Wednesday, September 19, 2012

Visa releases Olympics NFC and contactless usage statistics

By  in Nice | September 19th, 2012

"The response has been extremely positive and our priority now is on turning that enthusiasm into commercial mobile payment deployments across Europe," says Visa's Mary Carol Harris, adding that "we recognise that the journey is a marathon, not a sprint."
The 726 Visa staff, partners, Visa-sponsored athletes and journalists issued with Samsung Galaxy S III NFC phones equipped with a Visa mobile app used their devices to make an average of fifteen transactions each during the London 2012 Olympics, Visa Europe has revealed.  
read more 


Advertisement from IMI, the Publisher of ePayment News:


IMI Provides the Avenue that Drives Traffic
IMI creates and builds "breaking news" websites around industry specific keywords.  Our proprietary "NewsBots" scour the web for specific keywords and once a breaking news story surrounding the keyword is found, it is sent to our server and edited into a news posting containing a Title, Photo, author credit, 25 word blurb and a direct link to the original content provider. The process is well served by the search engines and works as a traffic magnet.  We will provide "targeted traffic" to any vertical, any niche, any subject.  Click here to request more info  Live Site Examples: Near Field Communication News or take a look at the "Breaking News Site" we built for the NBA's Miami Heat. NBANewsHeat.com   Visit  Breaking News = Traffic to learn how your industry related breaking news website can be a "targeted" traffic magnet.

To provide you with an idea of the power behind our technology, we recently announced the upcoming release of NFLNews*.com (* denotes the name of the team)  So let's use the search term: "NFL News for All 32 Teams."  Relatively generic, and keep in mind we're competing with the likes of The NFL, ESPN, NBCSports, CBSSports, YouTube, Wikipedia, ABCSports, and myriad other established sites.


So how do we perform?  Admirably.
Out of 1.05 Billion Search Results,

IMI is #7 and #8 (see below)

Click the graphic below to enlarge:


Infographic: Retail Fraud Taking a Greater Financial Toll According to LexisNexis® 4th Annual True Cost of Fraud Study


E-commerce, mobile merchants experiencing higher losses, while international merchants are facing increasing threats

ATLANTA--()--Retailers incurred $2.70 in costs for every dollar in fraudulent transactions according to the 4th annual LexisNexis® True Cost of Fraud Study. The study utilizes the LexisNexis® Fraud Multiplier, which calculates the “true cost” of fraud incurred by merchants. That cost incorporates charge backs for merchandise, the fees and interest to financial institutions and payment processors as well as any replacement, redistribution or restocking fees incurred by a merchant. The study also reveals that retailers who offer mobile payments, e-commerce and sell internationally are becoming greater targets for fraud. In addition, the study quantifies the impact that fraud has on customer loyalty.
“With the size and pattern of fraud significantly impacted by global economic conditions and the move to mobile payments, this turbulent time requires merchants to be more vigilant than ever”
The 4th annual LexisNexis® True Cost of Fraud Study, conducted by Javelin Strategy & Research, examines how fraud affects retail merchants, financial institutions and U.S. consumers, as well as identifies and quantifies the losses involved in a fraudulent retail transaction.
Findings from the study show the cost of fraud is on the rise compared to last year. This year’s cost of $2.70 per $1.00 in merchandise is up $0.40 from last year’s level of $2.30. One of the areas of major fraud growth is the mobile sector. This year, mobile merchants paid $2.83 for every $1.00 lost compared to just $2.00 for 2011, an increase of more than 40 percent. The analysis in the study shows that criminals are shifting more attention to merchants that use a broader array of sales interaction methods, including browser, applications, text and evolving near-field communication methods.
The study also found:
  • The LexisNexis Fraud Multiplier among international merchants has risen from 2.2 to 2.5 since last year, an increase of almost 14 percent per dollar of fraud;
  • Only 39 percent of merchants believe that lower fraud rates can increase customer loyalty, meaning 61 percent don’t relate fraud reduction to improved customer loyalty; and
  • 33 percent of consumers who fall victim to fraud avoid certain merchants. Thus, customer confidence is critical in maintaining and improving reputation and translates into return customers for merchants demonstrating they have earned that trust.
“With the size and pattern of fraud significantly impacted by global economic conditions and the move to mobile payments, this turbulent time requires merchants to be more vigilant than ever,” said Jim Rice, director, market planning, Retail and E-Commerce Markets, LexisNexis Risk Solutions.
“Our research clearly indicates that customers are less inclined to do business with merchants with which they’ve experienced fraud, yet a surprising majority of merchants surveyed in this study are not aware of this costly after-effect.”
The study was conducted through an online survey completed by a merchant panel comprised of more than 1,000 participants. The full report can be accessed by visiting http://img.en25.com/Web/LexisNexis/LexisNexis_2012_True_Cost_of_Fraud_Study.pdf
About Javelin Strategy & Research
Javelin Strategy & Research is the leading provider of quantitative and qualitative research focused on the global financial services industry. Our extensive quantitative data and deep analyst experience enable us to forecast the direction of the financial services market and make recommendations that empower you and your business to succeed.
About LexisNexisRisk Solutions
LexisNexis Risk Solutions (www.lexisnexis.com/risk/) is a leader in providing essential information that helps customers across all industries and government predict, assess and manage risk. Combining cutting-edge technology, unique data and advanced scoring analytics, Risk Solutions provides products and services that address evolving client needs in the risk sector while upholding the highest standards of security and privacy. LexisNexis Risk Solutions is part of Reed Elsevier, a leading publisher and information provider that serves customers in more than 100 countries with more than 30,000 employees worldwide.
LexisNexis® Retail and E-Commerce solutions protect your revenue, maximize efficiencies and enhance your ability to predict and protect fraud.


Advertisement from IMI, the Publisher of ePayment News:


IMI creates and builds "breaking news" websites around industry specific keywords.  Our proprietary "NewsBots" scour the web for specific keywords and once a breaking news story surrounding the keyword is found, it is sent to our server and edited into a news posting containing a Title, Photo, author credit, 25 word blurb and a direct link to the original content provider. The process is well served by the search engines and works as a traffic magnet.  We will provide "targeted traffic" to any vertical, any niche, any subject.  Click here to request more info  Live Site Examples: Near Field Communication News or take a look at the "Breaking News Site" we built for the NBA's Miami Heat. NBANewsHeat.com   Visit  Breaking News = Traffic to learn how your industry related breaking news website can be a "targeted" traffic magnet.

To provide you with an idea of the power behind our technology, we recently announced the upcoming release of NFLNews*.com (* denotes the name of the team)  So let's use the search term: "NFL News for All 32 Teams."  Relatively generic, and keep in mind we're competing with the likes of The NFL, ESPN, NBCSports, CBSSports, YouTube, Wikipedia, ABCSports, and myriad other established sites.


So how do we perform?  Admirably.
Out of 1.05 Billion Search Results,

IMI is #7 and #8 (see below)

Click the graphic below to enlarge:


Lastest Announcement from MasterCard is Iconic


MasterCard Report - “The I-Cons Have It”: New Smart Consumers Set the Pace for Retail Change

  • New report from MasterCard shows 33% retailers cite customer empowerment as leading driver of change in industry
  • 37% cite increased competition as principal factor, as retailers work harder than ever to innovate and secure sales with today’s savvier consumer

LONDON--()--As the world’s leading retailers gather in London this week for this year’s World Retail Congress, retailers across Europe predict the mobile phone will overtake the physical store, website and call centre, as the single most important communication channel with customers by 2020, according to new research from MasterCard. However, only 3% believe the industry is currently keeping pace with consumer demands for multi-channel retail.
“At the moment, the fast-follower, the small and the nimble, have got more flexibility than the big boys. But the major retailers who are investing heavily in this are becoming more agile too.”
This research, conducted amongst 300 leading retailers across Europe, forms part of a new industry report sponsored by MasterCard and written by the Economist Intelligence Unit“The I Factor: how consumer demand is driving retail innovation”. It heralds the era of the “I-Con” – the smart, omnichannel, omnipotent consumer - and looks at how retailers are innovating to retain competitive edge in a rapidly revolutionised market, whilst setting out a vision of how that market will continue to evolve.
Key findings from the report reveal the principal factors shaping the industry today:
  • The customer is in the driving seat: One in three retailers cited a more empowered customer (32%), alongside increased choice (competition from other retailers - 37%), as amongst the top causes of change in the retail sector in the past five years
  • Retailers are ramping up investment in new technology solutions to keep pace with customer demand: in the next year, 44% of retailers will offer contactless payment technologies in-store, voting this the single most important area for short-term investment. More than one in three (35%) will invest in new technologies to enhance e- and m-commerce
  • Data allows retailers to put the ‘I’ in I-factor: a personalised service is key to retail success, as retailers vote data the second most important area for short-term investment to retain customer loyalty and grow market share. Forty-one per cent say they will use data to deliver an improved customer experience in the coming year, whilst 38% are increasing customer segmentation and 39% are delivering personalised customer experiences across multiple channels
  • But the industry feels hostage to the next game-changing technology: 34% believe that some yet unknown technology will be a main driver in changing customer expectations by 2020, hindering confidence in how to invest
  • Smaller companies are capitalising on agility and speed: This feeling of uncertainty rises to 49% in companies with a turnover of €500m or more. Larger retailers are also more likely to cite legacy issues as holding the industry back when it comes to offering the multi-channel opportunities that consumers want: for example, 70% cited speed of adoption across different global market, versus 60% amongst smaller retailers. Ian Cheshire, Chief Executive, Kingfisher says: “At the moment, the fast-follower, the small and the nimble, have got more flexibility than the big boys. But the major retailers who are investing heavily in this are becoming more agile too.”
2020 Vision: predictions for tomorrow’s world:
  • Mobile commerce is predicted to become king: whether it is through the use of near-field communications technology or using geographical positioning capabilities to offer targeted discounts, mobile will be the shop front of tomorrow. Whilst today mobile phones are being used by just 32% of retailers to communicate with customers, by 2020 43% suggest it will become the most important channel – overtaking stores, PCs, call centres and direct mail
  • The high street remains, the future is omnichannel: whilst short-term retail investment may focus on enhancing e and m commerce offers, they will aim to revolutionise their in-store service provision in the longer-term, providing a seamless service across all channels. 41% of retailers envisage they will provide mobile points-of-sale in-store by 2020, whilst 33% will provide self-service kiosks and 35% will use location-based technologies to attract new sales.
  • The global population of I-Cons will explode: there is widespread recognition that first-generation consumers in emerging markets will reshape the industry. Only 20% of people see it as a factor behind changing expectations in the last five years, but 36% believe it will be a driving force over the remainder of the decade, making it the single biggest factor behind changing consumer expectations in years to come...
Hany Fam, President of Strategic Alliances Europe, MasterCard Worldwide, says: “This is a hugely exciting time for the retail industry. Technological innovations have been transforming the sector, allowing retailers to extend their market share beyond their backyard and beyond borders.
“There is huge pressure on the industry now to keep pace with the consumer, however, and with the speed of technological change, that can be tough. Now, more than ever, nailing customer experience is critical and retailers need to provide a seamless service from the customer, from first contact through to payment. More than that, retailers need to understand their customers and their purchase history, so they can personalise their service and connect with their customer in an easy, relevant way, via whatever channel suits them.”
ENDS
For the full report, expert interviews or case studies, please call Zoe Gray/James Lusher on 0207 544 3000 or email mastercard@fishburn-hedges.co.uk
About the report:
In June and July, on behalf of MasterCard, the Economist Intelligence Unit surveyed 306 European retailers to investigate their views on the challenges and opportunities for the retail industry in the years to 2020.
Respondents were drawn from the UK, France, Germany, Russia and Italy. Retailers were grouped by type: including independent retailers, department stores, supermarkets, specialty retailers and chains. They were also grouped by size (annual revenues of less than €500m and greater than €500m).
In addition, in-depth interviews were conducted with eight experts from leading retailers:
Federico Barbieri, senior vice president of e-business at PPR
Ian Cheshire, chief executive at Kingfisher
Pilar Gonzalez, head of global payment strategies at Inditex
Jody Goodall, head of solutions architecture at Kiddicare and Morrisons.com
Mark Newton-Jones, chief executive at Shop Direct
Andrea O’Donnell, commercial director at John Lewis
Dr. Christian Plenge, head of architecture and innovation at Metro Systems
Mike Shearwood, chief executive at Aurora Fashions
About MasterCard:
MasterCard (NYSE: MA), www.mastercard.com, is a global payments and technology company. It operates the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Cashless Conversations Blog and subscribe for the latest news.
Quotes from interviewees:
On the empowered customer:
  • Mike Shearwood, Chief Executive, Aurora Fashions 
    “In a lot of organisations there’s internal resistance to change. We have tried to take a view that if it’s right for the customer it will be right for us eventually.”
On today’s multichannel retail environment:
  • Andrea O’Donnell, commercial director of John Lewis 
    “The reality is that you’re competing with Amazon, whose operating profits are between 1% and 3%. The competitive dynamics have moved significantly. You have to be as good as Amazon online and offer the same amazing experience as you do offline.”
On the challenge for major retailers:
  • Ian Cheshire, Chief Executive, Kingfisher 
    “At the moment, the fast-follower, the small and the nimble, have got more flexibility than the big boys. But the major retailers who are investing heavily in this are becoming more agile too.”
On the benefits of mid-market flexibility:
  • Mike Shearwood, Chief Executive, Aurora Fashions 
    “One of the guys from Oasis came and asked for £2,000 to develop something in 2009”. The results, he says, was fashion’s first transactional iPhone app. “Sales through mobile are now 10% of the channel.”
On new technologies and the future of retail:
  • Dr Christian Plenge, Head of Architecture and Innovation at Metro Systems, Metro Group 
    “NFC payment using a smartphone is currently the most sophisticated technological solution – we think it has a very big potential to become a common payment method because the smartphone is already the ‘all-purpose device’ of our customers. But mobile payment has to be as easy for the consumer as paying with a credit card, otherwise it won’t catch on. Currently, different players on the market – banks, mobile carriers, smartphone producers, et cetera – are competing to establish their own NFC solution as the industry standard.”


Advertisement from IMI, the Publisher of ePayment News:


IMI creates and builds "breaking news" websites around industry specific keywords.  Our proprietary "NewsBots" scour the web for specific keywords and once a breaking news story surrounding the keyword is found, it is sent to our server and edited into a news posting containing a Title, Photo, author credit, 25 word blurb and a direct link to the original content provider. The process is well served by the search engines and works as a traffic magnet.  We will provide "targeted traffic" to any vertical, any niche, any subject.  Click here to request more info  Live Site Examples: Near Field Communication News or take a look at the "Breaking News Site" we built for the NBA's Miami Heat. NBANewsHeat.com   Visit  Breaking News = Traffic to learn how your industry related breaking news website can be a "targeted" traffic magnet.

To provide you with an idea of the power behind our technology, we recently announced the upcoming release of NFLNews*.com (* denotes the name of the team)  So let's use the search term: "NFL News for All 32 Teams."  Relatively generic, and keep in mind we're competing with the likes of The NFL, ESPN, NBCSports, CBSSports, YouTube, Wikipedia, ABCSports, and myriad other established sites.


So how do we perform?  Admirably.
Out of 1.05 Billion Search Results,

IMI is #7 and #8 (see below)

Click the graphic below to enlarge:


VeriFone PAYware Mobile Enterprise Provides Test Bed for Oracle Retail Mobile Point-of-Service


SDK and Support for Widest Choice of Payment Types Provided Best Development Option as Oracle Extends Point-of-Sale System to Mobile
SAN JOSE, Calif.--()--Oracle’s Retail Mobile Point-of-Service, announced this week, was developed using the PAYware Mobile Enterprise solution and software development kit, VeriFone Systems, Inc. (NYSE: PAY) announced today.
“VeriFone is at the center of the new mobile retail landscape, providing all the components needed to reinvent checkout -- from gateway services to software and firmware upgrades.”
PAYware Mobile Enterprise for Tablet and Touch incorporates an encrypted card reader and bar code scanner for use with iPod touch and iPad, providing retailers with a complete mobile solution that can integrate with existing point-of-sale infrastructure to enable a better shopping experience.
VeriFone’s PAYware Mobile Enterprise for iPod touch provided Oracle with support for the most forms of payment acceptance, including NFC and EMV, in addition to regular magnetic stripe credit and debit cards. PAYware Mobile Enterprise works with all forms of electronic payment including magnetic stripe, chip and PIN, and contactless/NFC-enabled cards and phones. The barcode scanner makes product-scanning, couponing and inventory tasks a snap.
“Oracle’s use of PAYware Mobile Enterprise in its product development reflects VeriFone’s commitment to provide partners and retailers with versatile payment solutions that are customizable and adaptable,” said Jennifer Miles, VeriFone executive vice president, North America. “VeriFone is at the center of the new mobile retail landscape, providing all the components needed to reinvent checkout -- from gateway services to software and firmware upgrades.”
About VeriFone Systems, Inc. (www.verifone.com)
VeriFone Systems, Inc. (“VeriFone”) (NYSE: PAY) is the global leader in secure electronic payment solutions. VeriFone provides expertise, solutions and services that add value to the point of sale with merchant-operated, consumer-facing and self-service payment systems for the financial, retail, hospitality, petroleum, government and healthcare vertical markets. VeriFone solutions are designed to meet the needs of merchants, processors and acquirers in developed and emerging economies worldwide.


Advertisement from IMI, the Publisher of ePayment News:


IMI creates and builds "breaking news" websites around industry specific keywords.  Our proprietary "NewsBots" scour the web for specific keywords and once a breaking news story surrounding the keyword is found, it is sent to our server and edited into a news posting containing a Title, Photo, author credit, 25 word blurb and a direct link to the original content provider. The process is well served by the search engines and works as a traffic magnet.  We will provide "targeted traffic" to any vertical, any niche, any subject.  Click here to request more info  Live Site Examples: Near Field Communication News or take a look at the "Breaking News Site" we built for the NBA's Miami Heat. NBANewsHeat.com   Visit  Breaking News = Traffic to learn how your industry related breaking news website can be a "targeted" traffic magnet.

NFLNewsBears.com, NFLNewsPackers.com or NFLNewsDolphins.com now live...

New Groupon Payments™ Service Offers Local Businesses the Lowest Rates on Credit Card Transactions


CHICAGO--()--Today Groupon (NASDAQ: GRPN) announced the launch of Groupon Payments™, a payments service backed by a guarantee to be the lowest cost option for the company’s merchants to accept credit cards. Built into the latest version of the Groupon Merchants app for the iPhone and iPod Touch, Groupon Payments provides restaurants, salons and spas, retail establishments and other local businesses with the ability to accept all credit card payments at a lower rate than other providers.

“Our goal is to provide merchants with the most affordable and powerful tools to run and grow their businesses”
After a successful pilot in the San Francisco Bay Area, any merchant that runs a deal with Groupon in the United States can now accept payments at the lowest rates in today’s marketplace:
  • Swiped transactions - MasterCard, Visa and Discover (1.8% plus $0.15 per transaction) and American Express (3% plus $0.15 per transaction)
  • No hidden costs or monthly fees
Merchants will also have their credit card deposits in their bank accounts overnight, which is much faster than the typical experience of waiting two to three business days offered by most credit card processors.
"Our goal is to provide merchants with the most affordable and powerful tools to run and grow their businesses,” said Mihir Shah, VP Mobile and Merchant Products at Groupon. “With groundbreaking pricing and service, Groupon Payments does just that."
Groupon merchants that sign up for the service will enjoy a fast, intuitive experience that is capable of tackling their everyday credit card processing needs. Some of the Groupon Payments characteristics include:
  • Service — Backed by a 7-days-a-week Groupon Payments support team reachable by phone and email
  • Hassle-Free — Enroll within minutes
  • Fully-Featured — Use Groupon Merchants app to enter bill totals, add tips, apply taxes, process refunds and email customer receipts
  • Sturdy — Swipe credit cards via a sturdy, case-based credit card reader suitable for high transaction volume merchants or an audio jack accessory
  • Secure — Encrypted and secure credit card information
  • Analytics — View payments information seamlessly to an online Payments Center where merchants can view a live transaction history, check daily sales reports, track deposits to their account and analyze revenue trends
In addition, merchants can use the app to scan and redeem Groupons and monitor additional spend over the value of the Groupon.
“While the cost savings are obvious, we were really impressed by the level of support provided by Groupon and the speed in which we received our payments,” said Nadia McClinton, owner of Body By X in Corte Madera, Calif. “From day one we discovered we could rely on Groupon Payments to effectively, quickly and easily process transactions and deliver a better customer and employee experience. It truly saves us time, money and effort that we can invest in other aspects of our operations.”
While Groupon Payments is designed for local businesses that run deals with Groupon, the service is also available as a pilot to non-Groupon merchants at the low rate of 2.2% (3% American Express) + $0.15 per transaction.
Groupon Payments and the payments-enabled Groupon Merchants app are the latest additions to Groupon’s extensive suite of products and services that merchants can use to save money, streamline operations and grow their businesses. These include: Groupon Daily DealsGroupon Now! real-time location-based offers; Groupon Rewards an easy-to-use loyalty program and Groupon Scheduler an online scheduling application for appointment-based businesses.
Local businesses interested in learning more about Groupon Payments can visit www.GrouponWorks.com/Payments. The Groupon Merchants app can be downloaded for free from the iTunes App Store.
The guarantee of lowest possible rates is only available to Groupon merchants located in the United States. Merchants must provide proof of current third-party rates for identical services. Participation is subject to the terms of the Groupon Payments Merchant User Agreement which may modify or discontinue the guarantee and the underlying services at any time. The guarantee is void where prohibited by law.
About Groupon
Groupon (NASDAQ: GRPN) launched in November 2008 in Chicago, features a daily deal on the best stuff to do, eat, see and buy in 48 countries around the world. Groupon uses collective buying power to offer huge discounts and provide a win-win for businesses and consumers, delivering more than 1,000 daily deals globally. To subscribe for the best deals in your city, visit (http://www.groupon.com). To learn how to become a featured business, visit (http://www.grouponworks.com).


Advertisement from IMI, the Publisher of ePayment News:


IMI creates and builds "breaking news" websites around industry specific keywords.  Our proprietary "NewsBots" scour the web for specific keywords and once a breaking news story surrounding the keyword is found, it is sent to our server and edited into a news posting containing a Title, Photo, author credit, 25 word blurb and a direct link to the original content provider. The process is well served by the search engines and works as a traffic magnet.  We will provide "targeted traffic" to any vertical, any niche, any subject.  Click here to request more info  Live Site Examples: Near Field Communication News or take a look at the "Breaking News Site" we built for the NBA's Miami Heat. NBANewsHeat.com   Visit  Breaking News = Traffic to learn how your industry related breaking news website can be a "targeted" traffic magnet.

To provide you with an idea of the power behind our technology, we recently announced the upcoming release of NFLNews*.com (* denotes the name of the team)  So let's use the search term: "NFL News for All 32 Teams."  Relatively generic, and keep in mind we're competing with the likes of The NFL, ESPN, NBCSports, CBSSports, YouTube, Wikipedia, ABCSports, and myriad other established sites.


So how do we perform?  Admirably.
Out of 1.05 Billion Search Results,

IMI is #7 and #8 (see below)

Click the graphic below to enlarge:


45 "Mobile Payment" News Stories for September 19, 2012

ePaymentNews  
45 new results for "Mobile Payment"
CMB, HTC reveal new mobile-payment product
China Daily
The public caught its first glimpse on Tuesday of a commercial mobile payment service that is expected to meet the central bank's standards, which have yet to be published. China Merchants Bank Co Ltd, or CMB, and the Taiwanese cell phone manufacturer ...
See all stories on this topic »

China Daily
PCI releases best practices for mobile payment acceptance
Mobile Payments Today
The PCI Mobile Payment Acceptance Security Guidelines are the product of the council's efforts over the past two years to deal with the topic of mobile payment acceptance security. The council has released guidelines already that address how to apply ...
See all stories on this topic »
MasterCard delivers mobile payment SDK for Android, BlackBerry
Fiercemobilecontent
MasterCard released a new mobile payment software development kit enabling card issuers, network operators, merchants and third-party developers to build Android and BlackBerry applications integrating its PayPass contactless payment technology.
See all stories on this topic »
Walletless shopping still a dream this holiday
Reuters
But with mobile payment still in its infancy, the online revolution stops at check-out -- shoppers still have to pull out their wallets and hand over cash or a credit or debit card. "Everyone's trying to find the right way to make (mobile payments ...
See all stories on this topic »
MasterCard investing more in mobile payments
Washington Post
18, 2012 - Hany Fam, president of strategic partnerships for Europe at MasterCard, talks about mobile payment technology. (/Bloomberg) Correction: Clarification: E-mail · Save/Share · Embed · Comments · Permalink · Personal Post · Email · Tumblr ...
See all stories on this topic »
Vantiv Webinar to Explore Exploding Mobile Payments Market
Equities.com
... for consumers How merchants are using mobile tablets as point-of-sale devices to increase sales and decrease costs The functionality and value customers are seeking in mobile banking and mobile payment apps Timing and investments surrounding EMV ...
See all stories on this topic »
Ottawa to adjust code for credit cards with eye to smartphone payments
Calgary Herald
"Once we have reviewed and evaluated all submissions, we will set about revising the code so that Canadians and small businesses can use mobile payment offerings," he said. Menzies said the new rules would ensure both customers and merchants have ...
See all stories on this topic »
Vodafone vs. PayPal: Who Will Win the Battle for Mobile Payments?
Insider Monkey (blog)
PayPal has become a large part of eBay's revenues since the 2002 acquisition, with sales from the mobile payment company comprising around 40% of eBay's total revenues. EBay continues to attract high level interest from hedge funds, with eight of the ...
See all stories on this topic »
Merchant e-Solutions wins Stevie Award for new mobile app
RedOrbit
SOURCE Merchant e-Solutions. Source: PR Newswire. Topics: Technology Internet, Economics, Electronic commerce, Payment systems, Business Finance, Mobile payment, Red, ITransact, Credit card, Financial economics, Merchant account ...
See all stories on this topic »
Dish TV introduces recharge through IMPS
Best Media Info
In yet another first andpioneering initiative by the industry leader, Dish TV India- Asia's largest DTH operator launched recharge option through Interbank Mobile Payment Service (IMPS), an initiative through National payment corporations of India ...
See all stories on this topic »
VERIFONE SYSTEMS INC : VeriFone PAYware Mobile Enterprise Provides Test ...
4-traders
Delayed NYSE - 09/18 04:01:15 pm. 32.79, USD, +2.76%. 1h ago, VERIFONE SYSTEMS INC: VeriFone PAYware Mobile Enterprise Provides Test Bed.. 6d ago, Apple snubs emerging mobile payment standard. 09/06, DJ, U.S. Stocks Rally On ECB Stimulus, ...
See all stories on this topic »
T-Mobile's Magenta Deal Days Zero Down promotion officially kicks off ...
PhoneDog
... contribute to the industry's most relevant weekly ranking charts. Related posts. Details of T-Mobile's upcoming Magenta Deal Days sale leak out · T-Mobile to begin offering nano-SIM cards for iPhone 5 in October · ISIS delays trials of mobile ...
See all stories on this topic »
LevelUp Is Now Offering $5 For New Mobile Payment Customers
AppAdvice
In addition, the company has announced that their unique mobile payment service is now available in 25 cities. Initially launched in 2011, LevelUp offers customers a way to make purchases on their iPhone. In addition, it hands out first-time visit ...
See all stories on this topic »
Visa releases Olympics NFC and contactless usage statistics
NFC World
"The response has been extremely positive and our priority now is on turning that enthusiasm into commercial mobile payment deployments across Europe," says Visa's Mary Carol Harris, adding that "we recognise that the journey is a marathon, not a ...
See all stories on this topic »

NFC World
Tenpay to serve Weixin users
China Daily
The online payment platform Shenzhen Tenpay Co Ltd said on Tuesday it will provide mobile payment services for weixin users. The service will be available in the fourth quarter, said Jim Lai, general manager of Tenpay, which was founded by Tencent ...
See all stories on this topic »
Tabbedout pushes out SDK for its restaurant payments app
Mobile Entertainment
Tabbedout's mobile payment solution lets consumers pay a bar or restaurant tab with their phone. Its app enables diners to open a tab, view and track tab details, split payment with others and pay from a smartphone without the hassle of a scanner or ...
See all stories on this topic »

Mobile Entertainment
Code of conduct to add rules for paying by smartphone
CBC.ca
Debit, credit card conduct code under revision to cover new mobile payment technology. CBC News. Posted: Sep 18, 2012 10:47 AM ET. Last Updated: Sep 18, 2012 10:43 AM ET. The Starbucks payment app is one example of how customers are embracing ...
See all stories on this topic »

CBC.ca
ABC Mobile Pay to Attend iMenu Expo in Orlando
RestaurantNews.com
... developers (Apps), Innovative Accessory Makers, Mobile Payment Solutions, Interactive Table TouchScreens & POS Printers & Hardware vendors from all over North America showcasing their business solutions for the hospitality/restaurant/dining industry.
See all stories on this topic »

RestaurantNews.com
Mobile Phones Can Alleviate Global Poverty, But it Will Not Be Easy
PolicyMic
A recent Telecomm mobile payment pilot program in rural Mexico could serve as a valuable case study for business and government agencies hesitant to invest in communications infrastructure in underdeveloped areas without a sure return. While the mobile ...
See all stories on this topic »

PolicyMic
Tech Mahindra to acquire Comviva
ITP.net
Tech Mahindra, an Indian software exporter and systems integrator, has acquired of 51% stake in Comviva Technologies Limited, a provider of VAS, mobile money and mobile payment solutions, for INR 26 billion ($48 million), from Bharti Group.
See all stories on this topic »

ITP.net
Fiserv sees growing demand for mobile banking, payments
Mobile Payments Today
Financial services technology provider Fiserv has announced that more than 1,100 financial institutions have now selected the company to provide their mobile banking solutions. The company's mobile banking and payment platform, Mobiliti, currently ...
See all stories on this topic »
Govn't introduces mobile payment guidelines
Advisor.ca
Govn't introduces mobile payment guidelines. Katie Keir, with files from news wires / September 18, 2012. Print · Email; Share: Facebook · Twitter. Featured News. TSX closes lower · Why retirement's now a moving target · Vik's Pick: Slow and steady U.S ...
See all stories on this topic »

Advisor.ca
Airtag opens New York City office
Bizjournals.com
... in the U.S. and Canada. "We see very strong traction in the mobile commerce market; however, most players are focusing too much on mobile payment rather than on the real issue: providing new mobile shopping services in-store," he said in a statement.
See all stories on this topic »
Two Biometric Stocks Ripe for a Takeover
Wall Street Daily
Now, if you're reluctant to believe top-tier research firms and lowly Wall Street analysts that say biometrics are, indeed, necessary for the mobile payment boom, just look at what industry insiders are doing. They're gobbling up pure-play biometric ...
See all stories on this topic »
IRCTC launches Maharajas Express offer for Indians
TravelBizMonitor
Furthermore, IRCTC has launched Interbank Mobile Payment Service (IMPS) for its users on the e-ticketing site www.irctc.co.in. IMPS is a merchant payment system, which allows customers to make instant, 24/7, inter bank payments to merchants or ...
See all stories on this topic »
Doxo Puts New Spin On QR Codes, Mobile Payments
PYMNTS.com
Prior to co-founding doxo, Roger was SVP of Products and Partnerships at Qpass, where he played an evangelist role for new mobile payment services. Before Qpass Roger was with Accenture. Roger's undergraduate is from The University of Washington ...
See all stories on this topic »
The M-Banking Leader
Outlook
Others like Citibank have introduced mobile banking at an institutional level with the setting up of the Interbank Mobile Payment Service (IMPS) in November 2010. In December 2011, it signed up with Coca-Cola for mobile-based cash management services.
See all stories on this topic »

Outlook
ZunguZ cloud platform offers free online transactions
Bizcommunity.com
Entrepreneurs Robert Sussman and Lance Fanaroff have entrenched the offering at the forefront of the rapidly growing global mobile banking and mobile payment technology market. "Differentiation and credibility are obviously critical components to any ...
See all stories on this topic »
iOS 6 release time update: Today, 10 AM PST, 1PM ET? (Rumor)
PopHerald.com
It can also save boarding passes, gift cards, etc. For example, users can save their boarding passes and board, no papers. According to analysts, Apple might use the software to build its own mobile payment empire similar to Paypal, Google Wallet or ...
See all stories on this topic »
PassTools Arrives, Helping Businesses Create Passbook Passes On The Fly
AppAdvice
As such, he views PassTools as a great way for companies to enhance their existing mobile payment features, or help new companies to get onboard. He states: PassTools is filling a huge need in the market by providing businesses large and small with the ...
See all stories on this topic »
In-store code scanning and review checks using smartphones expected to ...
The Drum
When developing a mobile project, Paypal; NFC; and changing the mobile user's bill were amongst suggests for mobile payment options to be considered. The m-commerce white paper was released today at the Retail Conference. Check out Neowork's ...
See all stories on this topic »
Why Apple Could Kill Off VeriFone
CNBC.com
The only question is which company will step up and define the mobile payment market? Does VerfiFone have the ability to do it? Perhaps. But it risks cannibalizing its existing business. It is hard to not envision that one day its revenue will be ...
See all stories on this topic »

Blogs9 new results for "Mobile Payment"
How Mobile Credit-Card Based Payment Systems Work | Mobile ...
By Giorgos Saslis
The speed at which transactions can be completed and the convenience of being able to make payments through your phone are the main factors for the popularity of mobile payment systems. The growth of mobile credit based payment ...
Mobile Marketing Blog
O visitor, from where art thou? How knowledge grows your mobile ...
By Alexander Vlasblom
For mobile payment of digital goods and services, operator billing has grown into a popular payment method. Its ubiquity enables merchants to reach and bill consumers globally and reliably. If it is integrated well into the merchant's ...
Netsize news - Mobile payments,...
Canada News Centre - Harper Government Announces Code of ...
"As mobile payment options begin to grow more rapidly in Canada, our Government wants to ensure that the principles of transparency, fairness and competition are respected," Minister Menzies said. The Code of Conduct for the Credit and ...
ExcitingAds! Canada
MasterCard adds Mobile PayPass User Interface SDK - NFC World
By Sarah Clark
... Mastercard and Blaze Mobile launch PayPass mobile stickers · MasterCard enters the mobile wallet market · Japanese financial services giant tests Mobile MasterCard in Tokyo · Gemalto gets MasterCard approval for NFC mobile payment ...
NFC World
Gemalto Enables MoneyGram to Offer International Money Transfers ...
By Emmanuel Okoegwale
MoneyGram's money transfer platform will be integrated with Gemalto's LinqUs mobile payment platform solution, allowing customers to send international transfers from a mobile phone to one of MoneyGram's 284,000 locations worldwide or ...
Mobile Money Africa
MasterCard Strengthens mCommerce - Zacks.com
By Zacks Equity Research
Moreover, the new technology complements well with mobile payment solution that will function onthe near field communication (NFC), which is equipped with all the latest smartphones. So far, more than 70 models of latest smartphones are ...
Zacks Investment Research - All...
Mobile payments make debut at Oktoberfest | Digital Times | Digital ...
By Fergal Gallagher
Outdoor merchants will process credit cards at this year's Oktoberfest using payworks mobile payment system Revellers at this year's Oktoberfest in Munich.
Digital TimesDigital Times |...
iPhone 5 dodges NFC as a mobile wallet technology and plays for ...
By Jeremy Cowan
This non-move had been trailed beforehand but backers of NFC as a leading mobile payment technology may still have been disappointed. Near field communications (NFC)'s proponents had hoped Apple would endorse the technology, ...
M2M Now
Ottawa mulls credit card smartphone payments | Metro
By Staff
"Once we have reviewed and evaluated all submissions, we will set about revising the code so that Canadians and small businesses can use mobile payment offerings," he said. Menzies said the new rules would ensure both customers and ...
Metro

Web4 new results for "Mobile Payment"
The Final Battle in the Mobile Payment Wars Begins
Wal-Mart, Target, Publix, and other 600-pound retail gorillas are shaking up the mobile payment space. Is it too soon for credit card companies to worry? Nope.
www3.cfo.com/.../The-Final-Battle-in-the-Mobile-Payment-W...
Mobile Payment at Germany's Oktoberfest - Munich Based Payworks ...
Mobile Payment at Germany's Oktoberfest - Munich Based Payworks Enables Cashless Payments at the Oktoberfest 2012.
www.prnewswire.com/.../mobile-payment-at-germanys-oktobe...
At 25 paise per transaction, Interbank Mobile Payment Service may ...
MUMBAI: Micro payment transactions such as payment for local taxi fares and kirana store purchases are set to go cashless with the National Payment ...
articles.timesofindia.indiatimes.com/.../33736500_1_imps-inte...
CMB, HTC reveal new mobile-payment product - China Daily
The public caught its first glimpse on Tuesday of a commercial mobile payment service that is expected to meet the central bank's standards, which have yet to ...
www.chinadaily.com.cn/cndy/2012.../content_15766775.htm


.

Disqus for ePayment News