QR codes can now be used for digital billing with proper guidelines

QR Code Report

NACHA has now come up with the bill payment standard that has been long awaited. NACHA – the Council for Electronic Billing and Payment (CEBP) at the Electronic Payments Association – has now unveiled the long awaited guidelines for using QR codes for bill payments purposes. This was a collaborative effort in order to allow companies to take this mobile step forward. It is only the most recent of NACHA’s efforts to continue to offer the industry for electronic payments a new cutting edge product in a way that has…

Read More

Mcommerce is receiving an important boost from MasterCard

NFC Mobile Payments Mastercard QR Code PayPass MasterPass

The credit card giant is playing an important role in the growth of the smartphone shopping environment. As a part of the effort to boost mcommerce, MasterCard Inc. has now released the Software Development Kits (SDKs) for the Mobile MasterCard PayPass User Interface. The SDK offers a full next generation digital range of submission and authorization solutions. Through the SDK, there is assistance for the new applications that are being offered by the operators of the mobile networks, as well as the issuers and the third party software developers for…

Read More

Mobile payments have barely started but are already swamped with competition

Mobile Commerce News on eOne PLUS app

Consumers are increasingly using their smartphones to pay for purchases. An ever increasing number of merchants and consumers alike are experimenting with different ways to pay for items that include mobile payments among the available options. A wide range of new options are beginning to open up at restaurants, bars, and shops of all kinds. Even though the mobile payments industry is still in the earliest part of its fledgling stage, the growth of its adoption is rapid, which is leading to notable competition among providers of these services. New…

Read More

Visa says mobile payments won’t lead to EM cards’ demise

Mobile payments credit cards

An executive from Visa has reported that EM cards aren’t doomed due to the rise of mobile payments. The head of Visa Inc.’s non-U.S. operations has released a statement while in Singapore, saying that there is still a future in plastic credit cards, despite the growth and aggressive promotion of mobile payments and their various platforms. Even though there has been a tremendous rise in the number of systems catering to smartphones – particularly in emerging markets such as India and Indonesia – the fact that these same nations are…

Read More

Orange expands availability of Quick Tap application to Android devices

Quick Tap NFC technology service mobile payments service

Quick Tap to enter the Android market UK telecommunications company Orange has announced that its popular Quick Tap NFC service will find its way to some Android mobile devices in the coming weeks. Quick Tap was the first NFC service to come to the UK and is the result of a partnership between Orange and Barclaycard, one of the country’s largest financial institutions. Quick Tap has been somewhat popular in the UK for its ability to facilitate mobile payments. The availability of the Quick Tap application was limited, however, and…

Read More

eBay mobile payments lead to solid Q1 2012

eBay mobile payments

eBay has reported double digit increases to its mobile payment income through Marketplace and PayPal. Leader in global commerce and mobile payments, eBay Inc. has announced that its first quarter revenue for 2012 was $3.3 billion, which is an increase of 29 percent when compared to the same time last year. The eBay first quarter report indicated that the company saw a GAAP net income of $570 million, which translates to $0.44 per diluted share. It also stated that its non-GAAP net income was about $0.55 per share, at $725…

Read More

European Commission launches lengthy probe into cell phone operators’ mobile payment service bid

UK mobile commerce

The European Commission has announced its decision to launch an extensive antitrust investigation – which will probably continue until the end of August – into the joint mobile payment venture of the largest mobile phone operators in Britain. This probe is in response to concerns that had been raised over its ability to hold back innovation. It is believed that the investigation will deal a sizeable blow to the hopes of the operators to gain rapid approval and adoption for its advertising and mobile payment systems which had been labeled…

Read More

PaymentOne and Live Gamer work together to bring growth to global options for mobile payment

Mobile-Commerce

Live Gamer, the first combined advertising and digital commerce platform for the interactive entertainment sector in the world, and PaymentOne, a leader in mobile payments worldwide, have announced that they will be working together to grow the international options for mobile payment. The AnyPhone platform by PaymentOne provides end users with an easy solution for using their mobile phones to make in-game purchases. The partnership is designed to allow PaymentOne to offer integrated payment services within the platform at Live Gamer, so that AnyPhone will be available to the significant…

Read More

Gemalto to provide platform for ISIS NFC mobile commerce

Mobile-Commerce

The American NFC contactless mobile payment service, ISIS, which is a joint venture among the major U.S. mobile network operators, Verizon Wireless, AT&T Mobility, and T-Mobile, has selected the trusted solution for service managers, Allynis from Gemalto, as its central mobile commerce platform. According to the chief marketing officer for ISIS, Ryan Hughes, Gemalto was chosen due to its long established relationships with both mobile operators and various trusted financial organizations. He explained that this meant that Gemalto could provide significant experience in offering services to the consumer, which involve…

Read More

Verizon Wireless shuns Google’s Wallet – hope still lies with Sprint

Mobile Commerce

Telecommunications giant Verizon Wireless has announced that it will not support Google’s ambitious mobile payment applications, called Google Wallet. Verizon is set to compete with Google for control of the emerging mobile commerce industry. The company is part of a triumvirate, which included AT&T and T-Mobile, which is working to build the mobile payment platform known as Isis. With Verizon choosing not to support Google’s platform, the technology company’s last hope remains with Sprint. Google has worked hard to promote its mobile payment platform and consumers have shown some favor…

Read More

ABI Research shows that NFC-based mobile marketing is valued at $300 million

NFC technology Tags

ABI Research, a market research firm, has released a new report suggesting that mobile marketing tactics focused on in-store messaging and sales tags is currently worth $300 million. The report shows that the value of mobile marketing is on the rise as more NFC-enabled mobile devices enter the commercial market. With NFC chips finding their way into more marketing materials, such as posters and pamphlets, companies adopting mobile marketing strategies may be on the verge of a major breakthrough in terms of consumer engagement. Several companies, including Google and Nokia,…

Read More