Tag: mobile payments technology

New Zealand to introduce new standards for mobile payments

Stephen Vagus
new zealand mobile commerce

New standards have been introduced by Payments New Zealand Payments New Zealand, a national payments organization, has launched a new set of standards that are meant to provide more stability to the country’s mobile commerce field. The standards, known as the Mobile Device Rules and Standards, are meant to provide both consumers and businesses with the protection they need to adequately operate in the mobile commerce field. Mobile commerce is becoming more popular among New Zealand consumers, but many of the platforms that are available to these people operate under…

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Preventing fraud with digital payment systems

Media24
mobile commerce payments smartphone shopping

Mobile payment systems have gained a bad reputation due to past issues with identity verification. However, in recent years digital security has significantly improved and is now more secure than manual store methods. Digital payment technology is advancing at a very rapid pace and can provide users with tools through third party applications that can be used for anything from transferring money to processing payments. Identity Verification Tools Electronic signatures allow you to sign contracts via your tablet and smart phone from home. Processes like this present security concerns; however,…

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Eftpos seeks to unify mobile payments

Jennifer Goula
Mobile games Australia

Mobile commerce competition may soon be a thing of the past The mobile commerce field is currently awash with a variety of services that are attempting to capture the attention of consumers. Competition among these services is fierce as mobile commerce is seen to have a very promising and lucrative future. The multitude of services available to consumers has created an environment in which no single mobile commerce platform is considered to be mainstream. In Australia, a mobile payments firm is seeking to create some unity in the competitive field.…

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NFC technology receives a slap in the face from iBeacon

John Montgallo
Apple NFC Technology Trends mobile payments

Near field communications have taken quite a hit by the success of Apple’s mobile payments system. When it comes to mobile payments, one of the greatest barriers to mainstream acceptance has been a lack of a standard, and while it had been looking as though NFC technology would be the fast, easy, and convenient method that would soon be taking over, Apple disagreed, and this could be defining for the industry. Though near field communications tech has been around for a while, it has not been catching on. Consumers simply…

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US Bank introduces new mobile commerce app

Stephen Vagus
mobile payments trends

Application puts a new twist on mobile shopping US Bank has developed a new application that is meant to serve as a mobile commerce platform for consumers. The application is designed to allow consumers to quickly purchase products that they may come across in their daily lives. In this way, it is quite similar to other applications of the same nature, but the application is able to provide information on products using image recognition and audio. As such, the application can be used to bring up a list of products…

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