QR Code Press

Juniper Research estimates $74 billion in NFC transactions by 2015

03/16/201203/16/2012 Jennifer Goula

The results of a recently released Juniper Research study have predicted that near field communication (NFC) will have been used for $74 billion in transactions by the year 2015. This technology is growing in its use for in-store purchases, as well as for buying transit and other forms of tickets. It is becoming an increasingly popular way to use a smartphone as a credit card or paper ticket alternative. The Mobile Commerce Markets report also indicated that the fast smartphone adoption for applications relating to commerce has not in any…

PaymentOne rebrands as PayOne for “frictionless” mobile payments worldwide

03/13/201203/13/2012 John Montgallo

PayOne, formerly known as PaymentOne, has just announced that it will be undergoing a complete rebranding of its company, which was the creator of the carrier billing “no credit card required” system of mobile commerce over 12 years ago. PayOne now has a new website and its simplified One-Click platform for mobile payments has been launched, with the purpose of providing support for mobile commerce on a worldwide scale. The world now contains almost 6 billion mobile consumer accounts, and is rapidly nearing the 10 billion mark for the number…

Industry giants join effort to accept credit card payments through mobile phones

03/11/201203/10/2012 Jesse Collins

Industry giants and market leaders are now reporting by the dozen that they are quietly working together to come up with a system for mobile payments that will allow consumers to use their mobile devices to pay for purchases with their accounts. Among the retailers were Target and Walmart, which have kept their mobile payment pursuits quite discreet, but that have been heading toward the traditional strategy to cut out as many middle-men as possible, as it may position them to compete against a number of mobile wallet platforms that…

Amex and Globe GCASH partner for online payment solution development

03/02/201203/02/2012 Jorge Gonzalez

Philippine telco giant Globe Telecom m-commerce subsidiary, G-Xchange, Inc., has announced that it is beginning a partnership with global payment and network services giant, American Express, in order to create a new online payment solution. This solution will be designed to allow smartphone owners to use their Globe GCASH mobile wallet to purchase apps, movies, music, and games, as well as other goods and services from American and British websites that accept American Express, such as for toys, clothing, and electronics. This will allow people in the Philippines to shop…

VeriFone announces release of new PAYMEDIA Universal Acceptance Platform

02/29/201202/29/2012 Jennifer Goula

VeriFone Systems, Inc. has unveiled their new PAYMEDIA Universal Acceptance Platform (UAP), which is designed to offer a full service and software suite which will give mobile network operators (MNOs) the ability to manage the acceptance of mobile wallets at merchant systems. PAYMEDIA UAP was developed to complete the circuit between merchants and mobile wallet providers, so that they have everything that is necessary for providing customers with advanced mobile couponing, promotions, and mobile payment apps. It makes certain that that the transactions from all types of mobile wallet will…