Merchants can now offer Tabbedout mobile payments from Digital Dining to consumers who want to pay with their smartphones. Top hospitality point of sale (POS) software developer, Digital Dining, has announced that it will be adding Tabbedout – a free mobile payment application – to their portfolio of products before the end of 2012’s second quarter. Tabbedout allows consumers to use their smartphones to open, view, and pay their bills. Its availability will mean that a broader segment of the hospitality industry in the United States will be able to…
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Visa says mobile payments won’t lead to EM cards’ demise
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 MoreOrange expands availability of Quick Tap application to Android devices
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 MoreUnderstanding mobile loyalty platforms that are transactional
There are many different types of transactional mobile loyalty platforms and, like the old punch card and plastic cards with the magnetic stripe, each of these new programs designed for mobile devices has their own benefits and drawbacks. Consider the following types of mobile loyalty platforms that are of a transactional nature: • Optical character recognition (OCR) mobile loyalty platforms To take advantage of these platforms, consumers must download a dedicated app into their smartphones and snap the image of each of their receipts. The concept behind this method is…
Read MoreeBay mobile payments lead to solid Q1 2012
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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