CARTES 2012: The electronic wallet -- at the heart of the mobile payment challenge

PRESS RELEASE

May 30, 2012, 1:47 p.m. EDT

PARIS, May 30, 2012 (BUSINESS WIRE) -- The major players in the payment sector, where mobility already represents a key strategic approach, have made the electronic wallet their chief issue. The initiatives launched over the past few months confirm the rapid growth of the e-wallet and are a sign of numerous changes in not only consumption modes for users, but also technologies and the sector for companies now working in the realm of payment. The CARTES trade show (whose main theme for 2012 is mobile payment) will be focusing on recent developments in the e-wallet and its future prospects. Who are these players, and what initiatives have already been launched? How can the adoption of the e-wallet be speeded up? And in terms of security and personal protection, what developments are there as regards solutions to reassure users?

The e-wallet Big-Bang is under way

All the key players in payment, including MasterCard, Visa Europe, Western Union and Paypal, now have their own Wallets. "It all began in 2011 with the ISIS Mobile Wallet and the Google NFC Wallet. This latest announcement was a real detonator, marking the start of the e-wallet era and triggering off the wallet war we are now seeing," says Isabelle Alfano, Director of the CARTES show.

It's true that there have been numerous initiatives in this field over the past year. To convince not only consumers but also retailers to use the phone, PC or tablet as a method of payment, the many players now active in the payment sector (banks and payment establishments, telecommunication operators, distributors, etc.) have become aware that it is absolutely crucial to provide innovative functions and a simple, secure tool.

Which functions foster the use of the e-wallet?

According to David Marcus, the new president of Paypal, "Shopping is fun, but paying is not." To spread the use of the e-wallet, the first aim is thus to transform payment into shopping by proposing new services to consumers: price comparers, alerts about discounts and special offers, options for recharging phone SIM cards, buying train tickets, etc. To improve the user experience even further, the Paypal wallet services make it possible to assign types of expenditure or payments to certain accounts or payment cards (credit, pre-paid, debit, and so on).

These electronic wallets now store data from bank cards and loyalty cards, whose advantages they can manage automatically, together with information about deliveries. "The development of the e-wallet has only just begun. In the future, it will probably be able to store other personal data, like ID cards, medical information and health cards," says Isabelle Alfano.

Security and the protection of private life: issues and opportunities

Current developments (the deployment of e-wallets and these new functions) obviously raise numerous questions in terms of security and private life.

This is because the dematerialisation of payment cards or their hosting in a SIM-NFC card or secure component of the phone (in the case of mobile payment) makes it necessary to rethink security architectures not only in mobile objects (cell phones, PCs and tablets) but also in servers that are now cloud-hosted. Conventional payment players will thus need to reformulate their requirements concerning risk management, and reconsider their economic models.

"One of the problems that banks have to solve comes from the fact that they now need to control payment transactions in objects they no longer control," said the representative of a major French card manufacturer at the World Card Summit in the last CARTES show.

Security and data protection are crucial challenges to be met in gaining users' confidence and thus accelerating the adoption of these new means of payment by consumers and retailers. For the smart security industry, these questions are not so much challenges as new opportunities: a number of technological responses are already appearing, which associate security with personal data protection in e-wallets. Recent developments in solutions thus combine on-board security in mobile objects with trusted services provided by TSM (Trusted Service Managers). Others propose the fine-tuning of TEE (Trusted Executive Environment) security zones to execute the orders of certain sensitive applications in the mobile operating system.

With the increasing use of smartphones and tablets, the e-wallet will gradually become more widespread in our daily purchases. Numerous developments need to be envisaged, and a number of questions still have to be addressed, mainly regarding security and personal data protection.

All the key players in mobile payment (banks, telecommunication operators, distributors, etc.) will be present at the CARTES 2012 trade show (6 to 8 November 2012 at Paris-Nord-Villepinte) to reply to these questions and present the latest innovations in terms of payment and security technologies.

Isabelle Alfano, the Director of the CARTES show, will be happy to answer any questions you may have about mobile payment, the e-wallet, the stakes at issue and market opportunities.

To follow the latest news about the Show in real time, we invite you to:

-- Register on the Twitter " @_cartes" thread and the blog www.blogcartes.com

-- Log onto the website: www.cartes.com

As a reminder:

At its launch press conference on 12 June, the Cartes show is staging a round table on the theme "Interconnected commerce: the new payment landscape (physical, electronic, mobile)" bringing together speakers from Auchan, Buyster, the EPC (European Payment Council), Oberthur and Paypal France.

About CARTES 2012:

The CARTES 2012 show, taking place from 6 to 8 November at the Parc des Expositions de Paris-Nord Villepinte, is the world's leading event in smart technologies for security, payment, identification and mobility. With 143 countries represented, 450 exhibitors and 140 conferences with international experts, CARTES 2012 is an essential trade show for all the players in this highly dynamic market. This year, for its 27th edition, CARTES 2012 is putting the spotlight on India.

SOURCE: CARTES 2012

NFC Success Depends on Realizing Potential Beyond Payments, Industry Experts Agree as NFC Solutions Summit 2012 Wraps

PRESS RELEASE

May 30, 2012, 8:31 a.m. EDT

Smart Card Alliance Mobile and NFC Council Officers Announced

PRINCETON JUNCTION, NJ, May 30, 2012 (MARKETWIRE via COMTEX) -- The success of NFC technology will depend on the availability of a wide array of consumer-satisfying payment and non-payment applications in areas like healthcare, government, enterprise and retail, industry experts agreed as the NFC Solutions Summit 2012 wrapped last week. More than 430 attendees gathered for the Summit, the first NFC-themed event held jointly by the Smart Card Alliance and NFC Forum, at the Hyatt Regency San Francisco Airport hotel.

"The Smart Card Alliance, with its diverse membership and educational focus, is uniquely positioned to stimulate productive discussions and debates of the critical issues surrounding NFC adoption. This was illustrated well by the packed auditoriums for the spirited and engaging sessions featuring NFC technology and business stakeholders, and the large number of attendees for the two pre-conference workshops and the in-person Mobile and NFC Council meeting," said Randy Vanderhoof, executive director of the Smart Card Alliance.

On Wednesday and Thursday, attendees gathered for concurrent sessions on technology, hardware and applications, and business services.

Guy Berg, senior managing consultant for MasterCard Advisors, gave attendees more insight into MasterCard's commitment to assuring a good customer experience when using NFC technology because "if you tap it and it doesn't work, how likely are you to come back and use it again?" To that end, MasterCard has established a number of approval processes for handsets, secure elements, wallet user interfaces, and Trusted Services Managers (TSMs), and Berg announced a significant number of approvals that have been granted in all areas.

Tony Sabetti, director of POS and Payment Alliances at Isis Mobile Commerce, said that Isis, the mobile wallet venture created by AT&T Mobility, T-Mobile USA and Verizon Wireless, aims to change "the way people shop, pay and save." Sabetti said that Isis is "looking forward to bringing this out to consumers later this summer," with pilots in Salt Lake City, Utah and Austin, Texas. Hundreds of merchant locations including national merchants Aeropostale, The Coca-Cola Company, Champs, Dillard's, Foot Locker, Jamba Juice and Macy's are set to accept contactless payments made with the Isis Mobile Wallet for the pilots.

NFC is not just about finance, but "about the integration of finance, retail, health, government," Doug Morgan, the chief strategy officer at C-SAM told attendees. Along that theme, the audience heard presentations on the many non-payment opportunities for NFC.

Deb Spitler, vice president of HID Connect, HID Corporation, said that NFC will change physical access control, presenting opportunities for a new "ecosystem of devices that will read digital keys" for physical access to buildings. Julian Lovelock, senior director, product marketing ActivIdentity, talked of ways that NFC and the secure element can help to solve the challenges of "Bring Your Own Device" (BYOD) in the enterprise, saying the technology can allow corporate-specific applications to be put into a "container," separate and secure from all of the other applications on the handset.

Transit will be a "significant early driver" for NFC, David deKozan, vice president, Cubic Transportation Systems told the audience on Wednesday. Cubic has already run a series of trials and focus groups for NFC technology and, according to deKozan, the customer reactions have been very positive and "they can't wait to get it."

Peter Watkins, an executive director in the Office of the Chief Information Officer with the Government of British Columbia, talked of another innovative non-payment use of NFC: government and citizen services. Watkins said his government finds it "imperative that we make ourselves compatible with the global trends," putting in place a system that can use NFC technology in the future. He outlined the Government of British Columbia's efforts to revamp their public healthcare system to a more secure and privacy-friendly one utilizing contactless chip card technology. Under the new system, citizens will be vetted when renewing their driver's licenses, and given the option to combine both cards into one.

Research in Motion's (RIM's) senior director of mobile wallet, Frank Maduri said that RIM is "very bullish on NFC" and is "going to put NFC on all user devices." The reason, according to Maduri, is NFC's "powerful yet very simple user interface." While he said that payment, loyalty and coupons will likely be the first applications to take off for NFC, he sees big opportunities for the technology in both the consumer space and the enterprise space. Maduri said that putting emphasis on the NFC applications that can be done very simply now, such as "basic pairing and sharing," and tag reading and writing, could result in early adoption of these applications by consumers.

Koichi Tagawa, chair of the NFC Forum, and the general manager of Global Standards and Industry Relations Department at Sony, updated the audience on NFC Forum activities. With 170 member companies and 17 NFC specifications in place, the NFC Forum will continue to work to enhance the specifications, educate the market, and certify products through its certification program. Rules to use the N-Mark, a stylized letter "N" trademark intended for consumers to easily identify NFC-enabled products as well as the locations where NFC services are available, have been recently revised, and now the mark can be used on smart posters, on devices, and on software. All of this activity, according to Tagawa is to "optimize NFC for all potential use cases" and to enable "applications that will satisfy as many consumers as possible."

On Thursday, the Alliance hosted "NFC OPEN Unconference Day," an innovative open conference format. A facilitator enlisted attendees to propose self-organizing sessions and presentations in areas dealing with NFC technology and business adoption issues and opportunities. Some of the engaging topics on Thursday included:

        
        --  How Does NSTIC Play with NFC?
        --  Cloud and How it Affects Mobile & NFC
        --  Wallet (Pros & Cons) for a Consumer
        --  NFC Use Case for Healthcare -- Best Ideas and Best Models
        --  Consumer Perspectives of NFC (Security)
        --  NFC Implementation Strategies
        
        

Notes from the Unconference Day are available on the event wiki at http://www.smartcardalliance.org/nfcopen/index.php/Main_Page .

Also during the Summit, the Smart Card Alliance announced the officers of the newly-formed Mobile and NFC Council. The Council -- which has attracted over 60 organizations and more than 120 individuals to date -- will take a broad industry view and bring together stakeholders in the different vertical markets that can benefit from mobile and NFC applications including payments, loyalty, marketing, promotion/coupons/offers, peer-to-peer, identity, access control and transit applications. These officers will lead the Council in raising awareness and accelerating the adoption of the numerous applications possible with NFC technology:

        
        --  Chair: Brent Bowen, vice president, business development, INSIDE
            Secure
        --  Vice Chair: Chandra Srivastava, business leader, Visa Inc.
        --  Secretary: Doug Morgan, chief strategy officer, C-SAM
        
        

More information about this event and other upcoming Smart Card Alliance events is available at www.smartcardalliance.org .

About the Smart Card Alliance The Smart Card Alliance is a not-for-profit, multi-industry association working to stimulate the understanding, adoption, use and widespread application of smart card technology.

Through specific projects such as education programs, market research, advocacy, industry relations and open forums, the Alliance keeps its members connected to industry leaders and innovative thought. The Alliance is the single industry voice for smart cards, leading industry discussion on the impact and value of smart cards in the U.S. and Latin America. For more information please visit http://www.smartcardalliance.org .

About the NFC Forum The NFC Forum was launched as a non-profit industry association in 2004 by leading mobile communications, semiconductor, and consumer electronics companies. The Forum's mission is to advance the use of Near Field Communication technology by developing specifications, ensuring interoperability among devices and services, and educating the market about NFC technology. The Forum's 160+ global member companies currently are developing specifications for a modular NFC device architecture, and protocols for interoperable data exchange and device-independent service delivery, device discovery, and device capability.

The NFC Forum's Sponsor members, which hold seats on the Board of Directors, include leading players in key industries around the world. The Sponsor members are: Barclaycard, Broadcom Corporation, INSIDE Secure, MasterCard Worldwide, Microsoft Corp., NEC, Nokia, NTT DOCOMO, Inc., NXP Semiconductors, Renesas Electronics Corporation, Samsung, Sony Corporation, STMicroelectronics, and Visa Inc.

        
        Contact:
        Deb Montner
        Montner & Associates
        203-226-9290
        dmontner@montner.com
        
        
        

SOURCE: The Smart Card Alliance

Mobile Payments Battle Heats Up

Battle Heats Up Over Mobile Payments Wall Street Journal (blog) May 30, 2012, 2:05 PM GMT Battle Heats Up Over Mobile Payments American Express plans to offer U.K. card holders a range of location-based discounts and special offers via the check-in service Foursquare. The announcement comes as rival pay service PayPal has also launched a mobile payment system in the U.K. The services illustrate the battle that is taking place over who will own the mobile payment space. Card issuers, banks, mobile network operators and even handset makers are increasingly fighting to take a share of the market.  Holders of “Amex” cards can unlock location-based offers from a host of high street brands. Savings are automatically credited by American Express to the account.The announcement comes as rival pay service PayPal has also launched a mobile payment system in the UK The services illustrate the battle that is taking place over who will own the mobile payment space. Card issuers, banks, mobile network operators and ... See all stories on this topic »

NFC World

---

Great Infographic: How NFC Will Be Involved in Your Life

As this infographic shows, NFC is much more than simply payments.  If it's about any ONE thing, it's really all about authentication at the end of the day.  Access to work, the gym, your car, your cards, etc.  The end-all game is "authentication."  




  

Browse more infographics.

Expert Panel Explores Latest Authentication Innovations at NACHA’s Internet Council Meeting

Authentify CEO Peter Tapling moderates session

CHICAGO, May 30, 2012 – Authentication has become a critical component of digital commerce and grown in stature as the subject of updated Federal Financial Institutions Examination Council (FFIEC) guidelines.

Peter Tapling, CEO of Authentify, a global leader in telephone-based out-of-band authentication, and a panel of industry experts will bring to light the latest innovative uses of authentication technology in the fight against online payment and transaction fraud in a panel discussion at NACHA’s Internet Council meeting. The event, “Re-calibrating Your Expectations in the New ‘Real-World’ of Payments,” is being held in Milwaukee, Wisconsin June 6 - 7, 2012.  

Tapling will be joined by Andy Foote, vice president at Wells Fargo; Courtney Golden, senior manager of product management at eTrade; Mike Mulholand, director of fraud solutions strategy at Memento; and Joe Triano, principal of Joseph Triano Consulting. 

The panel, “Leveraging Authentication Technologies to Protect Payments and Transactions,” will be presented on Wednesday, June 6^th from 10:30-12:00 p.m.  The ecommerce and banking security experts will discuss balancing the use of various authentication approaches in light of customer experience and risk management goals.  They also will be discussing the myriad of options for authentication technology in the context of financial services and payment.

“Because cybercriminals continue to become more sophisticated and organized, innovation in authentication solutions must evolve at a rapid pace,” said Tapling.  “During the panel we will be exploring how leaders in ecommerce and banking are tackling fraud by applying the latest advances in authentication technologies.  The panelists represent large banks, small banks, service providers and industry experts.  I expect the different points of view will be illuminating.”

One important theme will be how to use mobile devices to get consumers more directly involved in monitoring their own accounts. This imperative was underscored by a recent survey showing that banks report their customers find fraud 82 percent of the time before the bank has even detected it. The panel will be discussing how a convenient always-on app on a smartphone or PC, such as Authentify’s new 2CHK app, enables the legitimate account owner to review and approve, or more importantly cancel if needed, transactions that are about to be processed against their accounts. 

Authentify introduced telephone-based OOB authentication to the market and today has the most industry experience and expertise in deploying solutions and providing services. A proven and effective countermeasure recommended by federal authorities, regulators and leading consulting firms, OOB authentication is used by banks and ecommerce providers to protect against man-in-the-browser attacks designed to steal login credentials or hijack online sessions.  The capability to add OOB safeguards within multiple layer security models fulfills industry best practices as recommended by the FFIEC, Gartner Research, Inc., the FBI, the U.S. Secret Service and NACHA.

Under the leadership of Susan Pandy, senior director for Internet and ecommerce at NACHA, the Internet Council works to advance electronic commerce over open networks by enabling digital business in a straight forward, secure and cost-effective manner.  For more information on the Internet Council, the June 6 - 7 meeting in Milwaukee and future meetings visit so make sure you take Bailey out to a new business because of what was it he said he https://tic.nacha.org/.

About Authentify, Inc.

Authentify, Inc. is a leading global provider of telephone-based Out-of-Band (OOB) authentication services. With a client list that includes five of the world's top ten banks, three of the five largest ecommerce websites and two of the top four insurance companies in North America, Authentify has the most experience and expertise in deploying OOB solutions in the industry. These multi-factor authentication (MFA) services enable organizations that need strong security to quickly and cost-effectively add two-factor or multi-factor authentication layers to user logons, transaction verifications or critical changes such as adding an ACH payee, resetting passwords or changing contact information. The company's patented technology employs a service-oriented message architecture and XML API to seamlessly integrate into existing security processes. Authentify markets primarily to financial services firms that need to protect their clients' online accounts, corporate security professionals managing access control, and emerchants who want to limit fraud on their sites.

For more information, visit Authentify at: www.authentify.com.

Contact: Deb Montner, Montner & Associates 203-226-9290 dmontner@montner.com

Authentify is protected by numerous granted and pending U.S. and International patents including
U.S. PATENT NOS. 6,934,858 / 7,383,572 / 7,461,258 / 7,574,733.

35 Mobile Payment Headlines for May 30th, 2012

News 35 new results for "Mobile Payment"

Worldwide Mobile Payment Transaction Value On Rise, But NFC Unlikely To Become ... International Business Times By Kukil Bora: Subscribe to Kukil's RSS feed The worldwide mobile payment transaction value is going to exceed the $171.5-billion mark in 2012, recording a huge 61.9 percent increase from $105.9 billion in 2011, according a Gartner report. See all stories on this topic » International Business Times

doxo Delivers Single-Click Mobile Bill Payment MarketWatch (press release) SEATTLE, May 30, 2012 (BUSINESS WIRE) -- doxo, the all-in-one digital file cabinet and e-payment solution, today launched new single-click mobile payment capabilities, and added a new smart phone app, doxo Mobile for Android, to its existing iPhone ... See all stories on this topic »

Four Mobile Payment Systems Tested and Compared PCWorld Most of these mobile payment processing services offer pay-as-you-go plans, in which you pay only a fixed percentage fee per transaction. Although these fees are typically higher than what you'd pay under a traditional arrangement, these newer services ... See all stories on this topic »

Zooz Builds Momentum in Mobile Payments Market by Launching HTML5 Version of ... PR Web (press release) ZooZ, a new provider of in-app mobile payment solutions, announced today that it is now offering an HTML5 mobile web version of its compact SDK, which requires just three lines of code for developers to "cut, paste, and go" in under 10 minutes. See all stories on this topic »

i2c, Inc. and KargoCard Announce Partnership to Power Prepaid, Mobile Payments ... MarketWatch (press release) REDWOOD CITY, Calif., May 30, 2012 (BUSINESS WIRE) -- i2c, Inc., a payment processing technology company, and KargoCard, a Shanghai-based prepaid service provider, have partnered to deliver prepaid, mobile payment and loyalty solutions to merchants in ... See all stories on this topic »

Mobile Payment Transactions to Surpass $171 Billion in 2012 Banktech Gartner predicts the number of mobile payment users will reach 212.2 million in 2012, up from 160.5 million in 2011. By Bryan Yurcan Worldwide mobile payment transaction values will surpass $171.5 billion in 2012, a 61.9 percent increase from the 2011 ... See all stories on this topic »

Gartner: 2012 Mobile Payment Transactions to Hit $171B Wireless Week By Andrew Berg Tuesday, May 29, 2012 Gartner today released research that projects worldwide mobile payment transaction values will surpass $171.5 billion in 2012, a 61.9 percent increase from $105.9 billion in transactions seen in 2011. See all stories on this topic »

Gartner predicts significant mobile payment growth through 2016 Mobile Payments Today Expect mobile payment to surge over the next few years, said analysts at research firm Gartner Inc. A new report from the company said the value of transactions employing mobile payment methods will top $171.5 billion this year. See all stories on this topic »

Aurora Fashions, Karen Millen offer mobile payment just-style.com Aurora Fashions and Karen Millen announced today (30 May) that it will begin accepting payments using PayPal through customers' smartphones. The service will launch in-store on 31 May and be available in some 230 stores. It uses the PayPal inStore app, ... See all stories on this topic »

Doxo Now Lets You Receive & Pay Bills From Your Mobile Device TechCrunch So, in an effort to close the loop between web and mobile services, Doxo is today launching a new mobile payment and management solution, along with a new Android app, to finally allow users to both receive and pay bills from their mobile devices. See all stories on this topic »

NFC's star is rising – mobile payment volumes to hit US$171.5bn Siliconrepublic.com The number of mobile payment users in the world will reach 212.12m, up from 160m last year, and mobile transaction values will reach US$171.5bn – up 62pc on last year. "We expect global mobile transaction volume and value to average 42pc annual growth ... See all stories on this topic » Siliconrepublic.com

Gartner: Mobile payments will top $171B this year, despite fragmentation VentureBeat The current state of the mobile payment industry could at best be called slightly confounding, or, at worst, a complete mess. But in spite of increased competition from stakeholders like Square, PayPal, Google, Mastercard, Intuit and, most recently, ... See all stories on this topic » VentureBeat

PayPal's InStore mobile payment service hits the UK, launches with four major ... The Next Web PayPal has announced that its In-Store mobile payment service will be accepted at four major UK retailers – Coast, Oasis, Warehouse and Karen Millen — from tomorrow, as the online payments service bursts on to the country's high street shopping space. See all stories on this topic »

Gartner predicts 448m mobile payments users in 2016 NFC World By Sarah Clark | nfcworld.com | May 30th, 2012 Global mobile payment transaction values are set to grow by 42% a year, say the analysts, but the market will be fragmented over the next two years and NFC payments won't hit the mass market until 2015. See all stories on this topic » NFC World

Post Office to introduce contactless payment The Guardian The PayPal inStore app is available for Android and Apple iOS (iPhone and iPad) devices. Global analysts Gartner predict worldwide mobile payment transactions will grow dramatically from $105.9bn (£68bn) in 2011 to $171.5bn this year. See all stories on this topic »

Global Mobile Payments To Hit $171 Billion This Year MediaPost Communications by Mark Walsh, Today, 11:02 AM Worldwide mobile payment transactions will surpass $171.5 billion in 2012, up 62% from $106 million last year, according to a Gartner estimate. The number of mobile payment users will reach 212 million, up from 160 in ... See all stories on this topic » MediaPost Communications

Mobile payments expected to reach $172 billion in 2012 MobileSyrup.com Earlier this month, Rogers and CIBC announced the first joint NFC-based mobile payment system in Canada, utilizing existing touchless credit card terminals. It will allow you to activate a CIBC Visa or Mastercard onto your BlackBerry smartphone ... See all stories on this topic » MobileSyrup.com

Hands-on with PayPal's UK inStore mobile payment service The Next Web Earlier this morning PayPal launched its inStore payments service in the UK, providing a new and simple way for consumers to pay for items and redeem discounts using their Android and iOS smartphone. Already live in every Home Depot store in the US and ... See all stories on this topic » The Next Web

Worldwide Mobile Payments to Hit $171 Billion in 2012 WebProNews By Sean Patterson · 13 hours ago · Leave a Comment The IT analysts at Gartner, Inc. have announced that worldwide mobile payment transaction values will reach $171.5 billion this year. That is a 61.9% increase over 2011. The number of mobile payment ... See all stories on this topic »

Mobile payments to reach $617bn in 2016, says Gartner ZDNet UK (blog) Gartner is predicting that worldwide mobile payment transactions will grow dramatically from $105.9 billion in 2011 to $171.5 billion this year: an increase of 61.9 percent. And it will keep on growing. Sandy Shen, a research director at Gartner in ... See all stories on this topic »

KodeID Mobile Payments: eCommerce Made Easy The Bakersfield Voice Not only is mobile payment easier and more rapidly, but it also places less strain upon the environment and perpetuates the expansion of mobile technology. Mobile payment methods are the way of the future, and society probably will experience a total ... See all stories on this topic »

Mobile payments to rise Warc NEW YORK: Mobile payment levels will surpass $170bn this year worldwide, fuelled by changing consumer habits and the rising uptake of devices like smartphones, a new study has argued. Gartner, the insights provider, estimated that this channel will be ... See all stories on this topic »

PayPal brings mobile payments to the UK PC Pro By Nicole Kobie PayPal has brought its mobile payment system to the UK, with four high-street retailers signing up. To use the service, a shopper fires up the Pay inStore app and types in their four-digit PIN. A one-use barcode is generated for the ... See all stories on this topic » PC Pro

Is Groupon looking to move into the mobile payment market? ITProPortal Move over Google Wallet, Visa Europe, and all others moonlighting as mobile payments providers: online deals giant Groupon wants a piece of the pie. According to a report on VentureBeat, Groupon is testing a mobile credit-card reader for US markets. See all stories on this topic »

You are here: Home » News » $171.5bn in Mobile Payments This Year, says Gartner Mobile Marketing Magazine NFC isn't expected to take off until after 2016The global value of mobile payment transactions will surpass $171.5bn in 2012, according to analyst firm Gartner. That's an increase of 61.9 per cent from 2011 – and 51.7m new mobile payment users, ... See all stories on this topic »

mobile payment transactions to become more frequent Mozo.com.au Many Aussies are already using credit cards that have been integrated into their mobile phones and such transactions are expected to become even more frequent in the next few years. A growing number of retailers are accommodating smartphone payments, ... See all stories on this topic »

Freeport Capital Inc. (FAS:CNSX) Appoints Mr. Benoit Lamoureux To EMV Payment ... PR Newswire (press release) Part of First Equity Strategy LLC, a division of Freeport Capital Inc. (FAS: CNSX) and based in Montreal, Canada, Hybrid Paytech is a technology leader in the mobile payment space for credit and debit acceptance. With a global footprint, ... See all stories on this topic »

Visa chief expects half of all payments to be mobile by 2020 V3.co.uk Visa Europe chief executive Peter Ayliffe said companies need to start investing in mobile payment solutions now in order to keep up with consumer demand. "I'm 100 per cent certain these [smartphones] are going to change the way we cover payments in ... See all stories on this topic » V3.co.uk

PayPal signs on 15 national retailers for its mobile payment service Chain Store Age New York -- PayPal has confirmed partnership with 15 national retailers, including JC Penney, American Eagle Outfitters, Toys "R" Us and Foot Locker, for its mobile wallet service. The other new retailers accepting PayPay's payment service are Barnes ... See all stories on this topic »

Groupon Tinkering with Mobile Payment Solution Mobile Marketing Watch ... the service will likely be competitively priced and perhaps significantly undercut the transaction fees charged by Intuit and Square. Groupon Tinkering with Mobile Payment Solution 300x225 Groupon Tinkering with Mobile Payment Solution. See all stories on this topic » Mobile Marketing Watch

One quarter of mobile users will pay with NFC by 2017 Memeburn This user appeal could see NFC take the lead over other mobile payment systems. The fact that NFC payments can also integrate with other NFC applications, such as metro ticketing, doesn't hurt either. For mobile wallet providers and partners meanwhile ... See all stories on this topic »

CreditCall and Elavon introduce a mobile payment solution for UK businesses The Fonecast Payment services business CreditCall, which announced its UK mobile payment plans at the end of 2011, has just launched its service to business owners. It's been running a trial scheme in partnership with payment processor Elavon since January. See all stories on this topic »

Mobile wallets making waves Las Vegas Business Press PayPal, which is known for its online payment system, is rolling out its mobile payment system that allows users to make use of the online payment system no matter where they are making purchases. In a detailed blog about its mobile wallet, ... See all stories on this topic »

Mobile transactions will be worth over £100 billion this year The Fonecast That's the latest calculation from Gartner, which also expects the number of mobile payment users to reach 212.2 million in 2012, up from 160.5 million last year. Gartner's research shows that SMS remains the dominant access technology in developing ... See all stories on this topic » The Fonecast

San Diego Embraces A New Electronic Wallet Kbps By Peggy Pico Above: San Diego was one of eight cities in the US to test a new mobile payment method called LevelUp. KPBS Science and Technology Reporter Peggy Pico says the tap-and-pay registers became so successful that a hundred more local ... See all stories on this topic » Kbps

Blogs 5 new results for "Mobile Payment"

NFC transactions to remain low through 2015: study- Mobile ... By Chantal Tode Not only are mobile payment transaction values on the rise – growing 61.9 percent over last year's values – but the number of mobile payment users is also growing. In the report, "Forecast: Mobile Payment, Worldwide, 2009-2016," Gartner ... Mobile Commerce Daily

PayPal InStore app for iPhone and Android adopted by British ... By Rik Henderson PayPal has launched its mobile payment application, PayPal InStore, in the UK on iOS and Android. And the first high street chain to allow customers to use it is Aurora Fashions, which owns women's clothing shops Oasis, Karen Millen, Coast ... Pocket-lint

Out of the Box Content Marketing By Heather Timmerman GoPayment, a B2B mobile payment service recently released a series of great content marketing videos about their clients (Source: ReelSEO). The focus of the video series was centered around their customer's stories and how the use of ... Preview Networks Blog

Ensuring that Mobile Applications are Truly Secure | DFI News By eaustin PayPal alone expects to see $7 billion in mobile payment volume in 2012. But have you ever stopped to think about how secure these mobile apps are? When you use your mobile wallet, is it possible that your credit card information could be ... DFI News RSS Feeds

PAY Teams Up With PayPal By Zacks Investment Research Further, VeriFone aims to offer retailers a managed service, which can easily accept all existing payment types including the evolving alternative and mobile payment methods being offered by Google, PayPal, Groupon, Isis, Visa, MasterCard ... DailyMarkets.com

Web 5 new results for "Mobile Payment"

Mobile payment transactions set to soar with smartphone user growth The value of mobile payments in 2016 is predicted to reach $617bn as the number of mobile users worldwide reaches 448 million. According to Gartner, mobile ... www.computerweekly.com/.../Mobile-payments-transactions-s...

Zooz Rolls Out HTML5-Compatible Mobile Payment SDK ... Zooz is one of the newest up-and-comers in the mobile microtransaction space, an area that is growing rapidly now that developers are monetizing their apps ... siliconangle.com/.../zooz-rolls-out-html5-compatible-mobile-p...

Digicel debuts first non-bank mobile payment system | News ... New Zealand-based currency exchange company KlickEx and Digicel, a Telecoms service provider, in partnership with VeriFone, a global leader in electronic ... www.humanipo.com/.../Digicel-debuts-first-non-bank-mobile-...

Techmeme: Gartner Says Worldwide Mobile Payment Transaction ... The web's technology news site of record, Techmeme spotlights the moment's hottest tech stories on a single page. www.techmeme.com/120529/p13

Digicel debuts first non-bank mobile payment system in Tonga (By Avia Collinder) Telecoms provider Digicel has launched what appears to be the first digital merchant payment system which does not require the use of a ... www.islandsbusiness.com/.../overideSkinName=newsArticle-fu...

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