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Bump Pay app allows smartphone owners to exchange funds

Bump Pay app allows smartphone owners to exchange funds

Bump Pay, the second app by Bump Labs, has brought the company into the mobile payments market, allowing its users to tap their phones together in order to exchange money. The Bump Pay app has been developed based on the core technology of the company, which gives two smartphones the ability to transfer data to one another simply by tapping them together. This differs from near field communication (NFC) – which is the foundation of the … Read entire article »

Filed under: Featured News, Mobile Commerce, Mobile Payments

Google makes new fee-splitting offer to carriers to increase adoption of Google Wallet

Google makes new fee-splitting offer to carriers to increase adoption of Google Wallet

Though Google Wallet found its start last year to launch that company’s entry into the mobile payments sphere, the service has failed to take off as expected, due to the large amount of competition and its reliance on NFC technology, which remains limited among handsets. In order to overcome some of the struggles presented by those hurdles, reports are indicating that Google has been considering making cost sharing offers to carriers such as AT&T and Verizon … Read entire article »

Filed under: Featured News, Mobile Commerce, Mobile Marketing, Mobile Payments, Trends

Mac World report shows Apple’s mobile payment market share is growing

Mac World report shows Apple’s mobile payment market share is growing

According to a Mac World report, has shown that a growing number of companies are entering into the rush to be able to process credit cards over mobile, and as they develop their own hardware and apps to accomplish this goal, the majority of them are basing their efforts on Apple’s iOS platform. It has been speculated that the reason for this is that the Apple mobile products represent the largest market share, and because the … Read entire article »

Filed under: Featured News, Mobile Commerce, Mobile Payments

eBay sells Rent.com to Primedia to concentrate on mobile commerce and payments

eBay sells Rent.com to Primedia to concentrate on mobile commerce and payments

eBay has announced that it will be selling off Rent.com, one of its online properties, which has been purchased by Primedia. This will allow the largest online marketplace in the world to concentrate its efforts on the heart of its e-commerce and payments businesses, including their relatively newly introduced mobile elements. Rent.com was originally acquired by eBay in 2004, for a purchase price of $400 million. This gave the company an important step into the online real … Read entire article »

Filed under: Featured News, Mobile Commerce, Mobile Marketing, Mobile Payments, United States

Is it too early to gauge Google Wallet’s successes and failures?

Is it too early to gauge Google Wallet’s successes and failures?

Many reports have been released indicating that Google is considering ways to rework its Google Wallet, based on the recent announcement that two of the execs involved in the project have left it, and that the company is scrambling to try to get as many wireless carriers to sign on to offer the mobile wallet as possible. This has led many to assume that Google Wallet is facing significant unexpected struggles, though there have been a … Read entire article »

Filed under: Featured News, Mobile Commerce, Mobile Payments

Moosejaw outdoor apparel and gear retailer offers mobile payment for purchases

Moosejaw outdoor apparel and gear retailer offers mobile payment for purchases

Outdoor apparel and gear retailer, Moosejaw, has announced that customers can now make purchases from anywhere within its stores using mobile devices. This has been made possible through the use of Linea-pro, from Infinite Peripherals Inc. (IPC) in combination with the fourth generation devices of Apple iPod Touch in order to provide consumers with quick and convenient options for making purchases. According to the Moosejaw senior vice president of marketing and technology, Eoin Comerford, in a company … Read entire article »

Filed under: Featured News, Mobile Commerce, Mobile Payments, United States