BOKU Signs Agreement with Sprint to Bring More Mobile Payment Options to Sprint Customers

PRESS RELEASE

May 3, 2012, 11:00 a.m. EDT

Agreement enables online and on-device purchasing from BOKU's extensive online merchant network using BOKU's bank-grade mobile payments technology

SAN FRANCISCO, May 03, 2012 (BUSINESS WIRE) -- BOKU, Inc., the global leader in online payments, announced today an agreement with Sprint S -3.50% that will allow Sprint customers to easily and securely charge online purchases to their Sprint wireless bill through a simple two-step authorization process.

Sprint customers will be able to make purchases online from BOKU's extensive merchant network of Web-based gaming companies, social networks and service providers. BOKU's mobile payments system on Sprint includes top-tier merchant partners Electronic Arts, Riot Games, Jagex, Stardoll, Kingisle and Gaia Online.

"Mobile commerce is one of the fastest growing segments in the wireless industry," said Fared Adib, vice president of Product, Sprint. "Sprint is committed to giving our customers safe and secure options for making purchases using their wireless device, whether it is through direct carrier billing or using a mobile wallet. Adding mobile purchasing with BOKU will allow Sprint customers to continue to charge online digital purchases from more merchants right to their monthly Sprint bill."

Purchases can be made right on the user's Sprint phone or tablet, or on an alternate device such as a home computer. Once the user submits their purchase, they simply authenticate the payment and the charge appears on their monthly Sprint billing statement. Customers don't have to expose any sensitive account information while using the service.

In addition, BOKU's technology allows developers, merchants and entrepreneurs to easily incorporate on-device purchasing into applications. BOKU provides API-level support tightly integrated with Sprint's platform to allow on-device purchasing, advanced capture and transaction processing capabilities, along with the ability to pass refunds directly back to the customer's account.

"This agreement is a welcome expansion of BOKU's direct carrier relationships here in the U.S." said BOKU President Ron Hirson. "Most importantly, Sprint is focused on the future and strongly believes in empowering developers to drive innovation in the market. They focus on providing developers with the best tools and an industry-leading network. We're proud that they chose BOKU as a mobile payments platform to serve both their developers and their customers."

Sprint is an industry leader in mobile commerce solutions, offering Google Wallet on the Nexus S(TM) 4G from Google(TM), the first NFC-enabled mobile commerce solution in the U.S., as well as BilltoMobile(TM) solutions and Sprint Mobile Wallet, which stores customers' credit card and loyalty card information, allowing them to make online purchases on their device.

About BOKU

BOKU, the leading online mobile payments company, brings bank-grade payments technology and mobile users together, creating a trusted, accessible platform for consumers, merchants and carriers alike. Based in San Francisco with offices in Europe and Asia, BOKU reaches nearly 4 billion consumers worldwide, across 66 different countries. Leading Silicon Valley entrepreneurs and venture capitalists fund BOKU including Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures, Khosla Ventures and NEA. For more information visit: www.boku.com

SOURCE: BOKU, Inc.

Here's What the New iPhone May Feature

News 1 new result for "Near Field Communications"

Here's What the New iPhone May Feature TheStreet.com "We expect it to have Near Field Communications (NFC), a larger screen and a better camera -- and it will be done without conceding battery life," Smith said in a recent interview. "Apple needs to continue to improve the competitive advantages it ... See all stories on this topic » TheStreet.com

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Apple is the Sleeping Giant Within The Mobile Payment Industry

ePaymentNews                                "Near Field Communications News"

Apple: Sleeping Giant Within The Mobile Payment Industry Seeking Alpha The leading technology is Near Field Communications, otherwise known as NFC utilized by ISIS, Google Wallet and PayPal.  Additionally, you have proprietary systems like Starbucks Card Mobile. NFC emits a short range, high frequency signal to communicate ... See all stories on this topic »

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MasterCard Certifies NFC Phones from HTC, Intel, LG Electronics, Nokia, RIM, Samsung Electronics and Sony

MasterCard (Photo credit: Wikipedia)

May 03, 2012 10:00 AM Eastern Daylight Time 

Unveils “MasterCard PayPass Ready” brand mark for device manufacturers

PURCHASE, N.Y.--(BUSINESS WIRE)--MasterCard Worldwide today announced several near field communications (NFC) enabled smartphones have been certified for use with MasterCard PayPass® technology, providing consumers with devices capable of making fast, secure contactless payments at hundreds of thousands of PayPass merchant locations around the globe. The new MasterCard-certified devices include the BlackBerry® Bold™ 9900 / 9790 and BlackBerry® Curve™ 9360 / 9380, HTC One X, Intel® Smartphone Reference Device, LG Viper™ 4G LTE, LG Optimus Elite, Nokia 603, Nokia Lumia 610 NFC, Samsung Wave Y, Samsung Galaxy mini 2, Samsung Galaxy S Advance, Samsung Galaxy Nexus (GT-i9250), Sony Xperia S, Sony Xperia P and Sony Xperia sola.

“We are pleased to support the MasterCard PayPass Ready brand mark as it provides consumers with a visual confirmation that an NFC-enabled BlackBerry smartphone can easily be enabled with a MasterCard account for tap-and-go payments”

MasterCard also unveiled a new brand identifier – “MasterCard PayPass® Ready” – now available to device manufacturers to use with NFC-enabled smartphones that have been tested and certified by MasterCard for use with PayPass technology. The MasterCard PayPass Ready identifier will signify a device is available for commercial deployment of PayPass, and can be included as a sticker on the approved device, and in an approved device’s packaging, marketing collateral and advertisements. Nokia and BlackBerry-maker RIM are among the first handset manufacturers committed to supporting this brand mark.

“Nokia is honored that the Nokia Lumia 610 NFC will be one the world’s first smartphones to include MasterCard’s PayPass Ready brand mark,” said Andrea Bacioccola, NFC Lead Program Manager, Nokia. “This sends a clear message to operators, banks and other service providers that Nokia is able to quickly enable their payment services on this smartphone.”

“We are pleased to support the MasterCard PayPass Ready brand mark as it provides consumers with a visual confirmation that an NFC-enabled BlackBerry smartphone can easily be enabled with a MasterCard account for tap-and-go payments,” said Andrew Bocking, SVP Software Product Management, RIM.

By working closely with standards bodies including EMVCo and the NFC Forum, MasterCard continues to lead the industry in testing and certification processes for mobile payment devices. Devices certified by MasterCard go through a rigorous testing process by a MasterCard-accredited laboratory to ensure devices are functionally reliable and interoperable.

“In the near future, millions of phones will ship with NFC technology embedded within them. The new PayPass Ready identifier will help consumers make informed device purchasing decisions by providing a visual mark that indicates devices are certified to make simple, smart and secure payments via the MasterCard PayPass network,” said Mung Ki Woo, group executive, Mobile at MasterCard.

About MasterCard

MasterCard (NYSE: MA), www.mastercard.com, is a global payments and technology company. It operates the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Cashless Conversations Blog and subscribe for the latest news.

32 Breaking Mobile Payment News Stories for May 3rd 2012

ePaymentNews                        32 new results for "Mobile Payment"

Mobile apps and technology change the way consumers look at cash San Jose Mercury News Mobile payment is a huge business that's about to get even bigger. By this time next year, according to a Juniper Research study, the combined market for all types of mobile payments could reach more than $600 billion worldwide, which would make it ... See all stories on this topic »

How Safe Are Mobile Payments? U.S. News & World Report Mobile payment applications like the Isis Mobile Wallet, Google Wallet, Square, and LevelUp turn your cell phone into a payment source: Just store your debit card or credit card information on the phone and scan the device at checkout. See all stories on this topic »

Mobile payment volume up 74% to 1trln yuan in '11 China Economic Net According to the data, by the end of 2011, the number of mobile payment users in Chinese banks had reached 145 million with a volume of 247 million transactions and an amount of nearly RMB 1 trillion Yuan last year, growing 109 percent and 74 percent ... See all stories on this topic » China Economic Net

Payfirma opens its mobile payment app for developers (Canada) Wireless Federation Payfirma, the company creating simple, fast, and secure mobile point of sale products for businesses, has opened up its mobile payment platform to developers. Any third party mobile application for iPhones, iPads, or Android devices can now accept ... See all stories on this topic »

Adapt laws to allay mobile payments privacy fears - Berkeley researchers. Finextra Americans overwhelming reject mobile payment systems that track their movements or share identification information with retailers, and legislators should considering tweaking credit card laws to address their concerns, say researchers at the ... See all stories on this topic » Finextra

XL Chooses TIBCO Software to Power New Mobile Payment Solution for More Than ... Technology Digital (press release) PALO ALTO, CA--(Marketwire - May 1, 2012) - TIBCO Software Inc. ( NASDAQ : TIBX ) today announced that PT XL AxiataTbk (XL), Indonesia's second largest mobile carrier, has chosen TIBCO software to power its new mobile payment solution, expanding its ... See all stories on this topic »

Charge Anywhere reveals BlackBerry NFC payments app NFCNews The Charge Anywhere Mobile Payment App for BlackBerry enables business owners to accept payments on their BlackBerry smart phone or PlayBook and securely process credit and debit cards on the go. Now, businesses operating on the BlackBerry 7 OS ... See all stories on this topic »

CHARGE Anywhere releases NFC mPOS solution for BlackBerry Mobile Payments Today With CHARGE Anywhere's Mobile Payment App for BlackBerry, merchants can accept payments on BlackBerry smartphones or PlayBook devices. NFC-enabled credit and debit cards carrying Visa payWave or MasterCard PayPass need only be tapped on the devices to ... See all stories on this topic »

The Future of Money and Mobile Commerce Mashable Mobile payment hasn't become the de facto method of financial transactions just yet, but it is projected to overtake those archaic checkbooks and bank notes you've been lugging around. Our friends at SapientNitro have compiled research to create this ... See all stories on this topic »

How design will make or break your mobile company in 2012 VentureBeat Design is determining the winners in everything mobile, including apps, enterprise services, mobile payment providers, and more. Ask yourself what is the most disruptive, dynamic company today, and why? Well, we'd guess your answer is one of two ... See all stories on this topic »

Gift services could be the key to success in mobile commerce QR Code Press The company has also met staunch opposition from the ISIS platform, a mobile payment system developed as a joint-venture from Verizon, T-Mobile and AT&T. Late last year, ISIS was able to acquire the support of most of the world's major financial ... See all stories on this topic » QR Code Press

SalesVu Launches Version 2.0 for iPads, iPhones in Canada and US Daily Deal Media By Preetam Kaushik - Daily Deal Media May 2, 2012 SalesVu, developer of mobile and software-as-a-service solutions (SaaS), has launched an update to its mobile payment application specifically for iPhones and iPads. SalesVu 2.0, said to be the only ... See all stories on this topic »

Talks on for Cambodian tablet Phnom Penh Post Mobile payment company Wing was in talks on partnering with a US technology firm that plans to assemble Android tablets in Cambodia, in what could be another step away from the country's staple manufactured good – garments. Although a final partnership ... See all stories on this topic »

M-commerce moves into the mainstream Marketing Week Contactless mobile payment is another technology that has not yet enjoyed high adoption despite high awareness. Three-quarters of smartphone owners know of its existence, but only 4% have used their mobile to pay for something at a checkout, ... See all stories on this topic » Marketing Week

O2 mobile wallet goes live ITWeb ... as long as they have Web browsing capability on their handsets, Computer Business Review reveals. O2 and Visa had originally planned to launch the O2 Wallet last year, but delayed the product for further testing. Like most mobile payment systems, ... See all stories on this topic »

LevelUp's Race Against Walmart & Target BostInno Not surprisingly, LevelUp is thinking hard about the Walmart's and the Target's of the world, and it believes that both will be developing their own brand specific mobile payment apps. Just as brands like Macy's push their own credit cards, ... See all stories on this topic »

CHARGE Anywhere takes NFC payment app to BlackBerry Mobile Entertainment "We are proud to say that CHARGE Anywhere is the first Mobile Payment App provider to support NFC initiated credit and debit card payment acceptance on BlackBerry NFC enabled devices," said Paul Sabella, CEO of CHARGE Anywhere. See all stories on this topic » Mobile Entertainment

Consumers leary mobile payments are being used to plunder personal information IntoMobile Moreover, to know ones surprise, mobile payment is common in many parts of the world, and slowly gaining acceptance in the United States, particularly with young consumers aged 18 to 44. The "concern" that people have with mobile payments, ... See all stories on this topic »

Apple television may not launch until 2014, says analyst CNET Moskowitz believes Apple may unveil a mobile payment system, which JP Morgan has dubbed "iPay." Such a system would tap into NFC-enabled smartphones and tablets to let Apple users pay for goods and services on the go. So far, the necessary NFC hardware ... See all stories on this topic »

Simplicity, Usefulness Should Guide Mobile Wallet Development American Banker (subscription) Citigroup Inc. learned this lesson in various partnerships and experiments around the world; consumers respond best to simpler mobile-payment offerings that build on established habits and behaviors, according to Robert Schlaff, Citi's global product ... See all stories on this topic »

M-payment joint ventures face opposing forces Telecompaper (subscription) "The danger is that operator mobile payment ventures will not move quickly enough, hampered by lack of consensus and slow decision making. There are also fundamental questions about how substantial revenues from such large scale collaborative ventures ... See all stories on this topic »

Payfirma makes m-payments platform available to developers Telecompaper (subscription) Canadian mobile payment processing technology company Payfirma has made available its mobile payment platform to developers, allowing third-party mobile applications for iPhones, iPads or Android devices to accept mobile payments in-person with a ... See all stories on this topic »

HTC Flaunts Sprint EVO 4G LTE Camera Performance; Will New Smartphone Upset ... International Business Times As a treat to its customers, Sprint has also promised the availability of the Galaxy Nexus backed by the 4G LTE capability and the Google Wallet feature (Google's mobile payment service missing in Verizon Galaxy Nexus). So, does the HTC Evo 4G LTE have ... See all stories on this topic » International Business Times

How Nook will function with NFC TG Daily However, it won't be part of a mobile payment solution for the retailer. Instead, B&N wants to use it mostly as a research tool. Here's the idea - if you own a Nook with NFC, you could go to a Barnes & Noble retail store. If you pick up a book and are ... See all stories on this topic » TG Daily

PayPal teams with regional FI on P2P payments Mobile Payments Today And while it isn't strictly a mobile payment solution, the companies said they have a series of collaborations to announce this year. (And PayPal account holders will have a simpler way to tie in Bancorp accounts to fund P2P payments through PayPal's ... See all stories on this topic »

How some western entrepreneurs are abandoning Silicon Valley for Africa How we made it in Africa We saw an opportunity to help redefine commerce and be a part of something meaningful," says Ben Lyon (26), a US expat who co-founded Kopo Kopo, a web based mobile payment gateway that helps businesses process mobile payments in real time. See all stories on this topic » How we made it in Africa

In-app gaming turns serious cash for developers Android Apps Appolicious ... which recently soared past 50 million downloads, has demonstrated the potential of mobile gaming, and Google hopes to reiterate Android's status as a game distribution platform through its Play Store and Google Wallet mobile payment tool. See all stories on this topic »

Easy Exit: A Matchmaker For Startups And Corporations Forbes If a retailing chain, for example, needs in-house mobile payment processing, Howerton and Hoch will recruit a team and oversee the creation of a company suited especially for that purpose. TechNexus will invest in startups alongside corporate clients ... See all stories on this topic » Forbes

Chope works with Burpple to create mobile restaurant reservation app SGentrepreneurs (press release) Restaurants are starting to flock to mobile services like Perx, a loyalty card app, Swiff, a mobile payment service, online reservation apps like Chope and Reserveit.sg, as well as food delivery websites like FoodPanda and Dealivery. See all stories on this topic » SGentrepreneurs (press release)

Arcontia launches dual interface smart card reader Contactless News Its application possibilities include e-ticketing in public tranpsort, ID verification, NFC mobile payment applications and special event ticket validation. Based on the 13.56 MHz contactless technology, the CAS2340 is compatible with PCs, ... See all stories on this topic »

Illume Mobile Partners With Tabbedout to Enhance Mobile Options for the ... Review seeker (press release) ... Mobile" or the "Company"), a leading provider of mobile technologies, apps, and solutions for business, is proud to announce its partnership with Tabbedout, creator of a mobile payment solution that enables customers to open, view and pay their b. See all stories on this topic »

Should Apple buy Foursquare? MSN Money And if the Cupertino giant acquired both Foursquare and mobile-payment system, Square? That'd be the "holy trinity." But a partnership might be a better option: Apple might not need to spend money to take advantage of Foursquare, says MacStories. See all stories on this topic »

Blogs 6 new results for "Mobile Payment"

Commerce Weekly: Mobile payments and the consumer experience ... By Jenn Webb Competition in the mobile payment space is heating up, as Square's payment pace closes in on PayPal's, according to a report at Bloomberg. The report highlights a recent move by Square to lure in merchants: "The San Francisco company is ... O'Reilly Radar - Insight, analysis,...

Dorsey discusses mobile payments | Stanford Daily By Aaron Sekhri The presentation featured Dorsey, Square Chief Operating Officer Keith Rabois '91 and Square Vice President of Hardware Jesse Dorogusker '93 M.S. '97 engaging in an open discussion of the nature of the mobile payment business, the ... Stanford Daily

Rumor: Apple developing iPay as the next iPhone becomes your ... By Christian Zibreg In addition to opining that the time is not right for an Apple-branded television set until 2014 due to dire economic conditions, the same credible analyst also advised clients that a mobile payment platform from Apple is to be expected. He calls ... iDownloadBlog.com

Mobile Commerce And Payments : How They Will Reign The Future ... By Samir Saleem But are consumers ready to whole heartedly adopt the latest in mobile payment technology? Adults who are unbanked, for instance, may face a barrier to mobile transactions — there are currently 17 million unbanked adults in the U.S. But ... The Technology Cafe - Social...

Apple, Google, Amazon Microsoft: Who Wins the Ecosystem War ... By Gary Kim Apple will have to create a mobile payment service, as will Microsoft. Google and Facebook will have to get more share of the e-commerce and mobile commerce transactions, and all will deepen the activities they now already support around ... IP Carrier

We need a new type of bank AccMan By admin For large payments (say in excess of £/$/€1000) I'd say we're going to be stuck with the current system for some time unless there is a way to make it easy to execute secure mobile payment approvals. Right now, I'm not convinced that mobile ... AccMan Pro

Web 7 new results for "Mobile Payment"

White paper on how mobile payment will transform corporate travel At present, however, implementation and under- standing of mobile payment is limited. In a survey of buyer members of the Association of Corporate Travel ... hotelmarketing.com/.../white_paper_on_how_mobile_paymen...

Payfirma opens up mobile payment platform to developers Finextra Research: Latest financial technology news, retail banking news, wholesale banking news, analysis and features. www.finextra.com/news/announcement.aspx?pressreleaseid...

TGI Friday s Adds Tabbedout s Mobile-Payment App ... Consumers ability to pay for a restaurant or bar tab with a smartphone went from small scale to mainstream with TGI Friday s Inc. s decision to use Tabbedout s ... www.paymentssource.com/.../TGI-Fridays-Adds-Tabbedouts-...

Almost 75% of Americans don't want mobile payment systems Nearly every major player in the mobile space is pushing to be number one in mobile payments, but it turns out that no one bothered to check with consumers to ... www.phonearena.com/.../Almost-75-of-Americans-dont-want-...

Making a Mobile Payment is like Floating in the Dead Sea Steffan Berelowitz, Bluetrain Mobile, writes about the present and future of mobile as the tenth post in MITX's April blog series. blog.mitx.org/.../Making-a-Mobile-Payment-is-like-Floating-i...

ADCB's pioneering MOBIbucks mobile payment service wins Best M ... Abu Dhabi Commercial Bank (ADCB) and MOBIbucks, a leading global provider of mobile payment solutions, have won the Best M-Payment Initiative award at ... www.albawaba.com/.../adcb's-pioneering-mobibucks-mobile-...

A mobile web friendly payment gateway? - Stack Overflow Browse other questions tagged mobile payment-gateway or ask your own question. ... best cross-platform mobile payment gateway/provider (Android, iPhone, ... stackoverflow.com/.../a-mobile-web-friendly-payment-gatewa...

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