Mobile Commerce is Growing, Powered by Remote Mobile Payments |
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NEWS
Up-and-coming mobile technologies raise payment security concerns
Internet Retailer, August 25, 2010
The best thing any company can do is to embed security into its marketing message by
saying, "This is more secure than anything you've ever seen".
Apple Hiring of mFoundry Exec Adds Fuel to Buzz About Payment-Enabled iPhones
Mobile Banker, August 24, 2010
Apple should be able to find a way to enter the brick-and-mortar environment because
retailers are demanding mobile payment products.
Another Bump in the Mobile Payment Road
CBS News, August 6, 2010
Each of the major players is looking to make sure they can extract maximum value from
this inevitable new paradigm.
Will Greed Keep Mobile Payments from Consumers? Or will Fear be the Real Catalyst?
Payments Industry Consultant, August 5, 2010
AT&T, Verizon and T-Mobile made big news Monday when Bloomberg reported the three of
them joining in a mobile payments venture to bring Near Field Communications (NFC)
payments to US consumers and merchants.
Turkish Bank To Launch Visa Mobile Contactless-Payment System
Payments Source, August 5, 2010
It seems appropriate that Visa would want to launch this product in Turkey because
the country has been leading in emerging payment technologies for a number of years.
Contactless readers are probably more common, and consumers will most likely know how
to use and understand the technology.
AT&T And Verizon In A Mobile Payment Alliance. Yeah, That'll Last
StoreFrontBackTalk, August 5, 2010
It's widely known that the limiting factor to NFC/contactless adoption has been that
the very large players have not been able to agree on how the proceeds from this new
payment type should be shared. Actually, they don't even agree that it should be
shared.
Merchant Resistance Could Hobble the Carrier-Led NFC Venture
Digital Transactions News, August 3, 2010
Discover has also made strides in penetrating many of the same merchants that accept
Visa and MasterCard. Discover is a powerful acceptance mark that has been built up
since the '80s.
National Processing, Datacap Strike Payment-Software Deal
PaymentsSource, July 26, 2010
Adopting integrated POS products also may help reduce a merchant acquirer's attrition rate. Because merchants tend not
to switch their business software unnecessarily, they often use the software for a long time, a benefit to acquirers
whose payment service is integrated into the software.
CreditCall Launching First Chip-And-PIN Mobile Payment Application
AmericanBanker, July 26, 2010
Though smart-phone applications give merchants an easy way to accept payments, some merchants may have to decide if it
is worth it to buy all the separate pieces or easier to use a wireless terminal. Some mobile merchants may find
wireless terminals meet their needs better than mobile applications.
Considering Mobile Payments? Some Hard And Soft Answers
American Banker, June 24, 2010
Indeed, merchants find themselves faced with increasing options as every day we are seeing more announcements about
mobile payments... But which is better? Cell phones with card swipes or payment-software applications that run on
smart phones?
Mobile Commerce is Growing, Powered by Remote Mobile Payments
Transaction Trends, May 2010
Mobile online shopping in the U.S. tripled to $1.2 billion in 2009 over 2008
according to ABI Research. Now, multiple analysts, including Juniper Research,
are projecting global mobile payments to grow to more than $630 billion by 2014.
Much of this will come from remote mobile payments. "Increasing numbers of
Americans are more comfortable than ever using their mobile phones for commerce."
This article overviews three types of remote mobile payments: carrier billing,
card-based billing and registration-based models. Each are generating interest and
revenue today.