smartphone money transfer Archives

Mobile payments agreement created between Vodafone and ICICI Bank

11/10/201211/10/2012 Stephanie Beck

The initial launch will occur in the eastern region of India but it will expand from there. ICICI Bank has just announced that it has joined into a partnership with Vodafone India that will allow customers to use mobile payments to purchase goods and transfer funds. At first, the service will be available in Jharkhand, West Bengal, and Bihar in the east. The mobile payments service will be referred to as “m-pesa” and will allow consumers to create an account with ICICI bank, from which their Mobile Commerce Solutions. This…

Latest mobile trends lead to development of seamless money exchange app

05/13/201205/13/2012 L. Green

New application allows smartphone users to easily split checks. Social network, Venmo, has come up with a cutting edge solution that fits beautifully with the latest mobile trends for making payments and other forms of transactions using smartphones. It is designed to eliminate the frustrating problem that can occur among friends when a bill must be split. Traditionally, one person has to pay for the item – such as a meal at a restaurant or a wedding gift – and then the other individual(s) must make an effort to…