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Banks are revising their approach to mobile payments

Banks are revising their approach to mobile payments

(adsbygoogle = window.adsbygoogle || []).push({}); US banks are changing the way they look at mobile commerce Banks in the United States have shown strong interest in mobile payments, but not those being made in physical retail stores. With the launch of new mobile payment services, such as Apple Pay, many banks have taken steps to become more mobile-centric, offering more support for mobile commerce and mobile banking. Many banks do not see the value of in-store mobile … Read entire article »

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

Suncorp Bank shows support for mobile payments

Suncorp Bank shows support for mobile payments

Bank will be launching its own mobile commerce service in the near future Suncorp Bank has announced that it will be accepting mobile payments from the iOS and Android platforms The bank has plans to begin rolling out mobile payment support on its mobile application for Android devices beginning in 2015. Afterward, the organization plans to begin working with Apple to make payments through the Apple Pay platform possible for its customers. Mobile payment support may … Read entire article »

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

Mobile commerce user base is growing quickly

Mobile commerce user base is growing quickly

New report predicts that mobile consumers participating in mobile commerce will exceed 2 billion by 2017 A new report from Juniper Research estimates that there will be more than 2 billion mobile consumers that participate in mobile commerce of some kind by the end of 2017. This is an increase over the estimated 1.6 billion people that participate in the mobile commerce space currently. More people are gaining access to mobile devices and are relying on … Read entire article »

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

Optus launches new mobile payments app

Optus launches new mobile payments app

Optus becomes Australia’s first telecom to offer a contactless payment solution Optus, Australia’s second largest telecommunications companies, has become the country’s first telecom to offer contactless payments with its new mobile app, Cash by Optus. The new application is designed to completely replace cash and card purchases below $100 and may help bring more convenience to the commerce space. The new app is being launched with the aid of Visa and Heritage Bank and will utilize … Read entire article »

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

Apple Pay may have a major impact on the NFC technology market

Apple Pay may have a major impact on the NFC technology market

New mobile payments service is causing the NFC market to surge Apple Pay has been launched and it has already manage to cause a stir in the mobile payments space. The launch of the new service has been supported by a wide range of retailers, all of whom have shown strong interest in the mobile space. While Apple has succeeded in drawing more attention to mobile shopping and payments, the company’s new service may have an … Read entire article »

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