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Barclays makes update to mobile payments application

09/20/201309/16/2013 L. Green

Barclays continues to show interest in mobile payments Barclays, a global financial services organization based in the United Kingdom, has announced the introduction of new features to its relatively popular Pingit mobile payments application. Pingit has been the firm’s flagship mobile payments platform since its launch in February 2012. The application initially served as a platform that allowed Barclays customers to send money to friends and family, as well as others. As mobile commerce gained more attention throughout 2012, the firm began revising the Pingit application in order to be…

LevelUp aims to make mobile payments more accessible to developers

09/19/201309/16/2013 Stephen Vagus

App developers could introduce mobile payments into their applications with LevelUp SDK Mobile payments firm LevelUp has launched its LevelUp Software Development Kit, which is designed to allow developers to accept mobile payments through their applications. The vast majority of applications are available at a very low price and many developers rely on in-app purchases in order to generate a profit from their creations. Without the ability to accommodate mobile payments, many of these applications struggle to produce any significant revenue, which is a problem that LevelUp is aiming to…

Mobile payments goes hands free with PayPal Beacon

09/16/201309/16/2013 Jorge Gonzalez

The technology uses Bluetooth LE to make it possible for the service to expand. PayPal has just unveiled the very latest in its mobile payments offerings, an extension of its overall program, and is now promising to make it even easier to pay for products and services through the use of a smartphone, to the point that it is – according to the company – even simpler than using a credit card. Though there are already many other options being developed, PayPal hopes this will be the most attractive. There…

Mobile payments no fee startups still no competition for PayPal

08/28/201308/26/2013 Stephanie Beck

Even though the services may cost less, these new and smaller companies are no match for the current giant. Although the use of mobile payments hasn’t taken off nearly as quickly as many in the industry had hoped or expected, PayPal is still managing to hold its own, and to thrive, particularly when compared to the many startups that have tried to carve their own slice of the market. Even though consumers aren’t using the services very much, the market from the provider side is becoming crowded. Venture capitalists are…

Mobile payments will be bank dominated if they have anything to say about it

08/09/201308/07/2013 Jennifer Goula

Royal bank of Canada (RBC) mobile commerce platform

They are determined to not only be pioneers but to lead the industry, as well. The race to lead the way in the mobile payments and digital wallet space has been a tough struggle in most countries, including in Canada, where the Big Six banks have been doing their best to hold back the success of alternatives from other countries, such as Square an PayPal. They are trying to achieve this goal by providing the best technology in the nation for these devices. Banks are working to achieve the best…