Wednesday, October 24, 2012

29 "Mobile Payment" News Stories for October 24th

News22 new results for "Mobile Payment"
Some Isis Mobile Payment Retailers Have Never Heard of Isis
Dslreports
Stores taking part in wireless carriers new Isis payment system apparently didn't get the memo. As we noted yesterday, T-Mobile, AT&T and Verizon Wireless this week launched their use-your-phone-as-debit-card effort (dubbed "Isis") in two test markets ...
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Square Makes First International Step: Mobile Payment Service Now Live In ...
TechCrunch
Square has taken its first step outside of the U.S. for its mobile payment service: it is now live in Canada. The company said today that its mobile card reader/processor is now available nationwide, priced at the same rate as in its home market: 2.75 ...
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Mocapay Addresses Data Ownership for Merchants Considering Mobile ...
PYMNTS.com
However, the ubiquitous emergence of mobile payment systems threatens data security and ownership which is why Mocapay, a merchant-centric and mobile marketing solution provider, is standing at the forefront of mobile payment security and data ...
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Trunkbow Updates 2012 Guidance
Sacramento Bee
"In addition to our cloud computing projects, we expect a significant ramp in MPS activity as we leverage our first-mover advantage and technological superiority to capture new opportunities in the nascent mobile payment market in China. "We are making ...
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Net Element International Completes 300 Million Rubles ($9.5 Million ...
DailyFinance
"There is significant demand for mobile payment processing in Russia's mobile commerce marketplace, and we believe that TOT Money is ideally positioned to capitalize on these unique market opportunities," said Ilina Polina, Alfa-Bank's business ...
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Parkmobile USA, Inc. introduces the Parkmobile Wallet in the District of Columbia
Sacramento Bee
ATLANTA, Oct. 23, 2012 -- /PRNewswire/ -- Parkmobile, a leading provider of mobile payment solutions to municipalities and parking providers around the world, announced today that its mobile payment for parking program just got simpler. Parkmobile will ...
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AXFOOD AB : Mobile payment coming to Willys and Hemköp stores
4-traders
Axfood has entered into an agreement with Seamless for introduction of SeQR Pay mobile payment at Hemköp, Willys and PrisXtra stores. Rollout of the new service will begin during the autumn. SeQR Pay has been tested during the summer and early ...
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RBC to launch mobile wallet by late November-executive
Reuters
"We're almost there; it's close. It's going to be out in the next 3 or 4 weeks." he said in an interview. CIBC said in May it will launch its own mobile wallet with wireless carrier Rogers Communications Inc. While mobile payment technology is just ...
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INTERTAINMENT MEDIA INC. : Sweet Card Program Chooses Paymobile Inc ...
4-traders
Earlier this year, Market Research.com reported that "The number of mobile payment subscribers worldwide was nearly 2 Billion users in 2011. The total value of the mobile payment market is expected to cross US$500 Billion by 2014. North America and ...
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A Shot in the Arm from Mobile Remote Deposit Capture
US Banker
There has to be a base platform for what the members want to use. In this case, it's a mobile banking system that can be leveraged for folks to do all kinds of mobile finance, including mobile RDC," says Bill Phillips, group president of mobile payment ...
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MTS to Bring Secure Mobile Payment Technology to Manitoba in 2013
Marketnews.ca
MTS has signed an initial agreement with EnStream LP, a joint venture of Bell Mobility Inc., Rogers Wireless Partnership and TELUS Communications Company, to bring secure mobile payment technology to Manitoba in 2013. As part of this agreement, MTS ...
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Marketnews.ca
Dwolla offers new batch payment option
Mobile Payments Today
Imagine sending money to a long list of people from a mobile device, one person at a time. It would be a maddening chore. Dwolla is aiming to make that process less onerous, going beyond "person-to-person" payments to "person-to-people" payments.
See all stories on this topic »
Turkcell's Cep-T Paracard Receives Best Global Prepaid Innovation Award
Sacramento Bee
Through this strong collaboration in the area of mobile payment systems, Turkcell and Garanti Bank are not only the driving force of this evolution in Turkey, but have also signed off on innovative products, destined to set global examples. The ...
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Accumulate upgrades m-payment service platform
Telecompaper (subscription)
Mobile payment services provider Accumulate has released an update of its mobile financial services platform Mobile Everywhere (ME). Accumulate supports pairing technologies such as NFC (passive and active), One Time Ticket (OTT), QR, barcodes etc.
See all stories on this topic »
Zipmark and Alligato Launch Partnership Enabling Alligato Clients to Process ...
PR Web (press release)
"With Zipmark handling direct bank payments for our Mobetize™ platform, we will be able to further strengthen our core competencies of providing leading mobile payment methods to thousands of businesses within our payment partner ecosystem." said Ajay ...
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Beeline introduces mobile POS terminals
Telecompaper (subscription)
The Pay-me Mobile Payment Terminal is available initially in the Moscow region and will be expanded across the country in future. The device can be connected to Android and iOS mobile devices, and when used in combination with a free application ...
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Lone ranger with a mass target
Financial Times
Rather than create a new system, as Square has done, he wants to build mobile payment services in collaboration with the banks. Powa's newest product, mPowa, will improve current payment systems, he says. Far smaller than the bulky payment terminals ...
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Facebook Q3 Earnings Recap: Solid Results, Mixed User Engagement
Seeking Alpha
Advertising revenue came in at $1.09 billion, of which $152.6 million, or 14%, was generated from mobile. Payment revenue came in at $176 million, an increase of 13% y/y but a decline of 9% sequentially. Non-GAAP EPS of $0.12 per share also came in ...
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New ways to pay
Saudi Gazette
The iKaaz.com mobile payment platform offers both Consumer Wallet and Point of Sale solutions. The iKaaz Consumer Wallet for Enterprises allows banks and telecoms to create mobile wallets for quick and easy payments. This iKaaz solution can be ...
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Facebook Q3 revenue grows 32% to $1.26 billion, looks to mobile for future ...
Android Authority
Facebook also recently inked a deal with Bango to provide a simple mobile payment solution for virtual goods bought on the website. It won't hurt either to learn a thing or two about monetizing mobile devices from Google, as the latter aims to make $8 ...
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Android Authority
Articles submitted by industry partners
ABA Banking Journal (blog)
... ABA PREPAID ROUNDTABLE: Prepaid's powerful potential · ABA PREPAID ROUNDTABLE: Navigating prepaid's compliance challenges · The art of lending on art · "Permanent chills" and how to avoid them · Recently in the mobile payment space: action ...
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ABA Banking Journal (blog)
American Express adds to iZettle's Series B funding
Mobile Payments Today
Swedish mobile POS company iZettle has grabbed American Express as an investor, adding Amex to its recently announced Series B round of funding. Previously announced investors in that round include Greylock Partners, Northzone, MasterCard, and SEB ...
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Blogs4 new results for "Mobile Payment"
Square launches its mobile payment service in Canada
By Matt Brian
Continuing its North American expansion, mobile payment service Square is now available in Canada, allowing individuals and businesses with an iOS or Android device to apply for a reader and accept credit card payments. The company is ...
The Next Web
Square mobile payment processing now available in Canada | The ...
By Jeff Blagdon
Mobile payment processor Square is setting up shop in Canada, the company announced today. The company has been public about its plans to expand abroad for some time, but this marks its first new...
The Verge - All Posts
MEVP Invests around $4,2 million in Gate2Play, Anghami, Laimoon ...
By Gaith Saqer
Following a soft launch at all Bank Audi branches, Pin-Pay has recently signed a partnership agreement with BankMed and will soon be offering its mobile payment services in all of BankMed's branches in Lebanon. Series A co-investment ...
ArabCrunch
BII MOBILE INSIGHTS: Putting Information In The Palm Of Your ...
By Heather Leonard
And how is it different from the dozens of other mobile payment techs? Basically, Isis is an NFC-Based Payment Technology that uses your SIM card for security that's only for in-store payments. It is actually supported by most major carriers ...
Business Insider

Web3 new results for "Mobile Payment"
Mobile payment service Isis to launch in Austin today - Austin ...
Isis, a mobile payment service run by mobile phone companies, is launching today in Austin and Salt Lake City, Utah.
www.bizjournals.com/.../mobile-payment-service-isis-to-launc...
Carrier mobile payment play Isis goes live in Austin and Salt Lake City
(gigaom.com) -- Isis, the mobile payment joint venture between Verizon, AT&T and T-Mobile, is finally going live Monday in Austin, Texas and Salt Lake City, ...
money.cnn.com/.../2012_10_22_carrier_mobile_payment_pla...
GROWTH MODE: Mobile Payment Firm Square Leases 246,078 SF ...
Fast-growing tech firm Square, Inc., a three-year-old company whose service enables shoppers to charge purchases with their mobile devices, agreed to lease ...
www.costar.com/News/Article/GROWTH.../142639



Samsung TecTiles 3.0 update offers more options for NFC tagging

News6 new results for NFC Mobile Payment
Photo Credit: Ubergizmo
Samsung TecTiles 3.0 update offers more options for NFC tagging, now ...

Engadget

Samsung TecTile originally launched alongside the Samsung Galaxy S® III as an introduction to the user-friendly capabilities of NFC beyond mobile payments. With the U.S. launch of the Samsung Galaxy Note® II, TecTile programmable NFC tags and the ...
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TELECOM ITALIA S.P.A. : Mobile payment agreement between Telecom Italia ...
4-traders
Telecom Italia and Intesa Sanpaolo have arranged an agreement to boost take-up of mobile payment in Italy. Using a mobile phone with a Telecom Italia NFC SIM and an Intesa Sanpaolo Group payment card, people will be able to pay for purchases simply ...
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A Milano con uno smartphone NFC
DDay.it video
Sign in or sign up now! Alert icon. Loading... There is no Interactive Transcript. Published on Oct 24, 2012 by ddayvideo. Durante l'NFC & Mobile Money Summit abbiamo avuto modo di provare un'applicazione beta di Telecom Italia di Digital Wallet su NFC.
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Isis mobile wallet launches in Salt Lake City and Austin on 9 smartphones
Computerworld
The Isis joint venture of three wireless carriers announced the launch today of its new mobile wallet system in Salt Lake City and Austin using nine NFC-ready and Isis-ready smartphones sold by the carriers. Consumers interested in using the mobile ...
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3V launches "game-changing" payments product Moneybutton
Businessandleadership.com
Irish payment technology provider 3V Transaction Services has launched a new mobile payments product which allows smartphone users to shop on the go at the GSMA NFC Summit in Milan. Established in 2004, 3V currently operates in Ireland, the UK, the ...
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Isis Debuts in Two Cities
Connected World Magazine
As NFC (near-field communication) comes to more mobile devices, it opens up new opportunities for a range of applications. One of the most often-mentioned uses of NFC is for mobile commerce, allowing people to pay with their devices. Consumers with ...
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ISIS Finally Launches, New Google Wallet Coming Soon - Internet2Go

Blogs2 new results for NFC Mobile Payment
Finextra: EnStream partners RIM on Canadian mobile payments
"Canada already leads the world in retail payments through contactless cards. The next step is full mobile payment capability using smartphones and NFC technology, ushering in a new era of payment security and convenience at retail outlets ...
Finextra Research Payments channel
ISIS Finally Launches, New Google Wallet Coming Soon - Internet2GoBy Greg SterlingCarrier backed US mobile payments initiative ISIS is finally live in two cities (Austin and Salt Lake City) this week after several delays. ISIS relies on near-field communications (NFC) and is very similar to rival Google Wallet, which also uses ...Internet2Go - An Opus Research...



Despite differences in opinion and skepticism Google still optimistic about NFC

Google Wallet Logo
Google Wallet Logo (Photo credit: Wikipedia)
ePaymentNews 3 new results for NFC Mobile Payment
Despite differences in opinion and skepticism Google still optimistic about NFC
NFCNews
The recent launch of ISIS' Mobile Wallet— an initiative backed by AT&T, T-Mobile and Verizon Wireless— and Merchant Customer Exchange, a more recent effort backed by retail giants Walmart, Target and 7-Eleven, have crowded the NFC payments ...
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Vantiv, Paydiant partner on white label mobile payment tools
Mobile Payments Today
Partnering with Paydiant, a cloud-based mobile payment and offer redemption platform provider, means Vantiv now has a solution that is easily deployable by retailers and banks and isn't dependent upon NFC or mobile operating system. "Mobile payments ...
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Proxama, Isobar partner for NFC marketing
NFCNews (blog)
Proxama announced that it has established a partnership with digital agency Isobar to deploy NFC-based marketing solutions for its clients. The deal will extend to both Isobar agencies glue Isobar and Isobar mobile in the UK. The partnership is ...
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MediaPost Publications NFC Mobile Payments To Hit $100B In 2016

Web 8 new results for NFC Mobile Payment

MediaPost Publications NFC Mobile Payments To Hit $100B In 2016 ...
SmartPhone-Blackberrry A new forecast from U.K.-based ABI Research projects mobile payments powered by Near Field Communications (NFC) will jump from ...
www.mediapost.com/publications/article/185519/
Joanna Cameron as Isis in The Secrets of Isis.
Joanna Cameron as Isis in The Secrets of Isis. (Photo credit: Wikipedia)
MobileTechNews - NFC Mobile Payment Transaction Spend to Hit ...
NFC Mobile Payment Transaction Spend to Hit the $100 billion Mark In 2016, Says ... [ABI Research forecasts that the total value spend of NFC mobile payments ...
www.mobiletechnews.com/info/2012/10/18/165350.html
NFC mobile payment market to reach $100B in 2016, Boy Genius ...
From Yahoo! Finance: The NFC mobile payment market will break the $100B mark in 2016, reports Boy Genius Report, according to a report issued by research ...
finance.yahoo.com/.../nfc-mobile-payment-market-reach-140...
NFCNews | NFC mobile transactions to reach $100 billion by 2016
A report compiled by ABI Research has revealed that the total value spent via NFC mobile payments will climb from this year's estimated $4 billion to $100 billion ...
www.nfcnews.com/.../nfc-mobile-transactions-to-reach-100-bi...
NFC mobile payment transaction spend to reach USD100 billion in ...
The total value of spend of NFC mobile payments will rise from USD4 billion in 2012 to USD191 billion in 2017, breaking the USD100 billion mark in 2016 (view ...
www.paymenteye.com/.../nfc_mobile_payment_transaction_s...
Isis Test Sites Are Great News for Mobile Payments, Good News for ...
The bottom line is that the move by Isis is a positive step for NFC.
www.itbusinessedge.com/.../isis-test-sites-are-great-news-for-m...
Isis™ Launches in Austin And Salt Lake City; as many as 20 Isis ...
Starting today, consumers can visit their AT&T, T-Mobile or Verizon retail ... work together to influence the speed and growth of mobile NFC payments in the U.S." ...
news.paywithisis.com/2012/10/22/isis-launches-austin-slc/
Twitter / EricssonLabs: #NFC #Mobile Payment Transaction ...
Instantly connect to what's most important to you. Follow your friends, experts, favorite celebrities, and breaking news.
twitter.com/EricssonLabs/statuses/260653101525135360



Isis mobile payments launch in Austin comes as a surprise to Austin

News1 new result for NFC Mobile Payment
Isis mobile payments launch in Austin comes as a surprise to Austin
GigaOM
Isis, the mobile payment effort launched by the carriers, has launched in Austin, Texas, but I couldn't find many places that knew about the program or said they accepted Isis payments, despite being listed as participating merchants. This wasn't the ...
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GigaOM

Isis Mobile Wallet tests begin—but will consumers take to pay-by-phone?

News4 new results for NFC Mobile Payment
Isis Mobile Wallet tests begin—but will consumers take to pay-by-phone?
ConsumerReports.org (blog)
Some analysts forecast that only one in five cell phone users will be making mobile payments via systems like Isis by the year 2016—and that prediction is contingent on an increase in the number of merchants willing to invest in the necessary NFC ...
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ABI Research: NFC payments forecasted to reach $100 billion by 2016
TechSpot
Adoption is expected to take off more rapidly in the coming weeks / months as mobile payment service Isis rolls out in the US. Isis is a joint venture backed by AT&T, T-Mobile and Verizon designed to rival Google Wallet. The service was expected to be ...
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Retail banking's new threat
Business Spectator
In 2011 market researcher Pyramid Research forecast that 28% of all smartphones (around 250 million) sold by 2015 will be NFC enabled. Clearly, banks need to reform to ride the wave of mobile payments. ... they should collaborate with the market ...
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Isis mobile payments launch in two US cities
Mobile Entertainment
Isis is the operator-led NFC payments project from Verizon, AT&T and T-Mobile, and it's hoped this will be the project that pushes mobile payments into the mainstream. However, at the moment just nine handsets are able to use the app (although another ...
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Mobile Entertainment



Isis, The Mobile Wallet Created By Verizon, AT&T, And T-Mobile, Finally Hits

ePaymentNews results for NFC Mobile Payment
MasterCard partners on NFC payments in Poland with Orange, T-Mobile
Mobile Payments Today
Payment giant MasterCard is following its strategy of partnering with global wireless carriers to bring NFC payments to market. The company announced two such partnerships in Poland with two of that country's mobile network operators, Orange and T ...
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NFC Circle Event: Mobile Wallet Wars and Warriors
BostInno (blog)
And what is the role of other key stakeholders like mobile operators, bank issuers and payments networks?The ceremony presentation will be followed by a lively discussion between some of the retail industry's leading NFC actors. The main topic will be ...
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BostInno (blog)
RIM partners for mobile payments technology
ITBusiness.ca
EnStream, a mobile payments group consisting of Rogers, Bell and Telus, said Monday it will use RIM's Secure Element Manager (SEM) solution to manage credentials on near field communication (NFC) smartphones in Canada, according to our source ...
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Near Field Communication slips, slowly, into the mainstream
SmartPlanet.com (blog)
The wireless communication and mobile payment technology called near field communication (NFC) technology has been on the verge of changing the lives of cellphone-toting people for, oh, about the past decade or so. But with many small deployments ...
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Isis Goes Live in Austin, Salt Lake City
Wireless Week
As expected, trials of Isis' NFC-based mobile payments service went live in Austin, Texas and Salt Lake City today after its planned summer launch was delayed last month. The program will give Isis backers Verizon Wireless, AT&T and T-Mobile USA an ...
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Isis, The Mobile Wallet Created By Verizon, AT&T, And T-Mobile, Finally Hits ...
Fast Company
Isis, the mobile wallet created by Verizon, AT&T, and T-Mobile, is out being tested at hundreds of merchant locations in Austin and Salt Lake City, where consumers now have the option to "wave and pay" with their NFC-enabled smartphones. Early testers ...
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Fast Company



Isis launches consumer trials with 9 NFC-equipped Android phones

Image representing Android as depicted in Crun...
Image via CrunchBase
News1 new result for NFC Mobile Payment
Isis launches consumer trials with 9 NFC-equipped Android phones
Fiercemobilecontent
The Isis mobile wallet enables customers to pay for purchases, use store loyalty cards and redeem discounts and coupons from Near Field Communications-enabled smartphones. T-Mobile USA will offer three Isis-Ready devices at launch: Samsung's Galaxy ...
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O2 releases new mobile payments system for businesses

News2 new results for NFC Mobile Payment
Bernabe Says Italy Cash Limit Will Drive Mobile-Phone Payments
Businessweek
Mobile payments based on near field communication, or NFC, technology will be deployed on a larger scale in Italy from next year, said Bernabe, who's also chairman of the mobile-phone operators' association GSMA. Telecom Italia is holding a trial for ...
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O2 releases new mobile payments system for businesses
Android Authority
Isis, the mobile wallet service backed by AT&T, T-Mobile and Verizon saw a limited US launch yesterday. O2 has already announced involvement in a contactless NFC payment system for the UK, as part of a venture between Everything Everywhere and ...
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Android Authority



Monday, October 22, 2012

Visa and Chexar® Introduce Photo Snap Remote Deposit Capture, Offering Prepaid Users Immediate Access to Funds


Visa and Chexar® Introduce Remote Deposit Capture, Offering Prepaid Users Immediate Access to Funds


FOSTER CITY, Calif.--()--Visa Inc. (NYSE: V) and Chexar Networks, Inc. (“CHEXAR”) announced today the launch of a network platform to digitize traditional banking services for consumers. Initially, the platform will enable millions of Visa prepaid users to deposit paper checks to their reloadable Visa prepaid card using their mobile device, by simply snapping a photo of a paper check. Powered by Chexar’s technology, including its remote deposit capture platform, the service provides Visa cardholders with immediate access to funds on their Visa prepaid card, enhancing convenience and security and reducing costs for consumers. Later this year, new and existing prepaid cardholders with RushCard, AccountNow and Plastyc, as well as select FSV Payment Systems cardholders, will be able to enroll their Visa prepaid card, and immediately begin making remote deposits.
“Mobile technology and other payment innovations are enabling us to enhance Visa’s prepaid experience and bring all the conveniences of traditional banking options to consumers who choose to use prepaid.”
The platform will support check deposits to Visa cards, funds transfers between Direct Deposit Accounts (DDAs) and payment cards, person-to-person payments and bill payment services whether in-person, online, on a mobile device or at an ATM. Transactions originate and terminate with a financial institution partner and consumer funds sit within an FDIC-insured account. As consumers move between devices and deposit channels, their prepaid account now moves seamlessly with them and works reliably from any device. Chexar predicts that 11 percent (770 million) of consumer checks will be deposited using a mobile device by 2016.
“We see this network utility as more than a technology, it’s an evolution in the way people deposit and move funds and our goal is to make that process frictionless and immediate for consumers,” said Drew W. Edwards, Chexar founder and CEO. “It’s no secret that reloadable prepaid cards are growing in popularity, and we are happy to provide consumers with a secure and convenient way to deposit funds and have immediate access to their money. Our agreement with Visa represents an inflection point for the prepaid industry, and will only grow as mobile devices become more ubiquitous.”
According to Visa research, nearly 35 million consumers receive wages and government disbursements via paper check and 34 percent of the study’s participants revealed that direct deposit was not an option available through their employer. Additionally, a study of payment trends by McKinsey & Company estimated $1.18 trillion in person-to-person payments were made by check in 2009. According to the Federal Deposit Insurance Corporation, more than 28 percent of U.S. households in 2011 weren’t connected to the traditional banking system. As an alternative, many consumers have turned to prepaid. In 2011, prepaid card use rose by 18 percent according to Javelin Strategy and Research.
“Consumers are choosing reloadable prepaid cards at an increasing rate, and for many of the same reasons that consumers embrace other electronic payment options — security, convenience and reliability,” said Hyung Choi, head of U.S. Prepaid, Visa Inc. “Mobile technology and other payment innovations are enabling us to enhance Visa’s prepaid experience and bring all the conveniences of traditional banking options to consumers who choose to use prepaid.”
Reloadable Visa prepaid cards offer a secure, convenient and cost-effective alternative to cash and checks, providing consumers a better way to make everyday purchases, pay bills and now, make check deposits. As with all Visa prepaid products, users can make purchases everywhere that Visa debit cards are accepted — in stores, online or over the phone.
For more information on Visa prepaid products visit www.visa.com/prepaid.
About Visa:
Visa is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories to fast, secure and reliable digital currency. Underpinning digital currency is one of the world’s most advanced processing networks — VisaNet — that is capable of handling more than 24,000 transaction messages a second, with fraud protection for consumers and guaranteed payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, ahead of time with prepaid or later with credit products. For more information, visit www.corporate.visa.com.
About Chexar:
CHEXAR® is the national leader for technology and solutions for converting paper checks into Good Funds defined as irreversible value. Chexar is currently deploying Spyke™ — The Good Funds Network™, as the market’s leading solution to enable any consumer to convert any type of check into Good Funds from mobile and other remote capture devices.
The company’s one-of-a-kind solutions combine multiple national databases, rules engines and proprietary technology with redundant 24/7 risk management centers to achieve the industry’s highest automated and overall approval rates without limiting check type and size. Today thousands of large financial institution and non-bank financial services provider locations utilize Chexar’s technology and solutions to generate fee income and manage risk.
Chexar’s solutions are deployed across multiple platforms including turnkey point of sale solutions, assisted and self-service kiosk solutions, mobile devices, and full XML integrations. The company operates two risk management centers 24/7 with almost 400 seats to assist its clients in real-time check review and risk management.


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