A new service has now used an ATM-like water dispenser that will accept transactions via phone. Ericsson and Grundfos (a global pump company) have come together to create a mobile payments service accepting water dispenser. The machine functions like an ATM, except that people withdraw clean drinking water instead of cash. Moreover, people don’t need to have cash or credit card accounts to use it as long as they have their mobile phones handy. The water access service is from a partnership between the Scandanavian tech company and Grundfos AQtap.…
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Mobile payments firm launches ambitious new product
iZettle launches new capital advance product, expanding into new markets iZettle, a European mobile payments firm, has announced that it is expanding services that will be tantamount to offering small business loans. The service, which is designed to be a capital advance product, is called iZettle Advance. The new service will be available to a small number of customers that require funds to grow their business operations. This will allow the firm to cater to a wider range of customers, enabling organizations to embrace mobile commerce and allowing iZettle to…
Read MoreL’Oreal launches mobile payments for instant purchases
The company has announced the start of the drive that runs through a partnership with Powatag. L’Oreal USA has now entered into a new partnership with Powatag, for the purpose of giving consumers the chance to use their smartphones to make mobile payments and instantly complete m-commerce purchases through interactions with print and television advertisements, retail stores, e-commerce, and even social media. The Powatag app gives shoppers the ability to make a purchase whenever they want, with greater convenience. This mobile payments app makes it possible to make a purchase…
Read MoreConvenient store chain launches its own mobile payments app and loyalty initiative
Wawa launches new application that can support mobile payments Wawa, a convenient store chain that is based in the eastern United States, has launched its own mobile application that supports payments and serves as a connection to the company’s loyalty program. The new application is designed to appeal to mobile consumers that are interested in making payments from their smartphones. The new app will be supported by Wawa’s 680 stores along the eastern United States and may serve as a way for the company to effectively engage mobile consumers. Wawa…
Read MoreSoftcard mobile wallet hit by layoffs
The smartphone based payments venture with wireless company backing is undergoing a restructuring. According to Softcard, the mobile wallet service that was launched by Verizon Wireless, AT&T, and T-Mobile, the company is undergoing a restructuring which has caused it to lay off 60 of its employees. This wave of layoffs at the mobile payments technology company impacts between 12 and 30 percent of its workers. That range is based on the range of the staff size of the company that has been listed on its LinkedIn account. That said, the…
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