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Mobile payments method chosen by RIM receive Visa’s nod

01/19/201304/13/2014 John Montgallo

BlackBerry technology will build on the EnStream joint wireless network venture in Canada. Research In Motion (RIM) has announced that it has just received its mobile payments method approval from the Visa credit card system due to its ability to securely handle the processes and transactions. This green light is considered to be a significant step forward for the BlackBerry device manufacturer. What it means is that it is considerably closer to being able to offer support to any device that is using the mobile payments technology from RIM. It…

Mobile payments for micro businesses dumped by Verifone

12/20/201212/20/2012 L. Green

The CEO of VeriFone has announced a withdrawal from direct-to-micromerchant services. VeriFone took the mobile payments industry off guard when its CEO released the surprising news that it would no longer be pursuing direct-to-micromerchant and would be selling off that part of its business. It explained that its Sail service has been unprofitable and that it would no longer be continued. The mcommerce news was released by Doug Bergeron, the VeriFone company CEO. After a year of heavy promotions of all of the company’s mobile payments services for tablets and…

Amex makes large step into making its digital wallet international

01/19/2012 Jesse Collins

American Express has announced that it will be making an important move to widen the reach of its digital wallet, Serve, into the international marketplace. This move makes Amex the first credit card company to launch a global partnership for the digital wallet with Lianlian Group, one of the top mobile payments providers in China. Furthermore, American Express has also invested $125 million in equity into Lianlian Pay. The Serve digital wallet is an integration of a number of different types of payment option into one account for the user,…

Travelers may benefit from greater information organization through the Omnego GoTravelWallet app

09/01/201109/01/2011 Sam Lambert

Omnego has announced the release of its latest app, GoTravelWallet, which gives its users the ability to store, organize, and access information relating to their travel such as airline tickets, reward cards for hotels, and currency exchange rates. Many travelers find it handy to keep all of their information safely stored in one place that is easy to access. The Omnego app is currently available for Android, iPhone, and BlackBerry devices. CEO of Omnego, David Thomas, said that the GoTravelWallet app was developed to assist “help business and pleasure travelers…