Tag: nfc mobile commerce

McDonald’s and Paybox team to test new mobile payment system

Sam Lambert
McDonalds mobile payment system

Cloud-based mobile commerce Fast food giant McDonald’s has announced that it will be participating in a new NFC-based mobile payment system this year. The company will be working with Austrian telecommunications companies A1 and Paybox Bank. These two companies have designed a new mobile payment system that is based on cloud-computing. Most other payment systems make use of microchips and PIN technology. Paybox believes that a cloud-based system would be much more secure and more intuitive to use for consumers. As such, the company has launched a campaign to test…

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Orange expands availability of Quick Tap application to Android devices

Sam Lambert
Quick Tap NFC technology service mobile payments service

Quick Tap to enter the Android market UK telecommunications company Orange has announced that its popular Quick Tap NFC service will find its way to some Android mobile devices in the coming weeks. Quick Tap was the first NFC service to come to the UK and is the result of a partnership between Orange and Barclaycard, one of the country’s largest financial institutions. Quick Tap has been somewhat popular in the UK for its ability to facilitate mobile payments. The availability of the Quick Tap application was limited, however, and…

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NFC mobile payments to replace cash and credit cards by 2020

Sam Lambert
NFC Technology

Mobile commerce set to become powerful force in financial world Mobile commerce is quickly becoming a formidable force in the world of business and finance. The emerging industry is powered by NFC technology, which can turn mobile devices into payment platforms. NFC has become a focus for telecommunications, credit and financial companies around the world because it could change the way commerce works. Mobile commerce is not free from skeptics, however, as many believe that NFC technology will never reach a point where it can replace traditional credit cards. This…

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Gemalto to provide platform for ISIS NFC mobile commerce

Sam Lambert
Mobile-Commerce

The American NFC contactless mobile payment service, ISIS, which is a joint venture among the major U.S. mobile network operators, Verizon Wireless, AT&T Mobility, and T-Mobile, has selected the trusted solution for service managers, Allynis from Gemalto, as its central mobile commerce platform. According to the chief marketing officer for ISIS, Ryan Hughes, Gemalto was chosen due to its long established relationships with both mobile operators and various trusted financial organizations. He explained that this meant that Gemalto could provide significant experience in offering services to the consumer, which involve…

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Predicted Apple and Google Wallet will pressure MNOs into heavy mobile payment rivalry

Jorge Gonzalez
Mobile Commerce

Mobile wallets are at our doorstep, and though mobile network operators (MNOs) will be offering most of the mobile wallets based on NFC, from 2012 to 2016, their massive slice of the market will begin to decrease in size as Apple and Google start to draw their own loyal users. According to ABI Research senior analyst for mobile commerce and NFC, Mark Beccue, by the end of 2012’s fourth quarter, “Google will prove that Google Wallet is a hit with consumers. By 2014, we will see Google Wallets supported alongside…

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