NFC technology based mobile wallet launched in China

NFC tags technology

China Merchants Bank has just announced this new mobile payments service for its customers. China Merchants Bank has partnered with China Unicom, a wireless operator, to be able to offer mobile payments services to their subscribers using NFC technology. The mobile wallet service will have its initial launch in Shanghai but will expand from there. The companies announced their new agreement on Monday, and have made the service available right away to smartphone users with NFC technology in Shanghai. The news from China Unicom explained that subscribers to their services…

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Galaxy S II the first device to support Isis

isis mobile wallet

Update makes Galaxy S II compatible with Isis T-Mobile has issued an update to the Galaxy S II that makes the mobile device the first ever that is ready for the Isis payment platform. T-Mobile is one of the three companies invested in the Isis initiative, along with AT&T and Verizon Wireless. Isis aims to be the world’s most expansive and comprehensive mobile commerce system. Though it has not yet been launched, Isis has already garnered the support of most major financial institutions and is poised to beat out competitors…

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Understanding mobile loyalty platforms that are transactional

Mobile marketing loyalty

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…

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Nokia unveils the NFC technology based Lumia 610

Nokia Lumia NFC Gadgets

With a magic swipe of your NFC phone! This week, Nokia unveiled its new Lumia 610 smart phone. The Lumia is the latest mobile device for the Microsoft Windows Phone platform. The Lumia will also be the first Windows Phone to include NFC technology. Nokia has developed the 610 with mobile commerce in mind, spurred largely by the number of other telecommunications companies introducing their own NFC-enabled smart phones to the market. Despite the tenacity of the competition, Nokia has been able to establish itself as one of the leaders…

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The NFC Forum expands accessibility of the N-Mark symbol

Mobile-Commerce

NFC Forum News The NFC Forum, a non-profit association that works for the progress of NFC technology, has announced that its N-Mark symbol is growing in popularity. The N-Mark was introduced in late 2010 and serves as a special marker for certified NFC-enabled mobile devices. The NFC Forum has worked to standardize the symbol in an effort to provide some stability to the emerging industries of mobile commerce and NFC technology in general. Due to the rising demand for NFC-enabled devices and technology, the organization has decided to expand the…

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