Tech giants’ next huge battleground is Indian mobile payments market

Indian mobile payments - Flag of India

Google, Amazon, Facebook, Visa, Mastercard and others are clawing for the top spot in the country. The Indian mobile payments and digital transactions market is expected to reach $1 trillion in 2023, and there is no way that American technology giants and credit card companies want to miss out on the opportunity it presents. These companies have been scrambling to obtain the necessary licences to take leadership positions. Tech companies Google, Amazon.com Inc., and Facebook Inc. as well as credit card companies Visa Inc. and Mastercard Inc. are only a…

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Major credit card networks team up for easier mobile shopping

Easier mobile shopping - credit cards

Shopping via mobile is about to become more convenient. Visa Inc., Mastercard Inc., American Express Co. and Discover Financial Services are part of the world’s biggest card networks that have come together to make easier mobile shopping with credit cards a reality for smartphone users. Mobile shoppers abandoning their online cart costs retailers billions. While there are many convenient ways to pay when shopping via mobile, up until now, credit cards haven’t been one of them. In fact, imputing credit card details on tiny mobile screens causes many mobile consumers…

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Honda Dream Drive brings in-vehicle payments to drivers

Honda Dream Drive - In-Vehicle Commerce and Entertainment

Honda’s in-dash system prototype uses mobile technology and voice control. Honda Dream Drive is the first integrated driver and passenger in-vehicle infotainment, commerce, service and rewards dashboard in the automotive industry. The fully integrated car experience is a collaboration between Honda and Visa. Drivers will be able to order a range of goods and services via the in-dash system. The Honda Dream Drive system, an AI (artificial intelligence) based technology, was first shown as a concept during CES 2017, under a collaboration with ConnectedTravel. Since then, the Japanese auto manufacturer…

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Visa QR codes rolled out in Taiwan smartphone payments system

visa qr codes mobile payments

The quick response codes are used to make the transactions fast and easy to complete. The largest credit card company in the world will be launching a mobile payments system in Taiwan based on Visa QR codes. Local media reports have stated that the quick response codes will be central to transactions completed in the mobile wallet. Visa stated that it intends to use QR codes because they can be scanned by virtually any smartphone. By using Visa QR codes, the mobile payments have a much more universal accessibility. Many…

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mVisa QR codes to make mobile payments easier in India

India mobile phone manufacturing

The Micromax smartphone maker will be offering this solution by way of its Udio mobile app. Micromax, a smartphone manufacturer, will offer its customers mVisa QR codes for mobile payments. This feature will be available throughout India by way of the Udio mobile app. It has been made possible in a joint project between Visa and TranServ a payment solution provider. All Micromax smartphone owners will be able to use this service through the Udio app. By using the app, customers will be able to load actual cash into their…

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