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Mobile payments will be everywhere next year, says Rogers

10/22/201310/19/2013 Julie Campbell

By the end of 2014, the Canadian communications giant has announced that people will prefer to pay with smartphones. According to a statement that was released by Rogers Communications Inc. vice president of emerging technologies, David Robinson, by next year and beyond, mobile payments will become the preferred way for consumers to process their transactions. This announcement was made as Robinson spoke to developers at a conference about Android in Toronto. The hope from Rogers, which is already one of the major mobile payments players in the Canadian ecosystem, is…

Mobile payments struggle in U.S. but grow worldwide

08/01/201307/29/2013 Stephanie Beck

Quick Tap NFC technology service mobile payments service

The forecasts for the use of these transactions in the United States have been dropping like a stone. Although the use of mobile payments on a global scale are taking off like a rocket, in the United States, predictions are continuously being corrected in order to reduce the size of the outlook within that marketplace. The uptake of these transactions has not been anywhere near the rate of most expectations. The most recent knock to the overblown predictions about the American mobile payments marketplace has come from eMarketer. In October…

Mobile payments to reach 52 million per month, Visa says

07/11/201307/08/2013 L. Green

The prediction is that this monthly rate will have been achieved by the end of the year. The latest forecast from Visa has shown that it believes that its mobile payments will experience an uptake that will help to make a serious dent in the usage share, cutting into the use of physical cash. The credit card giant has predicted that there will be more than 50 million monthly contactless transactions in Europe. They feel that this number will have been achieved before the close of this year. The head…

Mobile payments in Uganda are boosting commerce

05/28/201305/31/2013 John Montgallo

The number of people using their devices to transfer funds has experienced massive growth. According to the Bank of Uganda, the number of smartphone owners who are using the mobile payments and funds transfer system that it offers increased from 2.9 million people in 2011 to a whopping 8.9 million people last year. This has generated faster financial access than commercial banks in the country have achieve in a century. In fact, the number of people who used mobile payments last year is almost twice the number of people who…

Mobile payments from Square are headed into Japan

05/27/201305/31/2013 Sam Lambert

Square Inc. mobile payments nfc technology

This is the first time that the program has moved to a country outside of North America. Square, the mobile payments platform, has just announced that it has become publicly available to consumers in Japan, in a move that is taking the service outside North America for the first time. As the iPhone is a highly popular device among the Japanese, this makes it a potentially strong location for Square. Mobile payments from Square were first available to iPhone users, before it eventually expanded to be usable for Android based…