QR Code Press

Mobile payments must not try to replicate the “card-based experience”

10/09/201410/06/2014 Jennifer Goula

According to Rob Harper, head of retail at PayPal, retailers need to try to avoid that inclination. The head of retail at PayPal has released a statement that said that if retailers want to succeed with mobile payments, then they need to improve the overall experience and stop trying to replicate the “card-based experience”. This statement was made when Harper spoke at a London Olympia an e-commerce expo. Harper made reference to recent research, which determined that in the United Kingdom last year, businesses lost £1.5 billion in mobile commerce…

QR codes may soon be permitted for mobile payments in China

10/03/201410/01/2014 Jesse Collins

There is currently a ban on these quick response codes for that purpose in the country, but that could soon change The central bank in China had previously suspended the use of QR codes for mobile payments following concerns about the level of security that is available through the application of these barcodes for that purpose. That ban was established in March, but there are now some powerful rumors saying that this ban will soon lift. As third party mobile payment services and banks start to hear that the ban…

Mobile wallets could replace traditional wallets

09/03/201408/31/2014 Stephen Vagus

Mobile applications are beginning to play a major role in commerce Mobile wallets may soon be in a position to replace their traditional counterparts. Mobile technology is becoming an increasingly integral part of society, and many people are beginning to rely on their smartphones and tablets in their daily lives. This means that mobile devices are becoming repositories of consumer information, including financial data. These devices are also storing information coming from businesses, such as digital coupons and other such offers from retailers and other organizations. Mobile wallet applications are…

New mobile payments service introduced by PayPal

08/22/201408/21/2014 Sam Lambert

PayPal unveils new service that may make mobile commerce more convenient PayPal has introduced a new service that may make mobile payments more convenient. The company has unveiled One Touch PayPal, which allows users of the PayPal application to initiate a purchase with a retail merchant with a single touch of the screen. The service is based on technology developed by Braintree, a mobile commerce firm that was acquired by eBay in 2013. Merchants that want to support the new One Touch PayPal service will have to make use of…

Is Mobile Commerce the Way of the Future?

08/18/201408/17/2014 Stephen Vagus

The world is becoming increasingly mobile-centric. People around the globe are gaining access to smartphones and the mobile Internet, and they are beginning to use their devices to make their daily lives more convenient or, at least, more connected. In a relatively short amount of time, mobile devices have become a very important part of global society, and these devices are beginning to play a large role in the financial space as well. With smartphone adoption growing rapidly, the demand for mobile commerce services is also on the rise. People…