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Contact UsLatest Mobile Payments News
Square Stand for iPad makes cash registers look dull, stupid
Few days ago, Square unveiled the Square Stand, a specially designed iPad stand with an embedded card reader that creates a fancy alternative to traditional cash registers. We must say the Square Stand + iPad installation reminds us little on the iMac but I guess that was the idea — to piggyback on the proven design Apple fans are used to. In the official press release, Square co-founder Jack Dorsey described the $299 Square Stand as “elegant, fast, affordable and easy to use,” and as such – perfect for any … Read more
Dusan Belic
Google Wallet now available on Sprint’s HTC One, Galaxy Note II, Galaxy S4 and US Cellular’s Note II
Google keeps expanding the list of devices compatible with its Google Wallet service. The latest batch of phones that can sing along the search giant’s mobile payment service include Sprint’s HTC One, Samsung Galaxy Note II and Samsung Galaxy S4; as well as US Cellular’s Samsung Galaxy Note II. If you have one of those device and would like to benefit from NFC-based contactless payments, download the Google Wallet app (linked below) and try it out at the growing list of participating merchants. You’ll get as seamless as possible payment … Read more
Dusan Belic
MoneyGram unveils mobile money transfer service in South Africa
MoneyGram has teamed-up with South Africa’s First National Bank (FNB) to launch a mobile money transfer service, giving FNB account holders throughout the country an option for sending and receiving international money transfers using their mobile phones. Transactions are available for collection within 10 minutes, subject to an agent’s hours of operation and local laws and regulations. The new service builds on the existing partnership between the two companies that involved the inclusion of FNB’s branches into MoneyGram’s agent network. This in turn provided customers with nearly 1,000 new MoneyGram … Read more
Dusan Belic
Walmart brings its iPhone scan-and-checkout service to 12 new markets
Walmart is tripling the number of U.S. stores in its pilot program that lets shoppers scan items with their iPhones and pay at self-checkout counters. The “Scan & Go” program will soon live in more than 200 stores, up from about 70. And while that’s a significant progress, it only affects a small fraction of Walmart’s more than 4,000 stores across the country. The pilot began near Walmart’s home office in Bentonville, Arkansas in late 2012, expanding afterwards to Atlanta. At the moment, only iPhone users can “scan & go” … Read more
Dusan Belic
Rumor: iPhone 5S to Have Fingerprint Sensor, NFC?
According to the China Times, the rumored iPhone 5S may be incorporating some new technologies in its hardware, such as NFC and a fingerprint sensor. The two hardware components could work together to provide a new security protocol pertaining to NFC payments, allowing users to authorize payment with their fingerprint. Last year, Apple acquired a security firm, AuthenTech. Apple’s $356 million purchase of the company was focused on AuthenTech’s “Smart Sensor” technology, a fingerprint scanner that can scan 500 pixels per inch. Apple began acquiring components for the iPhone 5S during the second quarter of 2013, and the … Read more
Ian Kersey
Direct carrier billing key for driving app transaction and increased customers conversion rates
App stores like Google Play and Windows Phone Store that have implemented Direct Carrier Billing solutions have experienced a sharp increase in transaction volumes, average transactions values and conversion rates, according to a new white paper from Juniper Research and Amdocs. The research has also found that while operator storefronts and portals now account for less than 7% of the 55.9 billion app downloads in 2012, the introduction of Direct Carrier Billing solutions on third-party storefronts enabled operators to substantially increase their content revenues. And this solution works both in … Read more
Dusan Belic
There were 30 million active mobile money customers in 2012
The GSMA’s Mobile Money for the Unbanked (MMU) programme released the findings of its second annual Global Mobile Money Adoption Survey to analyze the state of the mobile money industry in 2012. The research shows the number of active mobile money users grew impressively with more than 30 million people undertaking 224.2 million transactions totaling $4.6 billion during the month of June 2012 alone. The impressive figure exceeds the 196.3 million transactions performed by PayPal customers on average each month during Q3 2012. The study demonstrates that the mobile money … Read more
Dusan Belic
iZettle brings its mobile payment accessory and service to Spain in partnership with Banco Santander
Just ahead of Mobile World Congress, iZettle is bringing its mobile payment device (and service) to Spain by partnering with Banco Santander. This in turn will allow self-employed professionals and micro merchants to accept card payments with nothing but their mobile device. As part of the deal, the bank will offer iZettle’s Chip & PIN reader which connects to Android and iOS devices sans any wires via Bluetooth — unlike iZettle’s Chip & Signature reader that plugs into a phone or tablet. Getting started with iZettle only takes a few … Read more
Dusan Belic
Binbit content now available from Opera Mini
Opera Mini users can now easily get and pay for Binbit’s mobile entertainment services thanks to the integration of Binbit’s products and services into the Opera Payment Exchange (OPX). OPX’s goal is to make mobile payments a secure and easy experience for the more than 208 million Opera Mini users around the world. As a result of this deal, Opera Mini users will be able to buy digital goods and services easily and securely on their mobile devices, through direct carrier billing in the more than 36 countries worldwide where … Read more