One in 4 smartphone owners have tried a mobile wallet

mobile technology wallet Holiday Shopping

According to Blueshift Research, a quarter of these device users have used this technology at least one time. The results of a recent study conducted by Blueshift Research have revealed that 25 percent of smartphone owners have tried using a mobile wallet at least one time, suggesting that retailers might want to expect more payments to be made by way of these devices throughout the holiday shopping season. Though the growth has not been exceptionally fast, it is clear that more shoppers are interested in mobile payments. This indicates a…

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New mobile payments service coming to Japan

NFC Mobile Payments Mastercard QR Code PayPass MasterPass

MasterCard unveils new mobile payments venture in Japan Mobile payments are attracting strong interest in Japan. Consumers in the country appear to be very open to the idea of mobile commerce and have shown comfort with shopping online via their mobile devices. Indeed, the demand for mobile commerce services in Japan is on the rise and MasterCard is looking to answer the call. MasterCard has teamed with C-SAM and DNP in order to launch a new mobile payments platform that is based on NFC technology. White label platform may be…

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Mobile payments projected to reach $1.3 trillion annually

Cyber Crime mobile payments

Though this is very promising for the technology, it has also made it very appealing to cybercriminals. As the popularity and use of mobile payments continue to rise to the point that the latest projection for the market is that it will reach $1.7 trillion per year by 2017, cybercriminals have not failed to take notice and are becoming an ever present element of the use of this technology. It is predicted that these security threats will only continue to grow along with the use of the technology. At the…

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Mobile payments at Starbucks approaching a weekly 4 million transactions

Starbucks Card Mobile commerce payments App

The use of the application is becoming a regular part of the daily experience for customers. Starbucks is continuing to report very impressive numbers for the use of mobile payments in its cafes, as the use of the related app becomes a regular part of the customer experience in its locations. The latest reports have shown that analysts are also continuing to find this success highly appealing. Howard Schultz, the CEO of Starbucks, spoke with analysts last week in order to discuss the Q2 earnings for this year. He explained…

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