Posts Tagged ‘mobile payments’
Mobile payments going mainstream at CARTES in North America
30 January 2012 | 
Author Just what combination of technology convergence, business partnerships and consumer acceptance points will finally drive the widespread adoption of global mobile payments is at the centre of the agenda at the CARTES in North America expo & conference, 5-7 March 2012 in Las Vegas, Nevada.
We, Global Prepaid Exchange, will be there, with our thoughts on the answer.
See >>> Mobile Payments Going Mainstream at CARTES in North America – MarketWatch
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Posted in Global Prepaid Exchange, Marketing | 
Tags: CARTES, Las Vegas, mobile payments | 
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Will retailers cut NFC out of the loop?
Starbucks’ decision to cut NFC out of the loop could encourage more retailers to take the same route and develop bespoke mobile phone payment apps, instead of waiting for stores and handsets to become NFC compatible.
via Will retailers cut NFC out of the loop? | Opinion | Marketing Week.
US Bank’s wearable wallet: will it flop or not?
Those who follow the broader retail banking industry will know that many of the most exciting developments occur in the payments space — chip-and-PIN, mobile payments and P2P, for example. Everyone is scrambling to stake their claim in the new digital payments frontier.
US Bank is the latest contender to throw its hat into the payments innovation ring with VITAband, a light-weight and durable wristband that combines contactless payment technology with emergency contact and medical information. You could call it a “pay bracelet” or “wearable wallet.”
Posted in Marketing | Tags: chip-and-PIN, contactless payment, digital payments, mobile payments, P2P, pay bracelet, payments, retail banking, The Financial Brand, US Bank, VITAband, wearable wallet | No Comments »
Jack Dorsey’s Square raises US$100m
Twitter co-founder Jack Dorsey’s technology company Square, which enables e-payments anywhere, has raised US$100m in Series C funding, valuing the company at more than US$1bn.
The marketplace for mobile device payments is beginning to open up and last week Google chairman Eric Schmidt said the market could be worth US$1trn within a few years as various platforms, including near field communications (NFC) and iOS-styled browser payments, make it easier and simpler for people to buy goods and services electronically.
Posted in Marketing | Tags: e-payments, Eric Schmidt, Google, iOS-styled, Jack Dorsey’s, mobile payments, near field communications, NFC, payments, Square, Twitter | No Comments »
Mobile will transform commerce
If the following extract intrigues you in the slightest read the rest of the article now.
Disruptive technologies often serve as a wedge used by attackers to work their way into markets, and not incidentally to edge incumbents out of the action. One of the most striking examples in the mobile industry been the recent dethroning of Nokia as the world’s most popular mobile platform. Nokia, which rose to the top of the market by creating sleek phones with great reception and long battery life, blinked for a moment and found that the game had suddenly changed. The playing field had shifted from practical functionality to phones with apps that can do fun things, like help you find cool places to go, shop, and share stuff with your friends. Now, Nokia must leap from a burning platform (in the words of its new CEO Stephen Elop) into icy waters if it wants to thrive again.
I think the interest part of David Sims thoughts are around the new players and market disruption that we can expect as mobile payments and NFC technology progress.
Posted in Marketing | Tags: burning platform, David Sims, Disruptive technologies, mobile, mobile payments, mobile platform, NFC, Nokia | No Comments »
Apple’s mobile payment system will fail
Consumers love convenience and right now it takes me about 10 seconds to swipe my bank debit card at the register (or pump) to make a payment. What’s gained, as far as convenience, by waving an iPhone instead of swiping a bank card is not clear to me.
via Apple’s Mobile Payment System Will Fail: Here’s Why – PCWorld.
Mobile payments and pickpockets
Google to power your mobile wallet?
The volume of mobile payments — buying boots via Zappos iPhone app, for example, or paying bills — is expected to climb to $214 billion by 2015, up from $16 billion in 2010, according to Aite Group, another financial services research firm.
And pay-by-phone is only going to get easier as our devices come embedded with Near Field Communication (NFC) devices that allow you to pay for your morning latte by waving your phone at the cash register.
via Your smartphone could be your most dangerous possession – Jan. 11, 2011.
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Posted in Marketing | Tags: Aite Group, Google, iPhone app, mobile payments, mobile wallet, Near Field Communication, NFC, pay-by-phone, phone, smartphone, Zappos | No Comments »