O2 to be sole owner of mobile commerce service Weve

United Kingdom mobile commerce

Weve will be completely owned by O2 after company buys out other partners O2, a telecommunication service provider in the United Kingdom, is set to become the sole owner of Weve, an operator-owned mobile commerce firm in the UK. Weve was established by three large telecommunications companies, of which O2 was included. The concept behind the platform was to create a pool of consumer data that would be attractive to advertisers while also giving consumers a way to make mobile payments in a convenient fashion. Weve will have access to…

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Weve abandons plans for a mobile payments platform

Mobile payments trends wallet

Weve has announced that it will no longer be developing a mobile wallet platform Weve, a joint venture from EE, O2, and Vodafone, has abandoned plans to develop a new mobile wallet that was meant to make it easier for banks and retailers to engage mobile consumers. The company has been making an effort to break into the mobile commerce space of the United Kingdom. Thus far, Weve has found only moderate success, but it has been able to help its parent companies establish a stronger foothold in the realm…

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Mobile commerce deal to be made between Vodafone and Gemalto

Mobile Commerce

The agreement is designed to extend over the next five years. Gemalto, a digital security company, will be signing a global deal to last five years with Vodafone Group PLC, the mobile giant, in order to provide the technology for mobile commerce payment services that are slated to roll out in 2013. Gemalto is an Amsterdam based company that should be announcing the deal this week. As of yet, no financial details regarding this mobile commerce deal have been released. As the popularity of smartphones and other wireless devices continue…

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