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Mobile payments from MasterPass focuses on quick service restaurants

05/20/201305/18/2013 Stephanie Beck

NFC Mobile Payments Mastercard QR Code PayPass MasterPass

MasterCard has added its smartphone friendly transactions to the Burger King delivery program. MasterCard has just announced that BK Delivers, the Burger King delivery program, is the latest to add its name to the businesses that are now accepting the MasterPass mobile payments program. This most recent addition came alongside U.S. LivingSocial also having joined to use the transactions. MasterPass is a mobile payments digital wallet that was initially introduced in February at a large technology event. It functions by keeping the payment and shipping information of a customer all…

Mobile payments may be coming to WeChat

05/07/201305/06/2013 Jennifer Goula

The next version of the service is rumored to include smartphone transactions and paid publishing. It is already known for certain that the popular social messaging app, WeChat, from Tencent, will soon include a social gaming platform, but the latest rumor is that mobile payments will also be included in the mix. This is one of the three major features that Guan Peng is predicting for the application. Peng, an industry analyst, has said that the next WeChat app update, the v5.0 for Android and iPhone, will support three considerable…

Mobile payments industry report shows great potential in Mexico

05/07/201305/06/2013 L. Green

A new analysis of alternative transactions for Mexican consumers has shown possible future success. A report has just been issued that is providing considerable insight into the role that mobile payments is currently playing and that it will play in the future, when it comes to the consumer financial services environment in Mexico. The landscape in that country at the moment is driven by innovations in technology and regulatory changes. These have allowed consumers to be able to open up more accounts, but has also made for a very natural…

Mobile payments will pick up with penetration of 4G

05/03/201305/01/2013 Jesse Collins

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MasterCard has believed that as these networks become more common, so will smartphone transactions. According to a recent statement from MasterCard, the increase in 4G networks will be central to driving an entirely new wave of innovative mobile payments options and services that merchants will be able to offer to their customers. The 4G networks will be central to engagement and innovative interactions between companies and businesses. Garry Lyons, the chief innovation officer for MasterCard, explained that 4G networks will provide the ability to be able to offer greater engagement…

Mobile payments at Starbucks approaching a weekly 4 million transactions

05/01/201305/01/2013 Jorge Gonzalez

Starbucks Card Mobile commerce payments App

The use of the application is becoming a regular part of the daily experience for customers. Starbucks is continuing to report very impressive numbers for the use of mobile payments in its cafes, as the use of the related app becomes a regular part of the customer experience in its locations. The latest reports have shown that analysts are also continuing to find this success highly appealing. Howard Schultz, the CEO of Starbucks, spoke with analysts last week in order to discuss the Q2 earnings for this year. He explained…