It still will take awhile before mobile payments really take off in Brazil. Since the beginning, carriers and banks haven’t agree on who should lead the process. Therefore, no successful business model has been settled on for the m-payment space. For that reason, we...
Verizon Wireless has teamed up with Intuit Inc. to provide a mobile credit card payment system to small businesses using an app and pocket-sized credit card reader.
The card reader can be plugged into either a mobile phone of tablet via the audio jack, allowing credit and...
Worldwide mobile payment users will surpass 141.1 million in 2011, a 38.2% increase from 2010, when mobile payment users reached 102.1 million, according to Gartner. Worldwide mobile payment volume is forecast to total US$ 86.1 billion, up 75.9% compared to 2010. However, despite these...
Migrant workers throughout Asia, who own cell phones but not necessarily bank accounts, are the main driver for mobile money in Asia according to Sybase’s director of business development Tarik Husain.
Villagers who travel from villages and farming areas into the big cities to work...
iTnews | July 19, 2011
The City of Melbourne is deploying a pay-by-phone trial for on-street metered parking spaces.
By October, drivers in the inner-city suburb of Carlton will be able to use an iPhone application or website to pay for parking.
Read the full article here...
PayPal demonstrated its new NFC capabilities for the first time this week at the Mobile Beat 2011 conference in San Francisco.
Senior director of PayPal Mobile, Laura Chambers, gave the audience a demo of the new service by tapping two smartphones together to transfer a...
Motorola Solutions and Motorola Mobility have sunk $24 million in funding into Santa Clara based mobile payment firm ViVOtech, along with Singapore's EDBI, Citi Ventures, Nokia Growth Partners, Draper Fisher Jurveston and SingTel Innov8.
ViVOtech an NFC software and systems firm with 70% market share has stated...
HotHardware | June 10, 2011 | Ray Willington
What's needed to really get people hooked on contactless payments? Lots and lots of industry support. Google Wallet has set the bar for what's possible with NFC in thesmartphone, and now Visa is making a play to expand...
Money is an easy thing to want to be in business with -- I mean actual money. The carriers, banks, credit card companies and startups like Square Inc. are aiming for what many are predicting to be the next big channel for financial transactions....
Yesterday Google announced their long-rumoured NFC Android payment system, Google Wallet. The service was met with cautious optimism from the assembled press, and will begin trials in New York and San Francisco from today. PayPal however, aren't very happy about the new product.
Google is accelerating its march to join the mobile payment business by partnering with Citibank, Mastercard, Spring and several retailers including Macy’s, American Eagle and Subway. The company is expected to announce “mobile wallet” services tomorrow on the Google Nexus S, allowing users to...
Austin-based Tabbedout, a mobile payment solution provider, will be at local watering hole Shiner’s Saloon (422 Congress Ave. Suite D) to demonstrate and promote the company’s app to encourage patrons to experience closing out a tab on a user’s phone.
The company will randomly select...
UOL | MAy 9, 2011 | Press Release
São Paulo, May 9, 2011 – UOL, in pursuit of its growth strategy in the online means of payment market, acquired majority interest in the company Boa Compra LTDA.Boa Compra will still be managed by Christian Carneiro...
Austin-based Tabbedout, a company that offers a free mobile payment app for Android and iPhone platforms, released that the company has garnered $5.75 million in a Series A funding coup. New Enterprise Associates was the largest group in the funding with $3.7 million invested....
Unisys | April 26, 2011 | Press Release
Innovative solution uses Unisys ClearPath ePortal technology to let CEDAE customers pay bills anywhere using their smartphones
Sao Paulo, April 26, 2011 – Customers of Rio de Janeiro water utility company CEDAE can pay their water bills using...
The Internet has been abuzz with talks of near field communications and the future of the mobile wallet, and today Google Inc. announced a partnership that may take this buzz into the realm of reality. Sources close to the Wall Street Journal said Google announced a...
ORLANDO, Fla. – Imagine walking into Costco, opening up the store's mobile application, and finding the exact brand of t-shirt you're looking for within minutes; without having to speak to a sales person. Or maybe you're at Whole Foods where you regularly buy chocolates, only...
YellowPepper | March 16, 2011 | Press Release
March 16th, 2011 – MIAMI, FLORIDA – Leaders of the global and regional mobile money transfer industry will be convening in Sao Paulo, Brazil for a high level conference on developing this social and economic game-changing opportunity....
YellowPepper | March 16, 2011 | Press Release
March 16th, 2011 – MIAMI, FLORIDA – Leaders of the global and regional mobile money transfer industry will be convening in Sao Paulo, Brazil for a high level conference on developing this social and economic game-changing opportunity....
You may have heard of Square, a new mobile payment solution from Twitter founder Jack Dorsey. Essentially Square is attempting to make traditional Point of Sale services and hardware obsolete, by using your smartphone and a free card reader that plugs into your headphone jack.
The Phnom Penh Post | March 1, 2011 | Jeremy Mullins
Mobitel is in talks with Union Commercial Bank to process its customers’ mobile phone money transactions in order to meet legal requirements from the National Bank of Cambodia.
Mobitel controversially launched its Cellcard Cash money transfer...
It wasn’t 3D stealing the show at this year’s Mobile World Congress event in Barcelona, Spain, but near field communication (NFC), a technology thought to settle, once and for all, the “mobile wallet” and “mobile payment” discussion.
