International Mobile Commerce

Huawei mobile technology patents extension granted to Nokia

01/13/202301/12/2023 Stephanie Beck

Even with US sanctions in place, the Chinee company is continuing to hold a lead position in networking tech. Huawei Technologies Co. has managed to land a mobile technology patent licensing deal extension with Nokia Oyj, indicating that the Chinese tech giant is managing to hold onto its leadership position in networking tech in the face of strong US sanctions. The deal also demonstrates the continuing interest in access to Huawei’s next gen telecom patents. The US has accused Huawei of posing a national security threat, but the international interest…

Wireless service in Russia experiencing measured drop as tech departs

01/12/202301/11/2023 L. Green

Russian telecoms are expected to see increased problems and outages with Nokia and Ericsson departure. Telecom companies are already starting to see reductions in their wireless service quality in Russia as restrictions start showing their impact. The law reigns in Russian military coverage of operations occurring in Ukraine, leading to problems. Nokia and Ericsson both left Russia at the end of 2022, and with the calendar turn into the new year, it was already becoming obvious that problems such as dropped calls, reduced wireless service speeds and increased outages were…

Mobile wallet use now higher in the Netherlands than Spain

01/05/202301/04/2023 Jennifer Goula

Though Spain had been holding the lead spot in Europe, 2022’s third quarter lost its crown. New data released by PYMNTS has revealed that mobile wallet use in Spain has now fallen behind the Netherlands. A collaboration between PYMNTS and Stripe showed that the Netherlands saw notable growth. A report by Connected Economy called “how the World Does Digital: Different Paths to Digital Transformation”, a collaboration between PYMNTS and Stripe showed that 13.6 percent of consumers in the Netherlands completed their in-store purchases using a mobile wallet in the third…

Romania has highest mobile payments use of all Central and Eastern European Countries

12/12/202212/09/2022 Jorge Gonzalez

A recent Visa regional study found that Romanians have the greatest preference to use their phones to pay. Visa recently conducted a regional study on preferred transaction methods and found that Romania had the highest preference for using mobile payments among all eight Central and Eastern European (CEE) countries. The adoption rate for the country was the highest, with about 7 of 10 people using this method. The regional study showed that among CEE countries, Romania had the highest mobile payments adoption rate. Seven in 10 people in the country…

Indian Paytm QR code scans make scooter rentals fast and easy

12/09/202212/08/2022 John Montgallo

The leading payments and financial services company in India is helping build a cashless economy. India has been pushing hard to become a cashless economy, and services such as using a Paytm QR code to rent a scooter helps to provide an image of the direction the country is taking through the use of mobile phones. Paytm has played a substantial role along the country’s road to eliminating the use of cash. The mobile payments company has seen a substantial rise in India and has become the leading financial services…