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| Reliance Capital launches mobile-based payment system Telecompaper (subscription) RCAM will provide the Interbank Mobile Payment Service (IMPS) platform to investors for making investments in mutual funds. Investors are required to register themselves with their respective banks for mobile banking services, get mobile money ... See all stories on this topic » | ||
| GCS expands tPago m-payment system to LatAm Telecompaper (subscription) GCS International, a provider of mobile payment systems management based in the Dominican Republic, plans to expand its tPago mobile transactions platform to Colombia, Guatemala, El Salvador and Puerto Rico. GCS has signed agreements with local ... See all stories on this topic » | ||
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Sunday, August 12, 2012
iPhone 5 Release Date Nears: Sprint Axes iPhone 4S to $149.99
Mobile payments are considered a safe bet by top companies
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Saturday, August 11, 2012
NFC, Digital Wallets, And The Future Of Payments - Forrester
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NFC, Digital Wallets, And The Future Of Payments - Forrester ..."The key long-term driver for NFC technology is that it can enable many new product and service experiences beyond just mobile contactless payments.Editors note: I agree that NFC is much more than payments and I maintain that the most important aspect of NFC is going to be authentication. We just saw Apple buy AuthenTec for that "very reason." So, who will win the Authentication battle? Might I suggest that NFC Data, holder of the V-SIM Patent (which covers ANY authentication done "outside the SIM card") recognized that NOTHING happens without first authenticating the user. After all, NFC opens a lot of doors and the key to opening said doors relies on authentication... See more on the V-SIM Patent below: www.forrester.com/NFC+Digital+Wallets.../-/E-PRE3884 |
Tech Giants Partner to Talk Mobile Payment Standards
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Major m-commerce players unite under ETA's Mobile Payments Committee
The Electronic Transactions Association has launched a Mobile Payments Committee (MPC) that brings together Google, PayPal, the U.S.'s four main mobile carriers – AT&T, Sprint, T-Mobile, and Verizon – and major financial institutions in the name of ... See all stories on this topic » | ||
Tech Giants Partner to Talk Mobile Payment StandardsPC MagazineAT&T, T-Mobile, and Verizon have already signed on for Isis, a mobile payment system that uses Near Field Communications (NFC) technology for quick-and-easy payments. It's being tested in Austin, Tex. and Salt Lake City, Utah, and American Express ...See all stories on this topic » | ||
| US Wireless Carriers Unite Around Mobile Payments WebProNews The mobile payments industry has not yet taken off in the U.S. or much of Europe. With the news that Apple will include NFC technology in the iPhone 5, it's clear the mobile industry thinks Apple will quickly propel mobile payments in the U.S. and Europe. See all stories on this topic » |
Starbucks Squared
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| Vivo set to launch NFC, commer ... Business News Americas "We expect to announce our partners in that initiative in the next two months," Vivo's products and financial services director MaurÃcio Romão told BNamericas during a mobile payment conference in São Paulo. According to Romão, the main problem with ... See all stories on this topic » | ||
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Analyst Says Service not Payments will Drive NFC
By Amy Gant Analyst says services, not payments, will drive NFC to mass market. Posted on 10th Aug 2012 by Amy Gant. Let's say you are one of the lucky consumers that purchases one of the 100 million NFC-enabled mobile devices that will ship ... Gemalto telecom blog | ||
| Featured: Major US Carriers + Google Form Mobile Payments ... By Matt Pedigo NFC Mobile Payments. Remember Google Wallet? No? Chances are that unless you're one of a few Nexus S or Galaxy Nexus users, you don't. I had completely forgotten about it until I picked up my Nexus 7. And since the Nexus 7 is WiFi ... Android Headlines | ||
| All Four Major U.S. Carriers Join Google, ISIS and Major Financial ... By Justin Crouch Google knows it's a challenge to find places to pay with NFC and so do other financial institutions looking to break into the industry. Well Google, Isis, PayPal, VeriFone and the big four carriers in the US are banding together to form the "Mobile ... Android News, Rumours, and Updates | ||
| GSMA announces initial speakers for NFC & Mobile Money ... By admin To give you a flavour of what the conference and exhibition is about, the list of topics includes: – Exploiting opportunities for Mobile Money in untapped markets; the current state of the NFC market; innovations in m-payments; plus the future of ... GoMo News | ||
| Could Smartphone Payments Make Their Way to Field Service ... By Tiffany Kaiser On the other hand, non-NFC mobile payments are definitely in use. Roto-Rooter, for instance, currently issues techs smartphones that run a proprietary software called eTrace that lets workers log in, swipe, and process a credit-card payment ... The SmartVan | ||
| Google, PayPal and US Carriers Start Pushing Mobile Payments Even By Dennis Google, PayPal and US Carriers Start Pushing Mobile Payments Even Stronger. by Dennis on August 10, 2012. The London 2012 Olympics marked a big push from Visa and Samsung to boost NFC payments via handsets. Now, Google ... Latest electronics | ||
| Mobile powerhouses join the Mobile Payments Committee By Phone Arena Still, this is definitely a big step towards really making mobile payments a viable option in the US market. It would be nice to see more standards put in place as far as how mobile payments are best made, be it NFC, QR codes, bar codes, etc. PhoneArena - News |
Mobile Payments Chicken-Egg Problem Goes to Committee
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 TechNewsWorld Just as technology helped tame the real Wild West via the telegraph and railroad, technology will tame the mobile payments space via handsets that support NFC (Near Field Communication). "Each player has tried to make this work in their own corner of ... See all stories on this topic » | ||
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| Film of the NFC South chat ESPN (blog) Meantime, I'll let you ponder some of the team-by-team highlights from Friday's NFC South chat. TAMPA BAY BUCCANEERS Curt Dunedin Florida [via mobile]: Why doesn't Josh Freeman get the love Stafford or Sanchez does? Pat Yasinskas: Umm, maybe ... See all stories on this topic » | ||
| New Apple Patent Again Shakes Views of Its Mobile Wallet Plans American Banker (subscription) Even so, an insider told The Wall Street Journal last month that Apple remains reluctant to commit to any specific technology or facet of mobile payments. The latest news nevertheless shows that Apple is clearly staking out its position on NFC, while ... See all stories on this topic » |
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Isreali teleco, credit card co. partner for NFC payments
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| Starbucks and Square want your phone to be your wallet Reuters Blogs (blog) GPS mobile payments are at the opposite end of the conceptual spectrum from NFC, and therein lies their power. NFC is specifically designed to work only over tiny distances – a few centimeters – the better to avoid mishaps that might occur if you were ... See all stories on this topic » | ||
Isreali teleco, credit card co. partner for NFC paymentsNFCNews (blog)The partners will establish a "customers club" for Cellcom subscribers, whose members will receive a mobile version of an ICC credit card that can be used to make contactless mobile payments on an NFC-enabled smart phone. Club members will also be ...See all stories on this topic » | ||
| Inside peek at Olympic contactless payment trials NFCNews (blog) To those staff who were not yet familiar, Warman noted that NFC payments were often met with a "quizzical look," with one staff member observing that tapping and paying with a mobile phone "is like the future." Warman went on to observe that the ... See all stories on this topic » | ||
| Isis, it's not you; it's your business model Mobile Payments Today (blog) A well thought out direct-to-consumer strategy, and a Google Wallet decoupled from its NFC moorings (or bypassing the traditional carrier distribution model that is the accepted norm for mobile payments), can even slip under Apple's watchful eyes ... See all stories on this topic » | ||
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Friday, August 10, 2012
TapBase Introduces TapPay and TapWallet Mobile Applications for the iPhone
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TapBase introduces a different approach to mobile billing and payments with its TapPay and TapWallet apps.
Palo Alto, CA (PRWEB) August 09, 2012
TapBase has announced the official release of its TapPay and TapWallet mobile applications for the iPhone as key elements of its Tap mobile payments, loyalty and rewards platform. “After a significant development and testing effort, we’re very pleased to offer merchants and consumers a feature-rich mobile payments billing and payment solution”, reported CEO, Robert Mallett.
“Although there are a number of mobile payment solutions now available in the marketplace, our system mitigates some of the risks inherent in performing payment transactions away from the traditional bricks-and-mortar retail store. For example, a customer can request a bill be sent to their own device; the customer can then complete the transaction without having to directly share sensitive credit card data with the merchant.”
The TapPay application was designed and developed with significant input from small businesses and the functionality extends far beyond the payment processing available from existing mobile payment systems. For example, merchants can use the integrated barcode scanner to manage a mobile database of products and services; items can be instantly called up and added to a mobile shopping cart where discounts, miscellaneous charges and/or tips can be applied. Using an optional magnetic-stripe reader, credit and debit cards can be swiped or a bill can be sent directly to a customer’s smartphone.
The TapWallet application allows consumers to securely store and carry payment card information as well as loyalty and membership cards. When a bill arrives, the customer selects a payment card, signs the transaction on their phone and authorizes the payment. Within seconds, the merchant is notified that the transaction is complete and is provided with a copy of the receipt. This innovative system is fast, easy and convenient for both the consumer and merchant.
TapBase plans to offer Android versions of the apps and launch further components of its platform in Q4, 2012. This will include the ability for merchants to issue their own virtual pre-paid and gift cards using QR codes and NFC technology. Additionally, merchants may offer rewards to customers in the form of TapPoints – a virtual currency offered only on the Tap Platform.
TapBase LLC was founded by a team of experienced professionals with backgrounds in banking, smart cards, wireless and information technology. The company is an angel-funded startup based in the San Francisco bay area.
Vantiv Launches a Mobile Accept Application
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Vantiv Launches Mobile Accept Application (via PR Newswire)
CINCINNATI, Aug. 9, 2012 /PRNewswire/ -- Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, announces the introduction of its new mobile payment app Vantiv Mobile Accept. The simple…
VeriFone Selected for Contactless Payment Rollout in Mexico City
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VeriFone Selected for Contactless Payment Rollout in Mexico City
First Major Contactless Project in Mexico Utilizes VeriFone VX 520 and VX 820 Payment Solutions
SAN JOSE, Calif.--()--VeriFone Systems, Inc. (NYSE: PAY), will provide the merchant payment solutions in the initial phase of the first major contactless payment rollout in Mexico City by the Mexican bank Banamex, which begins today.
“VeriFone is a key enabler in this electronic payment experience in Banamex, which will provide consumers and merchants with an easier, more convenient way of payment.”
Banamex, part of Grupo Financiero Banamex and a member of Citi, is implementing a full-scale contactless payment deployment. In the first phase, several thousand VeriFone contactless-enabled card acceptance systems will be deployed to 1,900 merchants in the Mexico City metropolitan area. The bank is also issuing 100,000 contactless credit and debit cards to begin the transition to the new innovative way of payment.
The bank will deploy the VeriFone VX 520 to merchants who use traditional standalone countertop systems, and the VX 820 advance PIN pad to larger retailers that integrate payment systems to electronic cash register systems.
“VeriFone is the natural choice to provide the merchant acceptance solutions, based on its leading technology and experience in Mexico,” said VeriFone Country Manager Erick Lopez Sanchez. “VeriFone is a key enabler in this electronic payment experience in Banamex, which will provide consumers and merchants with an easier, more convenient way of payment.”
By end of 2012, the bank expects to have issued 1 million contactless cards and to have deployed 12,000 payment acceptance systems. For purchases of less than 250 pesos (approx. US$15), contactless payments will require no signatures, resulting in quick service in locales such as fast food restaurants, bookstores, pharmacies, magazine stands and other types of businesses.
45 "Mobile Payment News" Stories for August 10, 2012
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| Mobile payment apps allow customers to leave wallets at home WATE-TV "We don't even have to have power in the truck, and we can still accept credit cards. You can just swipe the card and it will go right (through the iPad)," said Byron Sambat, co-owner of Savory and Sweet. For the family-run Pups and Pals in North Knoxville, the ... See all stories on this topic » | ||
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| Google, PayPal, and U.S. carriers join committee to increase mobile payment ... Mobile Burn The Electronic Transactions Association announced today that it has formed The Mobile Payments Committee, an alliance of companies involved in the mobile payments sector working to achieve their common goals. Though members have competing ... See all stories on this topic » | ||
| Will Starbucks' deal with Square finally make mobile wallets happen? The Week Magazine Starting this fall, Starbucks is partnering with Square, the mobile payment start-up, to have the new company process all of the coffee purveyor's debit and credit card transactions. The team-up marks a monumental victory for the two-year-old mobile wallet ... See all stories on this topic » | ||
| The Campaign to Digitize Your Wallet Is Intensifying New York Times Seth Priebatsch, chief executive of Scvngr, a start-up that offers a mobile payment app called LevelUp, said the move could risk alienating other big retailers. Square has invited Howard D. Schultz, Starbucks's chief executive, to its board. That would give the ... See all stories on this topic » | ||
| Starbucks Partnership with Square Is a 'Game Changer' for Mobile Payments HispanicBusiness.com Even as Hamadeh predicted a wave of new venture capital investment in mobile payment companies, Starbucks said it will put $25 million into Square as part of the partnership. That investment will be included in a funding round that Square has yet to ... See all stories on this topic » | ||
| Payment trade association forms mobile payment committee Mobile Payments Today The trade association of the payments industry is launching a new committee aimed at addressing the policy and business issues accompanying the growth of mobile payments. The Electronic Transactions Association announced that its Mobile Payments ... See all stories on this topic » | ||
| Schultz and Dorsey on Why Starbucks Needs Square Wall Street Journal (India) Starbucks and mobile payment innovator Square recently announced a partnership that would allow Starbucks customers use Square's technology to pay for their coffee. In an exclusive interview with WSJ's Alan Murray, Starbucks CEO Howard Schultz and ... See all stories on this topic » | ||
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| Starbucks adopts St. Louis-born payment gizmo STLtoday.com Starbucks plans to add the Square system to its own current mobile payment systems, which use iPhone and Android devices. Those apps let customers pay by scanning a bar code on the phone's screen. Starbucks added those systems over the past year. See all stories on this topic » | ||
| Mobile Payments Are About to Become Standardized. Really Good or Really ... Gizmodo It does include other mobile payment participants like Google and PayPal—though it's missing Square, which is now an even humongouser figure in mobile payments thanks to being in every Starbucks. So a lot of the non-carrier muscle is sitting this one out, ... See all stories on this topic » | ||
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| Square, Starbucks Deal: Could Your Team Do It? InformationWeek But Starbucks also has built an infrastructure--with its organization and its technology--to cut this kind of deal. That infrastructure makes deals like this more likely to happen. And it makes it more likely that technology like Square's mobile payment processing ... See all stories on this topic » | ||
| PayPal, Vivo launch Brazilian mobile payment service Mobile Payments Today PayPal has taken its partnership with Brazilian telecommunication company Vivo to the next level. The companies announced a partnership aimed at creating a mobile payment solution last year, and now that plan has come to fruition. On the PayPal blog, ... See all stories on this topic » | ||
| Reliance Capital arm launches mobile-based payment system SME Times RCAM is the first asset management company to offer the Interbank Mobile Payment Service (IMPS) platform to investors for making investments in mutual funds, the company said in a statement. IMPS is a payments platform that allows customers to use ... See all stories on this topic » | ||
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| Mobile Payments Committee Announced: Includes All 4 Major US Carriers iMedia Connection (blog) Worldwide mobile payment transactions are estimated to total $171.5 billion in 2012; a 62% increase from last year's $105.9 billion, and could reach $617 billion by 2016, according to research firm Gartner. There's no doubt that mobile payments are a ... See all stories on this topic » | ||
| Google, PayPal, VeriFone and US carriers band together to form Mobile ... Engadget In an effort to define a way forward for the mobile payment industry, a large number of heavy hitters have banded together under the umbrella of the Electronic Transactions Association to form the Mobile Payments Committee. Not only does the group include ... See all stories on this topic » | ||
| Starbucks Accelerates Mobile Payments Hospitality Technology Starbucks Accelerates Mobile Payments. Starbucks Coffee Company, with its leading mobile payment platform, and Square have announced a broad innovative partnership to bring the best possible payment experience to both sides of the Starbucks counter. See all stories on this topic » | ||
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| Smartphone to replace wallet? Campaign to digitize your purse is intensifying Economic Times But not everyone is convinced that Square's buddying up with a behemoth like Starbucks is such a good idea. Seth Priebatsch, chief executive of Scvngr, a startup that offers a mobile payment app called LevelUp, said the move could risk alienating other big ... See all stories on this topic » | ||
| NQ Mobile's CEO Discusses Q2 2012 Results - Earnings Call Transcript Seeking Alpha The year-over-year increase was primarily due to the increased customer acquisition costs as a result of more users acquired in the second quarter and higher revenue sharing with mobile payment service providers which is consistent with the increase of ... See all stories on this topic » | ||
| Vesta expands its global mobile top-up services Mobile Payments Today Related Content. Square and Starbucks to form mobile payment partnership · Square and Starbucks to form mobile payment … GoPago enters tablet POS market with GoPago LIVE · Rebooted Google Wallet now accepts any credit card · Easy Source ... See all stories on this topic » | ||
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| Four Major Carriers Join Google In Mobile Payments Committee Gotta Be Mobile The only noticeable thing missing from the Mobile Payment Committee is Square. When Square partnered with Starbucks this week, the two companies formed the largest mobile payment system in the U.S.. We hope this committee comes up with a way to ... See all stories on this topic » | ||
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| Vantiv gets into the mobile POS game Mobile Payments Today Payment processor Vantiv Inc. has introduced its new mobile payment app, Vantiv Mobile Accept. The app, designed for small and medium sized businesses, lets merchants use mobile devices to quickly and securely swipe credit, debit and prepaid cards. See all stories on this topic » | ||
| Vantiv launches Mobile Accept application Telecompaper (subscription) Vantiv, a provider of payment processing services and related technology products for merchants and financial institutions of all sizes, launched its new mobile payment app Vantiv Mobile Accept. The app enables any merchant to bring Vantiv's payment ... See all stories on this topic » | ||
| TapBase introduces TapPay, TapWallet apps for iPhone Telecompaper (subscription) The TapPay application was designed and developed with significant input from small businesses and the functionality extends far beyond the payment processing available from existing mobile payment systems. For example, merchants can use the ... See all stories on this topic » | ||
| Big four US carriers taking part in Mobile Payments Committee along with ... PhoneDog The Mobile Payments Committee has plans to help its members figure out form relationships to aid in mobile payment interoperability, work with regulators and legislators on how to form public policy related to mobile payments and teach both consumers and ... See all stories on this topic » |
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| Vantiv Enters The Mobile Payments Battlefield By Phillip Parker You can now add another option to the ever-growing list of mobile payment processing applications. As of today, Vantiv, Inc., has introduced its new mobile payment app, Vantiv Mobile Accept. The application will allow users to accept debit, ... Merchant Account & Credit Card... | ||
| Taking Electronic Payments through Your Smartphone: Perfect for ... By mariachambers With a smartphone mobile payment app, your phone becomes your payment center. The basics of how this works are the same for all mobile payment services. You enter the amount to charge and hit total. The apps will have settings that you ... Small Business Can | ||
| Google teams with leading US carriers to form Mobile Payments ... By Élyse Betters Among the issues the committee is tackling, it will help participants figure out the complex business relationships necessary to make mobile payment options interoperable; help legislators and regulators understand how to develop mobile ... 9to5Google | ||
| How Mobile Loyalty Programs Are Revolutionizing Business ... By Ralph Tedly Mobile loyalty platforms like these make it easy for large groups to split the tab, and quickly pay the bill via secure mobile payment options. The savvy restaurant can place promotional offers and to the application to entice restaurant orders to ... Rovin Net |
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| Commerce Weekly: Starbucks gives Square's mobile payment a big ... Harry McCracken points out in a post at Time Techland the partnership will put Square in a much better position to compete on the mobile payment front. radar.oreilly.com/2012/.../starbucks-square-mobile-paymen.ht... | ||
| Big Four Carriers Form New Mobile Payment Initiative (Phone Scoop) AT&T, Sprint, T-Mobile USA, and Verizon Wireless have joined a new task force called the Mobile Payments Committee. The Mobile Payments Committee was ... www.phonescoop.com/articles/article.php?a=10936 | ||
| Vantiv launches mobile payment app Vantiv launches mobile payment app. Vantiv (VNTV), a leading provider of payment processing services and related technology solutions for merchants and ... www.finextra.com/news/announcement.aspx?pressreleaseid... | ||
| Square joins Starbucks' largest mobile payment network Mobile payments is a huge new market that no one is quite sure what to do with yet. Everyone has a different philosophy on how to make it all work, and while ... www.phonearena.com/.../Square-joins-Starbucks-largest-mobil... |
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