Friday, May 25, 2012

Cashplus® Wins “Best New Prepaid Product” at Card and Payments Trailblazer Awards 2012


LONDON--()--The Cashplus® Prepaid Card Account, offered by Advanced Payment Solutions (APS), has won ‘Best New Prepaid Product’ at the Card and Payments Trailblazer Awards 2012 in Barcelona where it was recognised by the judges as a ‘major innovation.’
“APS has stepped prepaid up a gear with the Cashplus Card. The issuer became an agency bank in order to enable Direct Debit payments from the prepaid card. Judges considered this a major innovation.”
The prestigious awards run by Cards and Payments Europe, in association with Cards International and Electronic Payments International, are for banks, retailers, vendors and technology providers from the whole of Europe. Cashplus beat competition from Citi, PayPal and Royal Sun Alliance.
The Judges are respected experts from across the payments industry and said of Cashplus; “APS has stepped prepaid up a gear with the Cashplus Card. The issuer became an agency bank in order to enable Direct Debit payments from the prepaid card. Judges considered this a major innovation.”
APS introduced Cashplus to solve a number of payment issues including:
  • Consumers pay very high penalties when Direct Debits are refused by other banks. With Cashplus there are no penalties; instead there is help to ensure that there is money in the account when it’s needed.
  • Large organisations often have difficulty managing and controlling staff expenses. Cashplus makes expense management transparent and easy to manage.
  • Small businesses, particularly start-ups, can find it difficult to open bank accounts because they have no credit history. The Cashplus account is guaranteed for UK registered companies.
  • Local authorities find managing payments expensive and cumbersome. Cashplus reduces the risk of fraud and provides an effective solution for claimants without bank accounts.
Richard Wagner, CEO of APS, explained; "We spoke to organisations and individuals about the payment issues they had. We then tried to solve them with Cashplus. One of the major ones was the limitations and penalties of Direct Debit and we’re very proud of the way we’ve solved that. We’re delighted that the payment industry has recognised our innovation and we’re very proud of winning this Award.”
The Award recognises APS as a market leader across the whole of Europe.




44 "Mobile Payment" News Stories for May 25th, 2012

News28 new results for "Mobile Payment"
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PayPal announces partnerships with 15 retailers for mobile payments
Mobile Burn
This week, PayPal announced an expansion of its mobile payment strategy as it has forged new partnerships with 15 national retail chains to support PayPal's mobile payment system. These new partnerships are in addition to the deals PayPal has worked ...
See all stories on this topic »
Digicel debuts first non-bank mobile payment system
Jamaica Gleaner
Telecoms provider Digicel this week announced what appears to be the first digital merchant payment system which does not require the use of a bank account, credit card, nor a smart phone. The product, called Beep & Go, was launched in the tiny African ...
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Mobile payments coming to a loyalty/deals app near you
GigaOM
25, 2012, 6:15am PT No Comments Groupon is reportedly testing out its own Square rival, a mobile payment system for merchants that will undercut Square and other competitor's transaction fees, according to a report by Rocky Agrawal in VentureBeat.
See all stories on this topic »

GigaOM
PayPal partners with Verifone, Equinox to accept mobile payments in-store
VentureBeat
At an event at eBay's headquarters Thursday, online and mobile payment company PayPal announced partnerships with several point of sale system companies to integrate mobile check ins, electronic receipts, and PayPal integrated cash registers.
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VentureBeat
Moocho's New Mobile Pay Program for University Students
EcommerceBytes Press Release (press release)
May 18, 2012 - Moocho has introduced a seamless mobile payment app at seven major universities. The program also gives students access to exclusive discounts on everyday purchases. With Moocho Open Tab technology, students can make purchases at Moocho ...
See all stories on this topic »
Paypal Partners Up On Mobile Payments
Portfolio.com (blog)
"We were the first major player to enter the mobile space in 2006 and we plan to exceed $7 billion in mobile payment volume this year," PayPal president David Marcus said in a blog post today. "And we're on track to change the game again in offline ...
See all stories on this topic »
Businesses slow to take up mobile payments
Air and Business Travel News
Provides members with a forum for sharing ideas and also offers independent advice. have put together a new white paper focusing on mobile payment and how it could change the landscape for corporate travel and expense management.
See all stories on this topic »
SIA Central Europe Focuses on Innovation in Payment Services in Hungary and ...
Bobsguide (press release)
SIA Central Europe and Cellum, alongside a number of mobile operators (Telenor and Magyar Telekom) and the Hungarian bank FHB, have developed MasterCard Mobile Service, a new mobile payment service based on the CellPay solution launched last fall.
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PayPal lines up 15 retailers for mobile payments, will let you buy Jamba Juice ...
Engadget
By Jon Fingas posted May 25th 2012 6:35AM Although PayPal's mobile payment system started out small with a Home Depot deal, that snowball is quickly rolling itself into a boulder. Starting next month, 15 extra US retailers will be happy to see you slap ...
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Avalara Links to Intuit GoPayment
Accounting Today
By Seth Fineberg, Accounting Today Cloud-based sales tax automation service provider Avalara has linked its geolocation sales tax engine with Intuit's GoPayment mobile payment application. GoPayment users can now calculate taxes based on the precise ...
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Accounting Today
In 2012, campaigns target voters through their phones
CNN
... on the fence about texting until they saw Hillary pull out her phone at an event in New York, and there -- live on TV -- she told voters that's how they could reach her now," said Newell, who now runs ImpulsePay, a mobile payment site in the UK.
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Bank of America eclipses 10M mobile banking customers
Fiercemobilecontent
In a recent interview with FierceMobileContent, Bank of America's David Godsman, who heads online and mobile solutions, said the company is still sizing up mobile payment opportunities. "We don't see [mobile payments and mobile banking] as two separate ...
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Federal Bank ties up with NBAD for money transfer through mobilephones
Economic Times
The bank will make use of the arrow mobile service of NBAD powered by Luup mobile payment technology for the purpose. Under the scheme, Federal Bank beneficiaries get transferred funds instantaneously. Other bank customers get the money at the next ...
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PayPal Adds POS, Retail Partners For Offline Payments
MediaPost Communications
Some 300000 small-to-medium-sized businesses have already registered to use PayPal Here, its mobile payment service for small shops. Unlike other mobile wallet initiatives such as Google Wallet and Isis, PayPal's offline payment system isn't built on ...
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A third of consumers unaware of NFC technology - study
MyCustomer.com
eDigitalResearch's first Mobile Payment Index study of 2000 consumers also showed that 89% of first-time users are likely to use the technology again in the near future. Additionally, of those that have the NFC technology enabled of their smartphone ...
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Intuit Adds GPS-Based Tax Calculator for Mobile Merchants
American Banker (subscription)
"Even people with fixed locations are challenged to calculate the right sales code and also to be able to take advantage of weird tax situations," says Trevor Dryer, lead product management for Intuit's mobile payment and point-of-sale services, ...
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A faster way to pay for your haircut at Rudy's
GeekWire
Rudy's CEO Vy Lee said that the new mobile payment service will go into effect next month at all of its locations, allowing individuals to pay via their PayPal accounts. This marks the first time that Rudy's has allowed mobile payments, with Lee saying ...
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GeekWire
Groupon Said to Test Credit-Card Reader Rivaling EBay's PayPal
BusinessWeek
By entering the mobile-payment processing market, Groupon pits itself against Square, Intuit Inc. (INTU) (INTU), VeriFone Systems Inc. (PAY) (PAY) and PayPal, which introduced a credit-card reader in March. Groupon slipped 1.2 percent to $11.89 at the ...
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A road India needs to travel
Hindustan Times
The mobile banking platform and regulatory framework is also in place for funds transfer through the Interbank Mobile Payment Services. In India, we have more than 930 million mobile subscribers, of whom 313 million are in rural areas.
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The Discovery Economy: How Your Credit Card Is Becoming A Data, Discounts Doorway
Fast Company
These systems work through more or less conventional plastic credit card tech, but the mobile payment revolution is sweeping slowly around the world, and our smartphones are going to take over many of the roles of plastic cards.
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Fast Company
Jubilee Insurance to expand to
Coastweek
"We have already introduced mobile payment services into our processes and we are exploring other mobile technology as well as internet based solutions to meet the demands of our customers, "Tumbo said. Micro insurance has also played a vital role in ...
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Nokia Lumia 610 Coming Soon to UK
Gotta Be Mobile
That variant will have Near-Field Communication support for use with mobile payment services. It's unclear when that NFC-enabled Lumia 610 will launch. The Nokia Lumia 610 has recently found itself embroiled in controversy as Nokia removed the Skype ...
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South Africa and Nigeria with highest Online Shopping Potential in Africa
openPR (press release)
Recently, however, mobile payment methods have become increasingly popular, promoting B2C E-Commerce growth in 2012. In South Africa, the share of online shoppers on the total number of Internet users has continued to grow slowly between 2009 and 2011.
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openPR (press release)
Western Union Stays Neutral
Zacks.com
Moreover, mobile payment services offered by Paypal and Xoom are gaining increased acceptance. They also offer their services at comparatively lower rates, which poses a stiff competition for Western Union's premium pricing. The company will thus have ...
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Reserve Bank's G. Gopalakrishna: 'We Have No Target for the Rupee'
Knowledge@Wharton
We feel that with the present drive of financial inclusion, mobile payment is going to be a very useful vehicle for spreading banking. India Knowledge@Wharton: I would like to end with a few questions on deposit insurance. Are all Indian bank deposits ...
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Knowledge@Wharton
5 Key Trends Impacting MasterCard's $480 Value
Trefis (subscription)
Coinciding with the surge in popularity of smartphones such as Apple's (NASDAQ:AAPL) iPhone and Research in Motion's Blackberry, developments in mobile payment and Near Field Communication (NFC) technology are revolutionizing the way transactions are ...
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Malaysian group hosts IT forum
Viet Nam News
At the event, Viet Nam's TMA software company along with its Malaysian partner Nextgrid inked a deal with online payment service provider iPay88, under which a mobile payment system will be set up across Southeast Asia using TMA Nextgrid technology via ...
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Australian businesses adopt online applications - study
Telecompaper (subscription)
Entertainment services and retail businesses expect the greatest increase in revenue from the online channel and are leading the way in making available peer-to-peer and mobile payment systems. On average, entertainment services expect to increase ...
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Blogs13 new results for "Mobile Payment"
Digicel Debuts First Non-Bank Mobile Payment System | Mobile ...
By Editor
Digicel Debuts First Non-Bank Mobile Payment System. May 25, 2012 Editor No comments. 7806394-human-hand-holding-and-giving-cash-money-. Avia Collinder, Business Writer The Gleaner. Telecoms provider Digicel this week ...
Mobile Money Africa
ERPLY Integrates PayPal for New Seamless Mobile Payment Solution
By Giorgos Saslis
Retailers can accept PayPal payments in-store. NEW YORK, NY (May 24, 2012) – ERPLY, the leading provider of cloud-based POS software, has announced a strategic integration with PayPal to provide businesses, from single to multi-store, ...
Mobile Marketing Blog
Why Canadians don't want mobile payments (yet) | UNTETHER.tv
By Doug Stephens
Canadian consumers don't want mobile payment systems as much as they wanted ATMs, but that won't stop the banks from pushing them. ... Some have wrongly compared mobile payment and ATM adoption. ATMs were readily and rapidly ...
UNTETHER.tv
E-commerce Giant PayPal Partners with ERPLY for New Seamless ...
By Otilia Otlacan
E-commerce Giant PayPal Partners with ERPLY for New Seamless Mobile Payment Solution · Otilia Otlacan | May 24, 2012. Customers can now simply "check-in" when entering retailers and have PayPal data automatically sent to register for ...
AdOperationsOnline.com
PayPal lines up 15 retailers for mobile payments, will let you buy ...
By Jon Fingas
Although PayPal's mobile payment system started out small with a Home Depot deal, that snowball is quickly rolling itself into a boulder. Starting next month, 15 extra US retailers will be happy to see you slap down your smartphone (not ...
Know All That!
Square To Get Tough Competition From Groupon & Paypal ...
By Denzil
Square might have been the first one to develop mobile payment processing for retailers but it will definitely not be the only one this year. Both PayPal and Groupon have jumped on the mobile payment idea and are rolling out their equivalents ...
WATBlog.com - Web, Advertising...
PayPal Teams with ERPLY for New In-Store Wireless Payment ...
By Social Guy
ERPLY, the leading provider of cloud-based POS software, integrates PayPal for new seamless mobile payment solution, from single to multi-store, a new way.
SociableBlog
Invitation to Gcash Accreditation Training — Rural Bankers ...
By RBAP
... number of GCASH partner rural banks offering mobile phone banking services to their clients and enjoy the benefits to earn additional fee-based income from GCASH transactions, cost savings in mobile payment and increase deposit level ...
Rural Bankers Association of...
PayPal's Feverish Sprint into Offline Payments - Javelin Strategy ...
By Mary Monahan
Only two months ago, the company announced PayPal Here, a global mobile payment service aimed to allow small businesses to accept a variety of payment methods. In a major press release today, PayPal announced a "who's who" of ...
Javelin Strategy & Research Blog
Western Union Stays Neutral
By Zacks Investment Research
Moreover, mobile payment services offered by Paypal and Xoom are gaining increased acceptance. They also offer their services at comparatively lower rates, which poses a stiff competition for Western Union's premium pricing. The company ...
DailyMarkets.com
Malaysian group hosts IT forum — TalkVietnam
By mrhoi
At the event, Viet Nam's TMA software company along with its Malaysian partner Nextgrid inked a deal with online payment service provider iPay88, under which a mobile payment system will be set up across Southeast Asia using TMA ...
TalkVietnam
In 2012, Campaigns Target Voters Through Their Phones ...
By Josiah Gorham
... fence about texting until they saw Hillary pull out her phone at an event in New York, and there — live on TV — she told voters that's how they could reach her now," said Newell, who now runs ImpulsePay, a mobile payment site in the UK.
5NEWSOnline.com -- Ft. Smith,...
Blog of Much Holding – Twitter Updates for 2012-05-25
By Joseph
"Making a mobile payment needs to be as easy as sending a text message." Indeed. #cebtg12 #; Been in Boston for two days and I have yet to hear someone talking like Mayor Quimby. #disappointed #; Three Myths about What Customers ...
Blog of Much HoldingBlog of Much Holding

Web3 new results for "Mobile Payment"
Mobile payment guidelines released — Slaw
The Canadian Bankers Association just released a mobile payments reference model as a voluntary guideline for development of mobile payments at ...
www.slaw.ca/2012/05/23/mobile-payment-guidelines-released/
Adventures in Mobile-Payment App Field Testing - PaymentsJournal
Adventures in Mobile-Payment App Field Testing. May 16, 2012. Emerging_Technologies. Will Hernandez. Mercator Advisory Group. Since I began reporting ...
www.paymentsjournal.com/Content/Blogs/Mercator.../11747/
Pacific mobile network launches mobile payment service – Tonganz ...
Pacific mobile network launches mobile payment service. Posted by: Publisher Posted date: May 14, 2012 In: Tongan News. Digicel Pacific Limited, a mobile ...
www.tonganz.net/.../pacific-mobile-network-launches-mobile-...



Knowledge of mobile payments lacking in industry, finds study

News4 new results for NFC Mobile Payment
Is Near Field Communication a Near-term Opportunity?
N-Mark Logo for certified devices
N-Mark Logo for certified devices (Photo credit: Wikipedia)
Consumer Electronics Net
... MasterCard and Microsoft, Near Field Communication (NFC) seems poised to be the next big thing in mobile apps. Another reason? The ultra-short-range wireless technology can facilitate a wide variety of tasks, including brokering cashless payments, ...

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Knowledge of mobile payments lacking in industry, finds study
Travolution
Mobile payment works without credit cards or cash. Instead, travellers only have to hold their smartphone against a contact surface to book a ticket. The technology that enables such transactions is called "Near Field Communication" (NFC).
See all stories on this topic »
Everything Everywhere trials NFC for transport ticketing
Inquirer
By Lee Bell MOBILE OPERATOR WITH THE CONFUSING NAME Everything Everywhere has begun trials allowing customers to pay for travel through smartphones using near field communications (NFC). In a statement today, the operator that runs Orange and T-Mobile ...
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MoneyTV with Donald Baillargeon, 5/25
Broadcast Newsroom
Near Field Communication, or NFC, is an ultra-short-range wireless technology designed to facilitate tasks that range from making cashless payments to unlocking doors. With NFC-enabled mobile phones now commercially available, it`s time for developers ...
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Google launches pre-paid NFC transit card in Kenya

ePaymentNews3 new results for NFC Mobile Payment
Phones set to replace train tickets as app is launched to allow passengers to ...
This is Money
Customers will be able to pay their fare, for one journey or a long-term pass, via an app on their mobile. The phone is then used as a 'smart' ticket – similar to London's Oyster card – tapped at the terminal on the rail platform gate or next to the ...
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This is Money
Stagecoach and EE launch mobile ticketing
Marketing Week
Quick Tap is the service that also allows Orange users to pay for items at retail outlets such as Eat, Pret a Manger and Subway, by tapping their phones against a compatible NFC (Near field communications) reader. Gerry McQuade, chief marketing officer ...
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Marketing Week
Google launches pre-paid NFC transit card in Kenya
Finextra
Conductors on the bus network in Kenya tap the beba cards on an NFC-enabled mobile phone to process the payment, and the user gets a receipt by SMS. The beba Wesbite offers a full transaction history. The cards may find a niche as they protect users ...
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Finextra



PayPal partners with POS makers, merchants on mobile payments

News2 new results for NFC Mobile Payment
Could Your Smartphone Replace Your Wallet?
English: Logo of PayPal. Español: Logotipo de ...
English: Logo of PayPal. Español: Logotipo de PayPal. Русский: Логотип системы PayPal. (Photo credit: Wikipedia)
Forbes
Customers can choose to either pay with the mobile PayPal app, and as the POS systems used to process PayPal payments via manual entry require customers to input a PIN, there's no need to verify identity by showing an ID to the sales associate.

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PayPal partners with POS makers, merchants on mobile payments
Mobile Payments Today
PayPal is pressing forward with its offline strategy, giving retailers another way to tie together e-commerce and retail payments. The company announced a new partnership with VeriFone Systems Inc. and Equinox today. The deal includes a comprehensive ...
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Peelable NFC antenna from Taoglas

ePaymentNews      1 new result for "Near Field Communications"
Peelable NFC antenna from Taoglas
English: Transmission antenna
English: Transmission antenna (Photo credit: Wikipedia)
ElectronicsWeekly.com
Taoglas has recently introduced an off-the-shelf near-field communications (NFC) antenna. The FXT.01 NFC tag antenna and FXR.01 NFC reader antenna operate at 13.56MHz and provide a matched 50ohm antenna for NFC readers. It measures 54x37x0.1mm and ...

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VeriFone Systems, Inc Management Discusses Q2 2012 Results - Earnings Call

News2 new results for NFC Mobile Payment
VeriFone Systems, Inc Management Discusses Q2 2012 Results - Earnings Call ...
Seeking Alpha
Merchants with higher volumes or multiple locations cannot for traditional VeriFone Systems that support emerging standards such as EMV, smart card, alternative payments and NFC mobile wallets. Unlike other merchant aggregation solutions, all enrolled ...
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Death of the bus ticket as Stagecoach passengers to pay by smartphone
Scotsman
The Perth-based firm said the move would enable travellers to use the latest version of mobile phone technology to both pay for fares and replace paper tickets. This would be one step forward from current travel smartcards, such as those being trialled ...
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Scotsman



NFC Image Share and Mobile Payment (Visa/Mastercard) for Nokia 808

Blogs                                 NFC Mobile Payment
NFC Image share and mobile payment (Mastercard/Visa) for Nokia ...
By Jay Montano

Quick heads up on the Nokia 808 PureView again, this time concerning the NFC feature. Namely image sharing and mobile payment. NFC image transfers have been seen before on Nokia Belle devices. Nokia has apparently already applied ...
My Nokia Blog

NFC Image share and mobile payment (Mastercard/Visa) for Nokia 808 PureView

 | May 24, 2012



Payments and Consumer Technology Leaders See Mass Market ...
By Smart Card Alliance
The journey to NFC is in the "middle stages" and NFC is "getting well along the way to mass market adoption," James Anderson, group head and SVP, Mobile and Emerging Payments at MasterCard, told more than 400 Summit attendees ...
Smart Card Alliance
NFC Payments Here to Stay for 9 out of 10 Users | MobileFI
By John
Clairmail announced the release of Clairmail Plus, an offering specifically designed to help mid-tier regional banks, community banks and credit unions seamlessly deploy Clairmail's award-winning mobile banking and payments solution for ...
MobileFI

Apple may choose Bluetooth over NFC for iWallet

News                     2 new results for NFC Mobile Payment
Apple may choose Bluetooth over NFC for iWallet
QR Code Press
Apple, also showing interest in mobile payments, may be taking a new approach to the matter. Speculation abounds concerning Apple's next generation of its popular iPhone. Many believe that the new iPhone will be equipped with an NFC chip that will ...
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QR Code Press
RFID News Roundup
RFID Journal
Alien Technology's handheld RFID reader gives Bones TV show high-tech RFID capability; German mass-transit authority sells more than one million NFC-enabled mobile transit tickets; Wavemark works with Umass Lowell student engineers to develop new RFID ...
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