european mobile payments Archives

Strategic partnership looks to expand mobile payments in Europe

10/08/201310/05/2013 Jorge Gonzalez

SK C&C to launch new mobile payments services in Europe South Korean technology firm SK C&C is set to launch its new Trusted Service Manager services in Europe later this year. These services are designed to support NFC-based mobile payments throughout Europe. The company formed a strategic partnership with Wirecard AG, a financial service firm based in Germany, in order to bolster its presence in the European mobile payments space. Both companies plan to commercialize the Trusted Servicer Manager services by the end of the year. NFC remains prominent mobile…

Mobile payments leaders battling it out in Europe

03/18/201303/16/2013 Jesse Collins

The three largest names in the sector have made themselves known as PayPal, Square, and Intuit. The mobile payments market in Europe is finally starting to experience some meaningful growth in Europe and the United Kingdom, and the biggest names in that industry are starting to find themselves in a fierce competition. For instance, Intuit Pay has now finally been launched in the U.K. for card transactions over these devices. This is a market in which Intuit had not previously had a standing, but where it has now given itself…

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 payments from PayPal are now in Europe

02/25/201302/23/2013 Jesse Collins

A European version of the smartphone transactions service is now available for small merchants. After much waiting from merchants in Europe, a version of PayPal Here has now been launched to provide them with mobile payments as the company established itself to directly compete with its rivals in the market, such as Square Inc. This service is now available to small merchants in European countries for smartphone and tablet transactions. At the same time as the announcement that the mobile payments were moving into Europe, PayPal also unveiled a brand…

Mobile payments service in EU expands into Spain

12/19/201212/19/2012 Jesse Collins

iZettle has announced that it will be expanding into its seventh European nation. The mobile payments startup out of Sweden called iZettle has released its latest mcommerce news, which has revealed its latest entry into a new country – in this case, Spain – in order to bring its services to small businesses there. There are now 7 different countries in the E.U. in which these smartphone transactions are accepted. Among the other nations in which iZettle is providing mobile payments service are Sweden, Germany, and the U.K. In November…