaches the Tipping Point.” Commerce in Motion commissioned the study, which included the participation of almost 150 different retail executives and questioned them about the impact of social (So), mobile (Mo), and local (Lo) consumer behaviors on the operations of the retail industry. The…

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