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Mobile payments use in the United States has doubled

07/23/201207/23/2012 Jennifer Goula

Survey by IDC Financial Insights shows that Americans are embracing smartphone transactions. According to a mobile payments survey conducted by IDC Financial Insights, there has been a doubling in the popularity of transactions completed through smartphones in the United States. The research was conducted in May 2012 and looked into emerging pay method technologies. What it discovered was that 33 percent of respondents had used their devices for mobile payments at least once. It also identified significant growth in the area of prepaid cards. The report on the results indicated…

IDC mobile payments data shows one in three American consumers use these transactions

07/18/201207/16/2012 Stephen Vagus

A third of all shoppers in the United States use their smartphones or tablets to pay for things. IDC has just released the results of its 2012 Consumer Payments Survey and has determined that 33 percent of Americans had used mobile payments. The majority of these transactions were through iTunes, PayPal Mobile, and Amazon. This survey included purchases and bill payments made by way of smartphones or tablets for buying digital goods, making contactless payments through NFC technology, and apps that allow devices to become a mobile payments channel alternative…

Mobile payment isn’t being adopted as quickly as originally anticipated

01/02/2012 John Montgallo

Though many major international companies such as Google, banks, payment processors, and retailers such as Toys R Us and Gap, are working together to offer customers the ability to use their mobile devices to pay for their purchases, a recent KPMG study is showing that it will still be another few years before the payment method truly goes mainstream. In fact, the study’s results indicate that only 23 percent of consumers are currently willing to use their smartphones to complete a payment transaction instead of cash, credit, or debit. Within…

San Francisco drivers can pay for parking using NFC enabled mobile devices

12/27/201112/27/2011 Jorge Gonzalez

Mobile Payments in Parking Lots mobile commerce

The PayByPhone system in San Francisco is among the largest near field communication (NFC) projects happening worldwide, and it is allowing urban motorists to pay for their parking by way of their mobile devices. PayByPhone is one of the top international providers of mobile payments for the parking and urban marketplace. It announced that it has been selected by the San Francisco Municipal Transportation Agency (SFMTA) to add NFC enabled stickers to the 30,800 parking spaces around the city. This will provide drivers with the opportunity to use their mobile…

Google Wallet finding a place in pilot programs

12/04/201112/04/2011 L. Green

Google Wallet has seen a slow start so far, but it is starting to catch on with some big name businesses in their pilot programs to test the value of its use. Jack in the Box has announced that it will be trying the mobile payment service in 35 of its restaurant locations in San Francisco and Los Angeles. This makes the restaurant chain one of the first quick service restaurants (QSR) to give Google Wallet an active pilot trial. Subway was the first to make this step and is…