The service will allow consumers to be able to use their accounts and smartphones for paying. J.D. Sports, a sports fashion chain in the United Kingdom, has now launched a mobile payments transaction method availability throughout all six of its brands and across 630 different stores in the country. This service uses the online service, PayPal, according to the latest reports. This new mobile payments service has made it possible for shoppers to the sports clothing store to be able to bring their purchases to the cash register and pay…
Read MoreTag: smartphone transaction
U.K. Mobile Payments to reach 20 million users by 2020
The Centre for Economic and Business Research also sees large increases in purchasing over smaller screens. According to a recent report providing information on a study conducted by the Centre for Economic and Business Research (CEBR), the use of U.K. mobile payments is going to explode over the next seven years, while at the same time, people in the country will be using their smartphones and tablets to buy a growing number of products and services. The prediction is that this year’s $7.85 billion in purchases will have risen to…
Read MoreMobile payments mass adoption may depend on women
Experts in the industry are suggesting that female consumers may lead the way in this technology. The Mobile World Congress revealed a number of important insights, including a number of speculations regarding mobile payments, including predictions about the trends that will soon lead the environment. Some of the upcoming partnerships within the industry were also revealed at this industry gathering. For instance, MasterCard revealed that they would be having a special segment on Morning Brew, in which they revealed some of the innovation that they unveiled at their booth. Similarly…
Read MoreNFC hybrid online and mobile payments service tested by ING and MasterCard
The companies are hoping to take advantage of the security of smartphones with contactless technology. MasterCard has joined forces with ING in order to test a new form of mobile payments system that leverages the security available through near field communication (NFC) equipped smartphones. These devices can make short range data transfers and is seen as a tremendous mcommerce opportunity. The trial will be focused on the PayPass app from MasterCard. It will examine two primary scenarios for use. The first is for using a smartphone to shop on the…
Read More