Tag: news on mobile payments

JPMorgan Chase announces investment into GoPago

Sam Lambert
Mobile Payments

JPMorgan Chase & Company has announced that it has made an investment into mobile payments technology, with the emerging provider, GoPago, Inc. GoPago is the developer of a smartphone app that is available to consumers for free, and allows them to find products and services, put them into their shopping cart, and then make their purchase. The investment has been made by purchasing Series A preferred stock from GoPago, which will provide the company’s intentions to expand with the support it needs so that it can reach into the mobile…

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Cellum showcases its secure mobile payment solution in London – Hungarian CellPay technology suitable for Western European markets

Guest Post
Mobile Payments

Budapest, February 1st 2012 – At London’s Mobile Payment and NFC conference, industry experts will exchange ideas on expected trends in mobile payment and purchasing this year. The three-day event is co-sponsored by Hungary’s Cellum Group, creator of the CellPay secure mobile payment system. The company’s innovative solutions include the MasterCard Mobile service whose world premiere in Hungary last autumn will soon be followed by its launch in other markets. Cellum’s innovative technology is not operator-specific. The Hungarian company’s CellPay system, presented by Cellum CEO & President and János Kóka…

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Mobile’s tremendous role on Cyber Monday

Stephanie Beck
cyber monday mobile commerce

Data from PayPal, eBay, GSI Commerce, and IBM has all shown that Cyber Monday this year saw a spike in mobile activity as the early holiday shopping season truly took off. Cyber Monday falls on the Monday after the Thanksgiving Weekend and has been the opportunity for online retailers to offer Black Friday-like sales to online shoppers. However, this year, with a growing number of consumers accessing the internet from their tablets and smartphones, a notable amount of the shopping on that day is occurring by way of mobile channels.…

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Operators in Sweden prepare to take part in the trend for joint ventures in m-commerce

Julie Campbell
Mobile-Commerce

Mobile providers in Sweden have announced the start of their search for a CEO for a company that will offer a unified mobile payment platform. All four of the large mobile network operators in Sweden have entered into the joint venture with equal parts in order to be able to provide consumers in the country with the ability to make mobile payments by the summer of 2012. The venture has yet to be named, but is a combined effort among Telenor, Tele2, Telia, and the Swedish branch of 3. The…

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PayPal launches mobile storefronts in New York City to help shoppers acclimate to mobile commerce

Sam Lambert
NFC Technology Mobile Payments Infrastructure

PayPal is preparing to launch their new mobile wallet product – dubbed the PayPal Wallet – in the coming months and has begun introducing consumers to what the company believes with be the future of commerce. The company has erected several virtual store fronts throughout New York City. These stores are similar to those built by British grocer Tesco in South Korea, but instead of using QR codes, PayPal is using NFC technology. The company hopes to gauge the response of consumers regarding the concept of mobile commerce, especially those…

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