Tag: mobile payment industry

eBay mobile payments lead to solid Q1 2012

Jennifer Goula
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…

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

Julie Campbell
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…

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

Jennifer Goula
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…

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Gemalto to provide platform for ISIS NFC mobile commerce

Sam Lambert
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…

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

Stephen Vagus
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…

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