Category: Mobile Payments
Mobile ascertain deposit, one time a reduced main concern expertise for banks, has become one of the most searched out Mobile banking app characteristics. But along with attractiveness and increased use, the promise for deception is emerging for smartphone ascertain down payments.
A latest report from ath Power Consulting recognizes isolated deposit arrest as Mobile banking users’ most desired app characteristic.
Banks are responding. Research from Celent displays that in 2009, 72% of reviewed financial institutions had no designs to offer Mobile isolated deposit arrest (RDC). By 2012, only 18% were holdouts. Read more of this article »
Posted in Mobile Payments Tagged with: deposit, Mobile ascertain deposit, RDC technology, smartphone
Areas Include:
MasterCard, American Express, Discover
A new report shows that American Express, MasterCard, Capital One, Discover and Western Union were focusing on electronic transaction processing. While American Express Company (American Express) recently announced a new executive vice president and a new chief financial officer. Read more of this article »
Posted in Mobile Payments Tagged with: Digital Wallet, e-commerce, electronic transaction, gift, loyalty, m-commerce, mcommerce, mobile point of sale, MPOS, point of sale, POS, rewards
In discussions about merchant service providers, Square and PayPal entering talks is a given. Sqaure offers free credit card readers to entice merchants to switch their credit card processing to them. PayPal recently launched an initiative to expand it’s reach into retail stores and offers to waive processing fees through 2013. With the coming rush to mobile transaction processing more companies are entering the fray. AT&T, Verizon, T-mobile and Sprint are looking to get into the credit card transaction processing gig as they already carry that data over their cellular networks. ISIS Wallet and Google’s digital wallet bring credit card transactions to Android smartphones and tablets, and Visa is expected to launch its Visa Ready program as it rolls out test merchants. Read more of this article »
Posted in Mobile Payments Tagged with: Android, bluetooth, Chip & PIN, credit card processing, Digital Wallet, EMV, fees, google, ISIS, m-commerce, merchant, merchant account, nfc, payment processor, PayPal, Rates, Square, transactions, Visa MasterCard American Express
Visa is going all out against cash driving the adoption of mobile payment services. In Europe Visa expects that over 50 million contactless payments will be made each month by years end. Head of Visa’s mobile business Sandra Alzetta expects a wave of NFC enabled smartphones from smartphone and tablet makers such as Samsung, HTC and LG. The European versions will ship with Visa’s mobile PayWave and Mobile wallet services driving their growth in mobile payment services. Read more of this article »
Posted in Mobile Payments Tagged with: Digital Wallet, HTC, LG, nfc, point of sale, POS, Samsung, Visa MasterCard American Express