QR codes help Indonesian merchants make sales

QR codes smartphone

These quick response codes are helping to make mobile payments possible for sellers and consumers. Among the largest challenges to the technology environment in Indonesia is in its mobile payments ecosystem, as 99 percent of transactions are currently conducted in cash, although the use of QR codes could soon make a notable change to that figure. Using smartphones for completing transactions may soon make it more possible for Indonesians to use cashless payments. There has been a considerable amount of thought given to ways to help to adopt mobile payments…

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Mobile payments goes hands free with PayPal Beacon

The technology uses Bluetooth LE to make it possible for the service to expand. PayPal has just unveiled the very latest in its mobile payments offerings, an extension of its overall program, and is now promising to make it even easier to pay for products and services through the use of a smartphone, to the point that it is – according to the company – even simpler than using a credit card. Though there are already many other options being developed, PayPal hopes this will be the most attractive. There…

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Mobile payments may breach the $1 billion mark in 2013

mobile payments - QR codes

eMarketer has released its predictions for the United States and they are slower than previously expected. Even though the growth of mobile payments that was expected earlier this year is not panning out to be true, the slow increases that are still being made still might allow transactions to top $1 billion in the United States this year if the latest eMarketer data is correct. Though this may seem as though it is an important milestone this year, it is expected to be far greater in 2017. The eMarketer predictions…

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Mobile payments service launched by Sionic for national retailers

mobile payments technology

The system has been compared to what is currently available at Starbucks for purchase transactions and loyalty rewards. Sionic has just announced that its Sionic Ion Rewards app will now allow consumers to be able to make mobile payments for purchases in a way that is comparable to the successful method used by Starbucks. The massive coffee chain uses its smartphone app and prepaid cards to allow consumers to buy. The café’s shops receive approximately 3 million mobile payments every week, according to its own statistics. It has predicted that…

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Mobile security warning issued by FTC

mobile security for smartphone

Smartphone payments may not be as safe as we think, says the Federal Trade Commission. As payments made over smartphones and tablets are on the rise, the Federal Trade Commission has just released a report regarding their perspective on the state of mobile security in m-commerce, and the possible downfalls that it presents. One of the studies included in the report showed that smartphone payments will be mainstream by 2015. The report from the FTC indicated that with this type of adoption as a guide, both carriers and transaction processors,…

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