QR Code Press

Nokia seeks to dethrone QR codes, but the expense of NFC technology may prove that effort futile

09/05/2011 Stephen Vagus

Despite the growing popularity QR codes have been attaining amongst consumers, the barcodes are losing favor with some companies. Nokia, one of the world’s leading telecommunications companies, is now branding the codes as obsolete. The company has been investing heavily into NFC technology, which allows smart phones and other mobile devices to interact with each other via wireless signals. With Nokia casting aside QR codes, it may signal a major shift in the world of mobile technology is coming. Nokia’s favor of NFC technology stems from the role they play…

Financial world gives the nod to the potential of mobile payment

08/29/2011 Stephanie Beck

As sales via smartphone are anticipated to increase by 50 percent within 2011, mobile payment services are in a desperate race to take their own piece of the market, and the increasing competitive environment has encouraged the formation of partnerships among the most powerful names in the financial world. This mad dash is the result of the demand of consumers for smartphones enabled with near field communication (NFC) technology that will allow them to make their regular everyday purchases with the swipe of a mobile phone instead of a credit…

Absa partners with Vodacom to advance the spread of mobile commerce

08/22/201108/22/2011 Stephen Vagus

Absa, the largest retail bank of South Africa, have partnered with Vodacom, a pan-African mobile telecommunications company, in order to expand the reach of mobile commerce. Together, both companies will develop the mobile banking and payment services available to South Africans as well as introduce several new services to the market. Officials from both companies hope that the project will provide consumers with increased convenience when making purchases. Their efforts will expand into surrounding African countries that may benefit from increased focus in mobile commerce. The concept of mobile commerce…

QR Codes – An unexpected tool for crime

06/08/2011 Stephen Vagus

There are many good qualities surrounding QR codes, but there is also a darker side to the black and white barcode. This dark side, however, is not inherent in the codes themselves; rather it is a product of maliciousness stemming from the sordid world of cyber crime. The codes are famed for the convenience and ease of use, a fact that can be easily exploited by anyone that has the mind to do so. As QR codes continue to become more popular, cyber criminals are looking to use the codes…

Ebay doing a little shopping of their own

05/17/201105/17/2011 L. Green

Online auction and shopping giant eBay has spent more than 200 million dollars in the last year making acquisitions of three businesses. This may not sound like much, but when you put it all on paper and look at the big picture; then you start to see it. EBay has been building itself to be right in the center of mobile and local commerce, and payments. Besides owning PayPal, eBay now owns three other companies. The first was purchased in June of last year; a barcode-scanning application called RedLaser. RedLaser…