Wednesday, May 9, 2012

30 Breaking Mobile Payment News Stories for May 9th 2012


ePaymentNews


                         30 new results for "Mobile Payment"
Flint: A New Mobile Payment App For Small Businesses Picks Up $3M From Storm ...
TechCrunch
Another mobile payments service is hitting the market today, but unlike Square, Here from PayPal, or solutions from the likes of Isis, this one doesn't require a dongle on the handset — or new technology like NFC — to work. Called Flint, the free app ...
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Will Mobile Payment Companies Expand Into SMB Marketing?
Street Fight
Square, the mobile POS (point-of-sale) and payments company founded by Twitter co-founder Jack Dorsey, is going great guns. Growth has been stellar. The company is now moving more than $3 billion per month in transactions, which means it is pocketing ...
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Street Fight
MoZeus Worldwide Develops New SMART Activator Mobile Payment Processing System ...
PR Web (press release)
We offer brands and organizations the innovative experiential marketing technology required to capture a consumer's attention and the mobile payment software necessary to ensure a safe, reliable donation transaction. MoZeus Worldwide, creator of the ...
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Mobile Payment Reader Available to Retailers at Retail
Gifts & Decorative Accessories
The mobile payment reader and service easily attaches to iPhones, iPads, Android smartphones and tablets, and BlackBerry smartphones and allows merchants to accept payments from customers with a simple swipe. PayAnywhere offers merchants around the ...
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99Bill's Smartphone Card Reader to Enable Massive Mobile Payment in China
Sacramento Bee
By 99Bill Corporation BEIJING, May 8, 2012 -- /PRNewswire-Asia/ -- 99Bill Corporation, China's leading electronic financial service provider, announced the official launch of its new mobile payment product 99Bill Card Reader.
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Major Retail Brands Select VeriFone GlobalBay Mobile POS
MarketWatch (press release)
"Retailers are deploying mobile apps to speed up services and transform the customer experience, leveraging secure mobile payment, online catalogs and streamlined inventory management." GlobalBay mPOS is part of a suite of mobile applications that are ...
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99Bill smartphone card reader pushes mobile payments for China, pretends it's ...
Engadget
99BILL CORPORATION CARD READER 99Bill's Smartphone Card Reader to Enable Massive Mobile Payment in China. (PRNewsFoto/99Bill Corporation) BEIJING, CHINA BEIJING, May 8, 2012 /PRNewswire-Asia/ -- 99Bill Corporation, China's leading electronic financial ...
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MasterCard Moves Beyond Plastic to Tap Into Mobile Payments
CNBC.com (blog)
MasterCard is betting big on mobile payments replacing credit cards and is making moves to stay on solid footing in the mobile payment space. "What we really see all of this leading to, is not only a world beyond cash, but also a world beyond plastic, ...
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CNBC.com (blog)
Are Mobile Payments Ready for Primetime? Square CTO Weighs In
PC Magazine
By Chloe Albanesius Mobile payment options have made a number of headlines recently – from Google Wallet to PayPal Here. Just yesterday, MasterCard also announced PayPass Wallet, which will let its cardholders and partners securely pay with phones or ...
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AuthenTec Introduces New Fingerprint Sensor Targeted for Secure Mobile Payment ...
EON: Enhanced Online News (press release)
NEW ORLEANS--(EON: Enhanced Online News)--AuthenTec (NASDAQ: AUTH), a leading provider of mobile and network security, introduced today a new smart fingerprint sensor tailored for mobile commerce (mCommerce) applications requiring strong but effortless ...
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Flint Mobile gets $3M for photo-based mobile payments
VatorNews
The world needs more mobile payment options. Sort of. Really, I'm waiting for the day when someone comes up with a service that will keep my banking information on my phone so that I can shop online and complete a purchase simply by tapping a button.
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They make paying for things a breeze... What you need to ask before ...
WXYZ
We're talking about mobile payment apps which let you pay for coffee, food and even merchandise by waving your phone at the check-out register. But we've learned the feds are about to take a close look at this growing high-tech way to pay.
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WXYZ
M-Pesa places Kenya in developed states' league
Daily Nation
Kenya leads the developing world in readiness to adopt mobile payment technology, according to a survey conducted by MasterCard. Photo/FILE By KEVIN J KELLEY in New York Kenya leads the developing world in readiness to adopt mobile payment technology, ...
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Daily Nation
MasterCard new PayPass plan targets… well, everyone
Geek
As a result, there are many NFC-enabled devices that do not have Google Wallet on them, so the mobile payment opportunity is lost. MasterCard is a primary backer in Google's Wallet plan, but as it becomes clear that the issues with the carriers isn't ...
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Geek
PayAnywhere is like Square, but more so
CNET
NEW ORLEANS--If a new player in mobile payment has its way, PayAnywhere will soon be everywhere. If you've heard of Square, then you pretty much already know everything you need to about PayAnywhere's point-of-sale product for mobile devices, ...
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New Tablet-Based Solution From Verizon Employs Industry-Specific Mobile Tools ...
MarketWatch (press release)
Vantiv, an integrated payment processor for businesses and financial institutions in the US, is among the first enterprise users of the new Verizon solution, deploying it as a mobile payment processor for retailers and merchants using Vantiv's payment ...
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Upstart Flint taps smartphone cameras for mobile payments
ZDNet (blog)
Many of the mobile payment solutions for accepting credit cards on-the-go rely on separate readers to collect the card information. A new option from upstart Flint Mobile, which just received $3 million in Series A venture funding, ...
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PayAnywhere card payment system debuts
Ubergizmo
Backed by North American Bancard, the PayAnywhere mobile payment system has every intention to stamp its mark on the masses, especially against other of the more recent launches, by offering a "free" card reader and no monthly fee as added incentives.
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Ubergizmo
More Android owners paying for items via their phones
CNET
Almost 35 percent of Android smartphone owners are now using mobile-payment apps to pay for goods and services, says research firm NPD. by Lance Whitney May 8, 2012 8:09 AM PDT Follow @lancewhit Android owners are increasingly using their phones to ...
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Dubai improves mobile payment gateway
FutureGov Magazine
By Rahul Joshi | 9 May 2012 New features such as auto-payments have been added to Dubai eGovernment's mobile payment gateway, making it easier to pay government fees or charges. mPay, as the mobile payment gateway is called, is currently used by a ...
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PayMate Launches Mobile Payments App For Merchants; Our Take
MediaNama.com
By Apurva Chaudhary on May 9th, 2012 | 1 Comment PayMate, the mobile payment company, has launched a PayPOS mobile application, which allows small businesses to accept credit and debit cards and process electronic transactions directly on their mobile ...
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MediaNama.com
UWI researchers propose marrying mobile money to banks
Jamaica Gleaner
However, the UWI researchers say the clear trend in other markets overseas is that banks have become the holders of the float - that is, the sum of all deposits held in the virtual mobile phone accounts - of the mobile payment systems.
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DeviceFidelity, Inc. Presents Moneto, the World's First Multi-Platform Mobile ...
PR Web (press release)
DeviceFidelity's globally renowned In2Pay® microSD and iCaisse near field communication solutions continue to be a first choice for the deployment of NFC based mobile payment service by financial institutions. The latest product offering, moneto, ...
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PR Web (press release)
Bango and Jagex partner on MasterCard's mobile wallet
Cabume - Cambridge technology news
Bango has provided its mobile payment expertise to MasterCard to help the credit card provider launch its new PayPass Wallet service, which allows users to pay for items online or in-store through a one-touch process. MasterCard says PayPass will allow ...
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Samsung confirms Olympic edition Galaxy S3
PC Advisor
The mobile payment app utilises the Galaxy S III's near-field communications (NFC) chip. DJ Lee, executive vice president of marketing at Samsung said: "Mobile payment services enabled by NFC technology are gaining momentum around the world.
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PayPal forms alliance with Softbank to launch PayPal Here in Japan
GigaOM
"By partnering with a fast-growing mobile Internet leader like Softbank, we can bring our innovative, secure online and mobile payment solutions to market faster and at greater scale across Japan." The PayPal Here service, a competitor to Square, ...
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Samsung S3 Olympics edition confirmed by Visa
Telegraph.co.uk
"Mobile payment services enabled by NFC technology are gaining momentum around the world. The Samsung Galaxy S3 is the ideal device to showcase the ease and convenience of Visa's mobile payment application at the London 2012 Olympic Games," claimed DJ ...
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Telegraph.co.uk
Is it time your business mobilized around mobile payments?
SmartPlanet.com (blog)
In July 2011, research firm Gartner predicted that the number of consumers using mobile payment options would top 141.1 million in 2011. That actually was slower than originally expected but it is still clear that retailers ignoring mobile payment ...
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Where Will Mobile Payments Happen First?
CNBC.com (blog)
The index also found that young affluent consumers are a driving factor in mobile payment adoption in some markets. Mastercard is among many financial companies trying to nudge a position in the mobile payment space at CTIA. Visa.
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MasterCard wants you to ditch the plastic, go digital
Tecca
For mobile payment systems like MasterCard's PayPass wallet to work on mobile devices, a phone needs to be NFC-compatible, and unfortunately, most older phones aren't. Visa is also developing its own digital wallet system, and like Visa, ...
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Tecca

Blogs12 new results for "Mobile Payment"
PayAnywhere Mobile Payments App and Credit Card Reader Now ...
By Matt Cameron
PayAnywhere has announced the availability of its highly anticipated mobile payment application and credit card reader for BlackBerry smartphones. With a complete set of mobile payments features, around the clock customer support and an ...
BlackBerry Cool
Verifone Strikes Back, Announces Square-like Payment Card ...
By Juli
... competition because Verifone, the largest maker of credit-card terminals, has decided to enter the world of mobile device payment processing. Verifone is planning on launching SAIL, its new mobile payment processing platform, today. SAIL ...
PadGadget
Samsung and Visa's Official Olympics Phone with PayWave ...
By Mellisa Tolentino
"Mobile payment services enabled by NFC technology are gaining momentum around the world. The Samsung GALAXY S III has been created with our human needs and capabilities in mind and is the ideal device to showcase the ease and ...
SiliconANGLE
Samsung Galaxy S3 Visa payWave edition incoming – for athletes ...
"Mobile payment services enabled by NFC technology are gaining momentum around the world," says Samsung Mobile's Executive VP DJ Lee. "The Samsung Galaxy S3 has been created with our human needs and capabilities in mind and is ...
Electricpig.co.uk - The UK's...
Visa confirms mobile payments trial with Galaxy S3 at London ...
In March we reported research by VoucherCodes.co.uk which showed that while 20% of British consumers were aware of Google Wallet, only 10% had heard of payWave. It will also face growing competition from mobile payment apps Square ...
SEO & Internet Marketing for...
PayAnywhere Soon Sold Everywhere, Adds BlackBerry App « CBS ...
By Matt Roush
Used today by merchants ranging from billion dollar enterprises to the weekend neighborhood garage sale, PayAnywhere is the payment industry's only enterprise-grade, no compromise mobile payment system suited for any size merchant.
CBS Detroit
35% Android device owners buy things with their phones by VR ...
By Brandon Shutt
"Ultimately," says Barrabee," the success of mobile payment and wallet initiatives rests on changing entrenched consumer behaviors, and shifting the reliance on, and use of, physical wallets and all of its contents to a mobile (digital) version.
VR-Zone Articles
Mobile Payment Readiness Score : Singapore tops the chart, India ...
By Tech News
Consumer Readiness: willingness to use mobile payment and current usage of the three payment types. Environment: Economic, technological and demographic elements, such as Internet access and per-capita income. Financial Services ...
Web 2.0 Asia Blog
MPB (G-Cash) Accreditation Training -May 29, 2012 — Rural ...
By RBAP
... number of GCASH partner rural banks offering mobile phone banking services to their clients and enjoy the benefits to earn additional fee-based income from GCASH transactions, cost savings in mobile payment and increase deposit level ...
Rural Bankers Association of...
Is Your Mobile Product Providing 10x Better User Experience? If Not ...
By Gary Kim
A mobile payment capability, for example, has to offer an experience that is qualitatively and significantly better than paying with cash or a credit card. It can't be a little better. It has to be a lot better. And that means it cannot be new experience ...
IP Carrier
USA Technologies Participating in the International CTIA Wireless ...
The show give us another platform from which to expand industry and customer awareness for our NFC-enabled ePort® and ePort Connect service, both of which we anticipate will benefit from the increasing use of mobile payment and the ...
Verizon Wireless related Press Releases
MasterCard Talks Up Mobile Payment Technology – Twice
By lowes1
MasterCard Talks Up Mobile Payment Technology Twice Here's how the technology would work: A PayPass icon would appear on standard and mobile-optimized websites. Consumers would click on the icon and enter a user name and ...
Mobile Innovators

Web3 new results for "Mobile Payment"
Mobile Payment Bull Market? - CNBC
Crude futures are down about 2% and just above $96, with the FMHR traders. Gary Flood, Mastercard president of global solutions, also discusses the new ...
video.cnbc.com/gallery/?video=3000088870
Sail Mobile Payment system - Windows Phone Forums at wpcentral.com
After seeing the article on Engadget, about VeriFone will be releasing an new app called Sail that will give Square some direct competition, I didn't.
forums.wpcentral.com/marketplace-apps/191547.htm
Mobile Payment Rediness Index | MasterCard Social Media ...
The official MasterCard newsroom is the place to learn why MasterCard is at the heart of ...
newsroom.mastercard.com/.../mobile-payment-rediness-index-...



New Zealand gets first commercial NFC service

News2 new results for NFC Mobile Payment
Mobile payments in Stellenbosch without GSM
Bizcommunity.com
All communication happens over the wifi network, which makes the payment process very fast. "The idea with the project was to design a really quick and reliable mobile payment experience without NFC," says Joe Botha, CEO of TrustFabric.
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New Zealand gets first commercial NFC service
NFC World
By Sarah Clark | nfcworld.com | May 9th, 2012 Mobile network operator 2degrees and prepaid card issuer Snapper have teamed up to enable commuters in the city of Wellington to pay for public transportation and purchases in local merchants with an LG ...
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NFC World



Softbank and PayPal form PayPal Japan

News5 new results for NFC Mobile Payment

Hands-on with SAIL, VeriFone's Mobile Payment Card Reader
LAPTOP Magazine (blog)
Additionally, the card reader can work in conjunction with static VeriFone countertop card readers and NFC technology. To see how an entire payment is processed through SAIL, check out our hands-on video below. Merchants using SAIL will have two tiers ...
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Paperless payments focus for summit
Trade Arabia
Leaders in the cards and payments, ecommerce and ID industries will meet in Abu Dhabi next week to discuss new strategies for the Middle East's paperless revolution and the huge growth in mobile payments. Now in its 13th year, Cards & Payments Middle ...
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Softbank and PayPal form PayPal Japan, bringing smartphone-based credit card ...
The Verge
Japan is ahead of the curve in terms of NFC-based payments, with FeliCa-based systems in widespread use both in the form of cards (Suica, Pasmo, Edy), and in phones under the name Osaifu Keitai, or "wallet phone." At the press conference, ...
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China outpaces US in mobile wallet adoption
Rethink Wireless
The analysts define a mobile wallet user as someone regularly carrying out three or more m-wallet transactions such as online banking, bill payment, online purchases, NFC-based in-store purchases, or peer-to-peer transactions.
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AuthenTec to Demonstrate Solutions for Secure NFC Mobile Payments

Web3 new results for NFC Mobile Payment
AuthenTec to Demonstrate Solutions for Secure NFC Mobile Payments
From Yahoo! Finance: AuthenTec , a leading provider of mobile and network security, today announced that it will exhibit and demonstrate its newest solutions ...
finance.yahoo.com/.../authentec-demonstrate-solutions-secure-...
Mobile payments and wallets | Digital Agenda Assembly
Is NFC (near field communication radio) the right mobile wallet enabling technology? What is the best way to transact with a mobile? Wave and pay, barcode ...
daa.ec.europa.eu/content/mobile-payments-and-wallets
BOKU brings its mobile payments to Sprint | Near Field - NFC
"mobile payments". BOKU brings its mobile payments to Sprint By Dusan Belic BOKU brings its mobile payments to Sprint. Online payments specialist BOKU has ...
https://nfcip.org/.../boku-brings-its-mobile-payments-to-sprint/



More on MasterCard's PayPass Mobile Wallet

Blogs5 new results for NFC Mobile Payment
Delineating the Mobile Value Chain: A Holistic View of Mobile ...
Delineating the Mobile Value Chain: A Holistic View of Mobile Payments. New research by Mercator Advisory Group overviews the NFC value chain and major participants in both the NFC and QR value chains - PR11869600.
Business - Latest News
dailywireless.org » Mastercard Announces PayPass Mobile Payment
By Sam Churchill
Increasingly, mobile phones can store an individual's credentials and utilize wireless technologies such as near field communication (NFC) to carry out financial transactions. There are several competing systems that offer mobile payment or ...
dailywireless.org
Samsung and Visa Showcase Mobile Payments at the London 2012 ...
"Mobile payment services enabled by NFC technology are gaining momentum around the world. The Samsung GALAXY S III has been created with our human needs and capabilities in mind and is the ideal device to showcase the ease and ...
ITbriefing.net
PayPass Wallet from MasterCard for Quick and Easy Wireless ...
By Adam Johnson
They are striving to bring one-click payment options with your NFC-enables mobile device whether you're out shopping at your favorite stores or online. MasterCard is shooting to launch the new payment service around Q3 of this year.
Android News, Rumours, and Updates
MasterCard Announces PayPass Wallet Services | WebProNews
By Mike Fossum
NFC payments can be made in-store by tapping your mobile phone, and a new PayPass online element lets you check out at a retailer by clicking a PayPass button – automatically providing your shipping and payment information to a retailer ...
WebProNews



MasterCard Talks Up Mobile Payment Technology

News2 new results for NFC Mobile Payment
MasterCard Talks Up Mobile Payment Technology
Twice
The technology can also be incorporated in smartphones equipped with Nearfield Communications (NFC) for tap-and-go payment of purchases made at brick-and-mortar retail stores. By 2016, the majority of smartphones will support NFC, enabling them to be ...
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Small and Medium-Sized Businesses Set SAIL with VeriFone
EON: Enhanced Online News (press release)
The open and flexible nature of SAIL makes the solution uniquely compatible with mobile devices, such as tablets and smartphones, as well as traditional payment acceptance devices. Other micro-merchant systems are closed to the US bank and processing ...
See all stories on this topic »



MasterCard unveils digital wallet and open API

News7 new results for NFC Mobile Payment
The World is Not Quite Ready for Mobile Payments, According to MasterCard
ReadWriteWeb
Financial Services – Depth of the financial services sector, including accessibility and affordability, and penetration of digital (plastic card-based) payments. Infrastructure – Mobile phone penetration, network coverage and breadth of NFC terminals.
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ReadWriteWeb
ViVOtech NFC Software Selected For The Telecom Council Innovation Showcase At ...
Sacramento Bee
ViVOtech, the near field communication (NFC) software and systems company, enables rich mobile commerce solutions for in-store payment, loyalty, marketing, and merchandising. Merchant, payment, mobile, web and advertising companies use ViVOtech ...
See all stories on this topic »
MasterCard Launches PayPass Wallet Services, Mobile Payment Offering
Apparel Magazine
American Airlines and Barnes & Noble will be among the first merchant partners to incorporate the PayPass Online checkout button on their websites, and American will integrate PayPass Wallet into its mobile application. "Consumers are looking to pay ...
See all stories on this topic »
MasterCard's PayPass Wallet will span online, mobile, in-store shopping
InfoWorld
Using an NFC-equipped phone at an in-store terminal, they will also get that "carousel" of selections, though they will have to choose a card from their list that could be used with the PayPass tap-to-pay system. What sets MasterCard's offering apart ...
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MasterCard launches PayPass Wallet Services for mobile, online purchases
Mobile Burn
Today at CTIA 2012 in New Orleans, MasterCard announced its new PayPal Wallet Services, which acts an an appropriate follow-up to last week's announcement of its PayPass Ready certification for mobile devices that support NFC (INFO) wireless payments.
See all stories on this topic »
MasterCard unveils digital wallet and open API
Finextra
The card giant's PayPass Wallet Services will let customers make contactless payments through cards and mobile phones in stores with NFC terminals. In addition, online shoppers will be able to store their details in the wallet and then make purchases ...
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Finextra
BlackBerry 10 OS will have multi-layered security model
Computerworld Australia
But if mobile payment technologies actually find some traction, security or at least the need for it may become more pressing for end users. RIM been an enthusiastic adopter of near-field communications (NFC) in its BlackBerry smartphones, ...
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Visa: Mobile payments could explode in 24 months

ePaymentNews              
                        4 new results for NFC Mobile Payment
Visa: Mobile payments could explode in 24 months
IntoMobile
"For Visa, mobile payments are a reality today," Greene said. He predicted that there will be multiple technology winners for mobile payments but NFC will be the key. Not only will it enable swipe to pay, it also provides a secure experience.
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USA Technologies Participating in the International CTIA Wireless Show
MarketWatch (press release)
This program was customized for Verizon Wireless at CTIA to deliver a Susie's Lemonade coupon to a mobile phone in real time when a purchase is made at the Susie's Lemonade vending machine. USAT will also be demonstrating additional NFC/Mobile payment ...
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Mobile Tag Media Wins 2012 Red Herring Top 100 Europe Award
MarketWatch (press release)
Mobile Tag Media connects brands with people when it matters the most - at the point-of-interest. Using the Mobile Tag smartphone app, users simply scan 'tags' (barcodes, NFC chips, etc.) on products, posters, POS material, etc. to instantly receive ...
See all stories on this topic »
US Carriers Intro New 4G LTE Smartphones at CTIA
Sci-Tech Today
The phone is powered by Ice Cream Sandwich -- Google's Android 4.0 mobile operating system. AT&T will launch a 4G LTE Windows Phone from Samsung on May 20. The Samsung Focus 2 will be priced at $49.99. HTC's Droid Incredible, pictured, ...
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Sci-Tech Today



Google Alert - "Near Field Communications"

Web1 new result for "Near Field Communications"
NFC Near Field Communications and Marketing
How are companies planning on deploying near field communications in marketing? Outside of mobile payments, there are many more NFC applications.
www.marketingtechblog.com/near-field-communications/



Apple Starts Testing Mobile Deals & Payments In-House With Pirq Partnership

News3 new results for NFC Mobile Payment
SMB mobile payment options add up
ZDNet (blog)
SAIL can be integrated with EMV smartcard, NFC contactless and other mobile payment standards, VeriFone said. The service works with a credit card reader that attaches to your Apple iPhone or Android smartphone; you download a free mobile app to ...
See all stories on this topic »

ZDNet (blog)
Apple Starts Testing Mobile Deals & Payments In-House With Pirq Partnership
Cult of Mac
NFC isn'ta new technology. Android and BlackBerry phones with NFC capabilities have been available for a while now and various companies have started looking at implementing NFC as a mobile payment or digital wallet solution.
See all stories on this topic »
ID card technology: Mobile phone, NFC and the design
EE Herald
Here below is what he says on Mobile Phone, NFC and the design. On Mobile Phone replacing ID card and also financial transactions cards such as debit card and credit-card, Dhiwakar finds the technology driving mobile phone as an ID device is Near Field ...
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NFC Why 2012 is looking like the start for Mobile payment

Web1 new result for NFC Mobile Payment
NFC Why 2012 is looking like the start for Mobile payment and ...
As mentioned in the first post one of the key drivers for NFC has always been mobile payment and it now looks like 2012 will be the year when all of the ...
blog.clove.co.uk/.../nfc-why-2012-is-looking-like-the-start-for...



Verifone: Come Sail Away SMB's


Small and Medium-Sized Businesses Set SAIL with VeriFone

New Open Payment Platform Integrates Social Media, Mobility and Fosters Third-Party Innovation
CTIA WIRELESS 2012
Booth # 4019
NEW ORLEANS--()--VeriFone Systems, Inc. (NYSE: PAY) today introduced SAIL by VeriFone, a streamlined, cost effective payment-as-a-service platform that provides business owners and merchants an easy and secure way to accept payments wherever business takes them. With SAIL’s simple sign-up process, merchants can begin accepting payments at cost-saving rates within minutes.
“Leveraging the VeriFone platform opens up new opportunities for our clients to transact card payments and provides a foundation that allows us to continually innovate.”
The open and flexible nature of SAIL makes the solution uniquely compatible with mobile devices, such as tablets and smartphones, as well as traditional payment acceptance devices. Other micro-merchant systems are closed to the US bank and processing community. VeriFone's unique open platform allows for rapid expansion and adoption through VeriFone's extensive network of processors, ISOs, and channel partners.
Customers using iOS or Android devices with SAIL will receive a free mobile app and card reader that securely encrypts card data with each transaction. For merchants with higher volumes and multiple locations, SAIL offers integration with traditional VeriFone countertop devices that support emerging standards such as EMV smartcard, NFC contactless, mobile wallet, and more.
“VeriFone has created a unique open ecosystem that builds on our payment-as-a-service vision to foster innovation in the developer and payments communities and maximize choice for small to medium-sized businesses,” said VeriFone CEO Douglas G. Bergeron. “We are delivering a flexible experience with the level of security and reliability that businesses and consumers have come to expect from VeriFone.”
SAIL offers two simple pricing options to meet the needs of many business types, from the newly emergent mobile merchant to those more established with fixed locations: lower volume businesses can opt for a flat 2.7% fee for swiped transactions, while those with higher volumes may select a monthly $9.95 subscription with a discounted 1.95% transaction rate that could save up to thousands of dollars in fees annually over competing services.
SAIL enables banks, technology companies and independent sales organizations to build their own payment or marketing solutions on top of VeriFone’s secure infrastructure. The platform includes a mobile SDK and secure gateway with end-to-end encryption, real-time merchant fraud screening and boarding APIs, merchant processing and settlement services, and the ability to connect to third party marketing, loyalty and social media tools.
Vantiv, Inc. (NYSE: VNTV), the third largest merchant acquirer and the largest PIN debit acquirer based on number of transactions in the U.S., will begin to market SAIL technology to select merchants. “As a simple and cost effective solution, SAIL complements our existing merchant service offerings to small businesses,” said Bill Weingart, Chief Product Officer at Vantiv. “Leveraging the VeriFone platform opens up new opportunities for our clients to transact card payments and provides a foundation that allows us to continually innovate.”
SAIL is designed to help businesses retain and attract customers through integration with social media channels such as Facebook, Twitter and Yelp. In addition, SAIL eliminates complicated processing statements and simplifies the retail checkout process, giving merchants more time to focus on managing and growing their business. Key features that enhance the ability of businesses to increase sales and better manage payments include:
  • Dynamic dashboards to access detailed reporting of each transaction and bank deposit, while a streamlined item and inventory management tool provides deeper visibility into sales and business activity.
  • Innovative bar code scanning technology in the SAIL mobile app for quicker retail check out, offer redemption, and item level data integration opportunities for third-party partner services such as loyalty and CRM.
  • The secure PAYware Connect gateway, which provides end-to-end encryption and real-time merchant fraud screening in an easy to use framework that brings 30 years of VeriFone security experience to merchants of all sizes for the first time.
The SAIL app for mobile devices is immediately available for download from the Apple App Store, and will be available on the Android Market later this month. Merchants can subscribe to the service directly from their mobile device or visit www.sailpay.com. Setup is instant, with merchants able to accept payments immediately upon enrollment.
The SAIL Developer and Channel Partner programs will officially launch in Summer 2012. Interested parties can visitwww.sailpay.com/developers to express interest in participating.



MasterCard Simplifies Shopping with Launch of PayPass Wallet Services



Platform and Services Enable Merchants, Banks and Partners to Offer the Next Generation of Digital Payments

American Airlines, Barnes & Noble Among Initial Partners

MasterCard logo

NEW ORLEANS, CTIA BOOTH # 6135 – May 7, 2012 /PRNewswire/ — MasterCard (NYSE:MA) today announced PayPass Wallet Services, a new global offering for banks, merchants and partners that will make it faster and easier for their customers to make purchases in stores or online by allowing them to securely pay with a simple click of the mouse, touch of the tablet screen or tap of the smartphone.

PayPass Wallet Services delivers three distinct components — PayPass Acceptance Network (PayPass Online and PayPass Contactless), PayPass Wallet and PayPassAPI. These services enable a consistent shopping experience no matter where and how consumers shop, as well as a suite of digital wallet services, and developer tools to make it easier to connect other wallets into the PayPass Online acceptance network.

American Airlines and Barnes & Noble will be among the first merchant partners to incorporate the PayPass Online checkout button on their websites, and American will integrate PayPass Wallet into its mobile application.

“Consumers are looking to pay for goods when, how and where they choose. Merchants want flexibility to easily accept digital payments so they can convert more browsers to buyers both online and in store,” said Ed McLaughlin, chief emerging payments officer, MasterCard. “We realize that when it comes to payments, no single wallet will rule them all. PayPass Wallet Services simplifies the shopping experience while providing flexibility and choice to merchants, banks and consumers.”

PayPass Wallet Services includes:
PayPass Acceptance Network (PayPass Online and PayPass Contactless) – Provides a globally consistent way to help merchants accept electronic payments across multiple channels whether the purchase is made in a store at the point of sale with Near Field Communication (NFC) technology or online using a computer, tablet or smartphone. PayPass Online also provides consumers with a simple check-out process by eliminating the need to enter detailed shipping and card information with every purchase.
PayPass Wallet – A full suite of digital wallet solutions enabling banks, merchants and partners to white label their own wallets. It makes online shopping safe and easy by allowing consumers to store payment and shipping information in one, convenient and secure place. The wallet is open, which means that consumers can use American Express, Discover, Visa and other branded credit, debit and prepaid cards.
PayPass API – Allows partners to connect their own digital wallets into the PayPassAcceptance Network, leveraging MasterCard’s check-out, fraud detection and authentication services and enabling their customers to make purchases whereverPayPass is accepted – online and in store.

MasterCard will make PayPass Wallet Services available to partners in the third quarter of 2012, initially in the U.S., Canada, U.K. and Australia and, subsequently, will include other countries. PayPass Wallet Services will be expanded to the point of sale over time to create an end-to-end shopping experience for consumers providing additional value-added services such as: at-a-glance account information before making a purchase; spending controls and alerts received in real time; and delivery of targeted offers, coupons and enhanced loyalty programs.

“At American Airlines, we’re passionate about giving our customers more flexibility and functionality on their mobile devices,” said Richard Elieson, managing director, Interactive Marketing at American Airlines. “By integrating PayPass into our mobile app, payment transactions become fast and easy and provide the security you would expect from a brand like MasterCard.”

“Consumers are at a pivotal point now where smartphone adoption has exploded and well over 50 percent of Americans now own one,” said Marc Parrish, vice president of retention and loyalty marketing for Barnes & Noble.com. “The technology that will allow customers to make mobile payments at the point of sale has already begun to make a difference, and Barnes & Noble is proud to be leading retail in this technology shift.”

Leading merchant, financial institutions and technology partners that are working with MasterCard to support the launch of PayPass Wallet Services include:
Financial institutions: Banesto, Bank of Montreal, Commonwealth Bank, Citibank, EURO6000, Fifth Third Bank, Grupo Banco Popular, Grupo BBVA, ICBA, Intesa Sanpaolo, Metro Bank, National Bank of Canada, PSCU, RBS Citizens Financial Group, SEB Kort AB Sweden, Sovereign Bank, Swedbank Sweden and Westpac.
Merchants: American Airlines, Barnes & Noble, Jagex, JB Hi-Fi, MLB Advanced Media (MLB.com), Newegg, Runningshoes.com, TigerDirect.com and Wine Enthusiast Companies.
Technology partners: Apriva, Bango, Beanstream, CardinalCommerce, C-SAM, Digital River, Intel, Kony Solutions, Inc., Local Offer Network, mFoundry, Moneris Solutions, Ogone Payment Services, Sage Pay, SIA and Vantiv.

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