Apple Pay app now in France and Hong Kong

iphone Apple Pay App

The iPhone mobile wallet is now available in a total of nine countries around the world. The Apple Pay app has now been launched in both France and Hong Kong. This brings the total number of countries around the world accepting this mobile wallet to nine. The most recent launch arrived in France but was followed by Hong Kong later that day. The official Apple mobile payments service website for France shows several compatible credit cards. The French Apple Pay app website shows compatibility with: Visa and MasterCard credit and…

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Mobile payments struggle in U.S. but grow worldwide

Quick Tap NFC technology service mobile payments service

The forecasts for the use of these transactions in the United States have been dropping like a stone. Although the use of mobile payments on a global scale are taking off like a rocket, in the United States, predictions are continuously being corrected in order to reduce the size of the outlook within that marketplace. The uptake of these transactions has not been anywhere near the rate of most expectations. The most recent knock to the overblown predictions about the American mobile payments marketplace has come from eMarketer. In October…

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Mobile payments preparations being made by Square

Square mobile payments

It is getting ready for the rollout with Visa and Citi behind it. Square – the largest mobile payments company, from San Francisco – has now reached a $3.25 billion valuation after raising $200 million as it readies to go global. Though it has not broken any records in its value, it is certainly up from its funding round last year. Only three years after the initial launch of Square, the co-founder of the company, Jack Dorsey (who was also the co-founder of Twitter), is now ready to take the…

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MasterCard releases latest results of its Mobile Payments Readiness Index

Mobile Commerce

The credit card giant has published the findings of its analysis of 34 countries. MasterCard Worldwide has now revealed the results of its international analysis that involved 34 countries and how prepared they are to use three different forms of technology on their smartphones, presented in the MasterCard Mobile Payments Readiness Index (MPRI). The MPRI includes an examination of how ready the various markets are for contactless point of sale, m-commerce, and person-to-person transactions using their mobile devices. What it determined was that although there were no two markets alike,…

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iResearch study shows 2011 will experience 76 percent increase in mobile payments

Mobile Payments

Mobile payments – where purchases can be made through a smartphone or tablet – are becoming much more popular, especially as 3G networks have become popular in the massive Chinese mobile marketplace. Over the last year, the growth of the use of mobile phone payments has been explosive, and an even greater increase is on the cusp of occurring. Several telecommunication operators and banks in China have had representatives discuss the opportunity presented by mobile payments. China Mobile president, Wang Jianzhou, has stated that the current cooperation of the company…

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