Articles Comments

QR Code Press » Entries tagged with "nfc technology"

Consumers in mature markets are embracing mobile payments more aggressively

Consumers in mature markets are embracing mobile payments more aggressively

(adsbygoogle = window.adsbygoogle || []).push({}); Half of all consumers may opt to use their mobile devices to purchase products by 2018 Half of all consumers in mature markets are expected to be using their smartphones and wearable devices to make mobile payments by 2018, according to a new report from Gartner. Innovation in mobile applications and services will likely have a major impact on traditional business models, forcing merchants to take steps to better engage mobile consumers. … Read entire article »

Filed under: International, Mobile Commerce, Near Field Communications, QR Codes, Trends, United States

Walmart is launching its own mobile commerce solution

Walmart is launching its own mobile commerce solution

Walmart is following the example set by Starbucks in the mobile commerce space Starbucks has become one of the great success stories in the mobile commerce field, which has lead other retailers to attempt to emulate this success and engage mobile consumers more effectively. Walmart has announced plans to introduce a new feature to its already popular mobile application. The feature will allow users to make use of a new service, allowing them to make mobile … Read entire article »

Filed under: Mobile Apps, Mobile Commerce, Mobile Payments, Near Field Communications, QR Codes

Apple seeks to bring mobile payments service to China

Apple seeks to bring mobile payments service to China

Apple is talks with Chinese banks to bring mobile payments service to the country Apple is looking to release its mobile payments service, Apple Pay, in China in the relatively near future. The company is reportedly in negotiations with four of China’s largest banks, including Bank of China, and the Industrial & Commercial Bank of China. If Apple can form a deal with these financial institutions, iOS consumers in China will be able to use Apple … Read entire article »

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

NFC technology now supported by Square mobile payments reader

NFC technology now supported by Square mobile payments reader

This allows small business merchants to accept payments from mobile wallets like Apple Pay and Android Pay. While Square had previously allowed mobile payments to happen through the swiping of a credit card through a simple dongle attached to a mobile device, among other means, it has now upgraded to use NFC technology, which will open the door to compatibility with a broad spectrum of different mobile wallet app based transactions. This has considerably changed the environment … Read entire article »

Filed under: Gadgets, Mobile Payments, Near Field Communications

Valyou NFC technology based mobile payments is packing it in

Valyou NFC technology based mobile payments is packing it in

The smartphone based wallet which is headquartered in Norway has now decided to call it quits. The Norwegian mobile payments service called Valyou will now be shutting its doors as its owners, DNB, Telenor and SpareBank1 have agreed that there simply are not enough NFC technology enabled terminals at merchant checkout counters to make the effort worthwhile. The owners have also agreed that other telcos and banks have not offered the support they had expected. The contactless mobile … Read entire article »

Filed under: Mobile Apps, Mobile Payments, Near Field Communications

Mozido to help launch a new mobile commerce platform

Mozido to help launch a new mobile commerce platform

Mozido teams with Telekom Germany to launch MyWallet 2.0 Mozido, a leading provider of payment solutions, has announced that it will be working with Telekom Germany to launch a new mobile wallet platform, called MyWallet 2.0. The mobile wallet is coming from Deutsche Telekom and will support mobile payments and include advertising and loyalty features. The mobile commerce space in Europe is growing quickly, with more consumers using their smartphones and tablets to purchase products. This … Read entire article »

Filed under: International, Mobile Apps, Mobile Commerce, Mobile Payments, Near Field Communications

Apple may see limited success in Hong Kong’s mobile payments market

Apple may see limited success in Hong Kong’s mobile payments market

Hong Kong could be a very challenging market for Apple to find a foothold in Apple is expected to bring its new mobile payments service, called Apple Pay, to Hong Kong next year, but the company may find limited success in that market. The company has been working with several banks in order to make the payment service available to consumers, but these banks see little promise in Apple Pay when compared to other services that … Read entire article »

Filed under: Featured News, International, Mobile Commerce, Mobile Payments, Near Field Communications

Chase Pay mobile wallet announced by JP Morgan Chase

Chase Pay mobile wallet announced by JP Morgan Chase

This has added yet one more digital payments app to the rapidly growing number in the market. JP Morgan Chase has now added its name to the ever-growing list of different banks and retailers that have created their own mobile wallet in order to compete with more established giants such as Apple, Google and Samsung. The JP Morgan Chase consumer banking arm has now announced the launch of the Chase Pay app. This mobile wallet can be used … Read entire article »

Filed under: Mobile Apps, Mobile Payments, Near Field Communications, QR Codes

Security is playing a larger role in the growth of mobile payments

Security is playing a larger role in the growth of mobile payments

Federal Reserve report shows that mobile commerce is on the rise Mobile payments are finding more support in the United States, but security is still a primary concern for consumers and merchants alike. The Federal Reserve has released a new report that highlights this issue, as well as the growth of mobile commerce support throughout the country. For many consumers, security has been a major hurdle that has barred their participation in mobile commerce. This is … Read entire article »

Filed under: Mobile Commerce, Mobile Commerce Security, Mobile Payments, Trends, United States

Swatch to bring smartwatch to China to support mobile payments

Swatch to bring smartwatch to China to support mobile payments

Swatch set to break into China’s mobile commerce market with wearable technology Swiss watchmaker Swatch has plans to bring its smartwatch to China, where it will support mobile payments. The watch, called Swatch Bellamy, is designed with mobile commerce in mind and will allow consumers to make purchases at various stores in the country. Swatch is currently working with banking groups in China to expand the acceptance of the platform, allowing more consumers to make use … Read entire article »

Filed under: Gadgets, International, Mobile Commerce, Mobile Payments, Near Field Communications, Technology News