Tag: mobile credit cards

Mobile payments offer advantage to small businesses

L. Green
Mobile Payments

Restaurants specifically stand to benefit from offering patrons a way to pay using smartphones. Analysts are stating that in order to remain competitive now that it is 2013, it will soon be considered to be “crucial” for small businesses and restaurants to offer mobile payments options to their customers. This will help to provide those companies with the type of competitive edge that they require. Electric Commerce International CEO, Jim Anderson, agrees with this statement and included it in a release from his company on the subject. That company is…

Read More

Mobile payments saw significant U.K. growth last year

Jennifer Goula
Mobile Payments

A new report that monitored the acceptance of smartphone transactions has just been released. A new report from the British market research firm called yStats has just been released which shows the wrap up for the mobile payments use statistics throughout last year and the growth that it experienced. Even though the sector still hasn’t expanded at the predicted rate, it still saw some considerable increases. The most recent report from yStats was called “Global Mobile Payment Methods 2012”. It looked into the growth of mobile payments not only in…

Read More

Mobile payments will replace cash and credit cards, say consumers

Stephanie Beck
Mobile payments platform

A survey has shown that people feel that cashless payments will soon dominate the marketplace. A recent survey performed by Harris Interactive has shown that over 60 percent of American adults believe that mobile payments will have replaced traditional plastic credit card and cash transactions in the not too distant future. Approximately 30 percent believe that this will occur within the next five years. The online poll was conducted with the participation of 2,383 adults in the United States. It ran from November 14 through November 19. Among the respondents,…

Read More

Mobile payments partnership in Brazil between MasterCard and Telefonica

Jesse Collins

The credit card giant and telecom company have paired up to develop a new transaction solution. MasterCard International and The Telefônica Group have just launched a new company called MFS, under a partnership between them that is designed to allow them to work together to create mobile payments solutions in Brazil. The first product from MFS is currently set to be launched in April of next year. That will consist of a pre-paid MasterCard account that can be accessed for mobile payments. The purpose is to allow individuals to be…

Read More

Mobile payments from PayPal tested in Australian shops

Sam Lambert
Paypal mobile payments

The service allows transactions to occur in-store through a mobile device such as a smartphone. Small businesses in Australia are currently taking part in early trials of the new in-store mobile payments system being offered by PayPal in order to provide feedback regarding its features, function, and value. This new system offered by the eBay owned company first announced the launch of the service last week. Consumers are now able to use a mobile payments app from PayPal to check into a shop that they have entered. This also allows…

Read More