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Chunghwa Telecom plans new mobile payments initiative

Chunghwa Telecom plans new mobile payments initiative

Mobile payments are gaining ground throughout Asia Taiwanese telecommunications company Chunghwa Telecom has been showing some strong interest in mobile commerce lately. The company, like many others in its industry, has been taking note of the growing popularity of mobile commerce throughout Asia. Mobile payments are gaining ground as mobile devices become more readily available to a broader range of consumers throughout Asia. Chunghwa believes that the time is right to establish itself in the mobile … Read entire article »

Filed under: Commercial, International, Mobile Commerce, Near Field Communications, QR Codes, Technology News

Mobile payments will pick up with penetration of 4G

Mobile payments will pick up with penetration of 4G

MasterCard has believed that as these networks become more common, so will smartphone transactions. According to a recent statement from MasterCard, the increase in 4G networks will be central to driving an entirely new wave of innovative mobile payments options and services that merchants will be able to offer to their customers. The 4G networks will be central to engagement and innovative interactions between companies and businesses. Garry Lyons, the chief innovation officer for MasterCard, explained that 4G … Read entire article »

Filed under: Mobile Payments, Technology News, Trends

Mobile payments are just getting started, says Tim Cook

Mobile payments are just getting started, says Tim Cook

The Apple CEO was quoted to say that the technology and its use is still “in its infancy”. CEO of Apple, Tim Cook, has revealed that while he does see a future for mobile payments, its current status remains an immature market, which has led many in the technology industry to believe that his company is not planning to make any considerable moves into that sector within the near future. The CEO feels that the market is … Read entire article »

Filed under: Commercial, Mobile Commerce, Mobile Payments, Near Field Communications, Trends

Mobile payments for Beijing subway system launched with sound wave technology

Mobile payments for Beijing subway system launched with sound wave technology

The new transaction process for commuter fare has been implemented using Alipay. Alipay has just announced that it has launched a new system for mobile payments within the Beijing subway that allows commuters to pay for their fares by having their smartphones communicate with ticketing machines by way of sound waves. The system itself was first released in January along with the Alipay Wallet app. This system of mobile payments has now been implemented into the Beijing subway. … Read entire article »

Filed under: International, Mobile Payments, Travel

Mobile payments trial to start with the hopes of Marks & Spencer

Mobile payments trial to start with the hopes of Marks & Spencer

The small pilot program is being held by the retailer, which is hopeful that it will be successful. Marks & Spencer, the massive British retailer, made considerable mobile payments headlines recently when a report wrongfully indicated that it was adding a new app that was deploying smartphone based transactions throughout. Instead, the story is similar, but it is quite different, as it has started a small trial program. The mobile payments trial began with the launch of the … Read entire article »

Filed under: International, Mobile Payments, Trends

Mobile payments service through Citi proves popular in Dominican shops

Mobile payments service through Citi proves popular in Dominican shops

Companies have been using these smartphone transactions to pay for groceries and other purchases. Citi has just announced the launch of its new mobile payments service for merchants such as small grocery stores and other small sized businesses within the Dominican Republic. The new service that has been released in the Dominican Republic is called Citi Mobile Collect. The Citi Mobile Collect service allows participating merchants to make mobile payments to their providers instead of having to rely … Read entire article »

Filed under: Commercial, International, Mobile Commerce, Mobile Payments, Trends