verifone mobile payments Archives

NFC technology marketing and payments in China to favor VeriFone

12/21/2012 Jennifer Goula

Two companies in China have selected the platform to allow them to enable their merchant clients. China Mobile and the Bank of China have announced that they will be using the Paymedia Mobile Marketing Platform from VeriFone in order to enable their brands, merchants, and other third parties in order to deploy specific campaigns for NFC technology based mobile wallet services within the city of Shen Yang. This latest mobile commerce news was just recently announced by VeriFone. The Chinese bank and carrier have introduced services that include payments using…

Mobile payments for micro businesses dumped by Verifone

12/20/201212/20/2012 L. Green

The CEO of VeriFone has announced a withdrawal from direct-to-micromerchant services. VeriFone took the mobile payments industry off guard when its CEO released the surprising news that it would no longer be pursuing direct-to-micromerchant and would be selling off that part of its business. It explained that its Sail service has been unprofitable and that it would no longer be continued. The mcommerce news was released by Doug Bergeron, the VeriFone company CEO. After a year of heavy promotions of all of the company’s mobile payments services for tablets and…