Tag: NFC
Vodafone Hungary to test NFC m-payments at Sziget festival
Here’s a good trial of NFC m-payments in an entertainemtn environment. The whole scheme seems to focus on the consumer first including cashing-out and theft of cards. Well done Vodafone and good luck. During the 18th edition of the festival, a number of Vodafone customers will also be able to make NFC-based payments using NFC-enabled…
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Why PayPal doesn’t care about NFC
“The problem with NFC payments is that they don’t do anything to help generate new leads,” says Laura Chambers, Senior Director of Paypal Mobile. They also don’t do much to encourage repeat business, she says. PayPal services about 9 million merchant accounts, many of which are mom-and-pops who don’t want the expense of credit card…
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Google planning payment test in New York and San Francisco
Google Inc. plans to start testing a mobile-payment service at stores in New York and San Francisco within four months, letting shoppers use their phones to ring up purchases, two people familiar with the project said. The company will pay for installation of thousands of special cash-register systems from VeriFone Systems Inc. (PAY) at merchant…
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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…
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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…
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