smartphone payments industry Archives

Mobile payments service in EU expands into Spain

12/19/201212/19/2012 Jesse Collins

iZettle has announced that it will be expanding into its seventh European nation. The mobile payments startup out of Sweden called iZettle has released its latest mcommerce news, which has revealed its latest entry into a new country – in this case, Spain – in order to bring its services to small businesses there. There are now 7 different countries in the E.U. in which these smartphone transactions are accepted. Among the other nations in which iZettle is providing mobile payments service are Sweden, Germany, and the U.K. In November…

Mobile payments standard to be created in China

11/30/201211/28/2012 John Montgallo

The People’s Bank of China has announced that it intends to create a national standard. There may be a mobile payments national standard available in the near future for China’s smartphone users, as the People’s Bank of China has announced its intentions to create one, said the vice-director of its science and technology department, Lu Shuchun. It is expected that the standard will use the 13.56 MHz internationally common technology. This is based on the assumption that near field communication (NFC technology) in smartphones will become the center of the…