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Mobile payments deal between Visa and Monitise is formed

03/11/201303/09/2013 Jesse Collins

The new agreement for more than $59 million is meant to help extend smartphone money in Europe. Visa is now predicting that by the year 2020, over half of the transactions that are made by consumers in Europe will be done through mobile payments, so it is continuing to invest in this channel so that it will remain at the heart of this type of transaction. This is only one of several deals that Visa is currently making to stay central to this industry. The mobile payments partnership between Visa…

Mobile wallet demoed to allow restaurant patrons to pay at the table

03/06/201303/05/2013 L. Green

A new integrated payments system demonstration at an Innovation event to set the bar for 2013. Cloud based mobile wallet provider, Padiant, has announced its latest solution which includes a pay at the table service for restaurants. The first demonstration of this product will occur at an event that will be held at Harvard. Later this month, the first view of the mobile wallet service will help companies, restaurants, and smartphone users to see a glimpse of the type of service that they should expect to become much more mainstream…

Mobile wallet trial in Salt Lake City shows increasing activity

02/08/201302/06/2013 Jesse Collins

The latest statistics have shown that the NFC technology based payments average 5 transactions per user per week. While mobile wallet projects may have had a slow start, causing some to doubt whether or not they’d ever take off, the Isis trial in Salt Lake City is starting to show that once people adopt the service, they become active users. Isis remains in its very earliest phase, existing only in official trials within two cities at the moment. According to Jim Stapleton, the chief sales officer for the mobile wallet…

Mobile payments smartphone application unveiled by PDS

01/12/201304/13/2014 Sam Lambert

Payment Data Systems Inc. has now launched its dynamic iRemotePay app at the App Store. Payment Data Systems Inc. (PDS) is an integrated electronic and mobile payments solutions provider, which has just announced its most recent release, that consists of the iRemotePay application, which is now available to Apple device users at the App Store. The application was developed specifically for iPhone users but is also compatible with iPads and iPod Touch. When the app is combined with a compatible card reader device through the Apple mobile device, it gives…

Mobile payments service formed through LevelUp and First Trade Union Bank partnership

12/07/201212/05/2012 Jennifer Goula

The two companies have come together to offer smartphone users a digital wallet. The First Trade Union Bank in Boston has announced that it is going to become one of the earliest banks in the area to offer a mobile payments app to its customers, to allow them to make purchases using their smartphones. The institution is a small community bank with only two branches, located in New York and Boston. It intends to launch its mobile payments application near the beginning of next year through a newly formed Scvngr…