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Mobile commerce app from Chase bank providing alternative as website struggles

04/03/201304/02/2013 Sam Lambert

As the standard site faces considerable issues, the smartphone application is offering another online option. Though it occurred on April Fool’s Day, the technical difficulties that were experienced on the Chase Bank website, and that were sending customers to the mobile commerce app, were neither a prank nor a joke. Late in the day, the standard website for the bank began to struggle and choke as users attempted to log in. The bank’s support Twitter feed (@ChaseSupport) tweeted “*ALERT* Chase Online is experiencing intermittent issues,” to advise customers that there…

Mobile banking will break the 1 billion user mark in 4 years

03/26/201303/25/2013 L. Green

By the year 2017, studies are showing that the use of these services will have skyrocketed. The latest mobile banking study data from Juniper Research has indicated that an increasing acceptance of this type of smartphone and tablet based service has caused users to bring the number of users up to nearly 200 million. It is expected that the growing use of tablets will play an important role of the industry’s adoption. In fact, while mobile banking over tablets represents 9 percent of the total number of customers at the…

Mobile payments show signs of taking off in US

03/21/201303/20/2013 Sam Lambert

The latest figures show that approximately 12 million Americans have been depositing checks using smartphones and tablets. According to the latest numbers, estimates regarding the use of mobile payments in certain areas are actually higher than many of the predictions had expected them to be. While smartphone wallets continue to struggle to take off, certain banking behaviors are skyrocketing. The check deposit sector of mobile payments has proven to be faster in its growth and stronger overall than even the most bullish advocates of the industry had predicted. This particular…

Mobile payments partnership formed between Smartlink and Tagit

01/03/201304/13/2014 Sam Lambert

These two companies have joined together for a Vietnamese smartphone banking service. Tagit, a smartphone banking provider based in Singapore, has just announced that it has entered into a partnership for mobile payments with Smartlink, a payment switch operator from Vietnam. This new offering is geared toward allowing bank with a membership to offer smartphone services. According to the Tagit president and head of business development, Navtej Singh, “This is an important milestone for Tagit as we introduce our aggregated service, which will expand the user base on Tagit’s mobile…

Mobile payments agreement created between Vodafone and ICICI Bank

11/10/201211/10/2012 Stephanie Beck

The initial launch will occur in the eastern region of India but it will expand from there. ICICI Bank has just announced that it has joined into a partnership with Vodafone India that will allow customers to use mobile payments to purchase goods and transfer funds. At first, the service will be available in Jharkhand, West Bengal, and Bihar in the east. The mobile payments service will be referred to as “m-pesa” and will allow consumers to create an account with ICICI bank, from which their Mobile Commerce Solutions. This…