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Samsung has embedded NFC technology into a men’s suit

Samsung has embedded NFC technology into a men’s suit

(adsbygoogle = window.adsbygoogle || []).push({}); The consumer electronics giant is working near field communication into clothing. Now that the CES 2016 has come to a close, there has been no shortage of interesting, fascinating and downright weird products that have made their way onto the map but at the same time, the introduction of NFC technology into a smart suit and while adding solar panels to a handbag still has some people scratching their heads. These are not … Read entire article »

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

Mobile payments pilot begins in Montreal, Canada

Mobile payments pilot begins in Montreal, Canada

Users of the public transit system can use NFC technology based transactions to pay for fare. The public transit system in Montreal, Canada has started to test the use of mobile payments using NFC technology in Android based devices so that riders can pay for their fare on some buses and trains. This has been made possible through a partnership with Suretap, a mobile wallet owned by major Canadian wireless network operators. According to the Société de transport … Read entire article »

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

Mobile payments interest about 50 percent of consumers

Mobile payments interest about 50 percent of consumers

New Gartner research shows that about half of all consumers will be interested in the transactions by 2018. Gartner Inc. has now released data that indicates that by the year 2018, approximately 50 percent of consumers within mature markets will be interested in using their smartphones or wearable technology devices in order to complete mobile payments when purchasing products and services. Consumers living in countries such as Japan, the United States, Canada and those in Western Europe … Read entire article »

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

Consumers in mature markets are embracing mobile payments more aggressively

Consumers in mature markets are embracing mobile payments more aggressively

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. More consumers are beginning … 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