MPayMe and First Data form strategic alliance
MPayMe a Hong Kong-based mobile specialist and First Data announced a strategic alliance to offer mobile payment solutions in key markets in Asia Pacific.
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Visa makes instant P2P payments possible in Europe
Visa Europe announced two significant additions to its Visa Personal Payments mobile service: Multi-Currency and Immediate Payments. The new functions will enable consumers to make instant transactions from their mobile phone to any Visa cardholder in Europe, in any European currency.
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MCX make selection for Mobile Commerce Platform
As it moves closer to bringing its much-anticipated versatile, secure and widely accepted mobile commerce solution to the marketplace, Merchant Customer Exchange (MCX) has announced the selection of Gemalto to build its mobile wallet.
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BNP Paribas Fortis and Belgacom launch the Belgian mobile wallet
Belgacom and BNP Paribas Fortis jointly launch the Belgian Mobile Wallet to bring in-app commerce to merchants and consumers.
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RBS unveils text-to-pay app
RBS has unveiled a new banking app which will allow customers to transfer money to contacts on their smartphone. The bank said it was confident that the app was secure, after one of its previous applications was used by fraudsters to steal money.
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Adoption of mobile will secure the future of UK Retail
Forrester Research, Principal Analyst in eCommerce and Channel Strategy, Martin Gill says that mobile will evolve as the main platform for retailers over the next three years. 39% of UK mobile users now use their smartphone for internet access on a daily basis.
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MasterCard partner with VimpelCom and Orange to offer mobile money globally
At Mobile World Congress, MasterCard and VimpelCom announced a strategic partnership combining MasterCard’s mobile payments technology with VimpelCom’s globally integrated telecommunications services. The partnership will provide innovative payment solutions to a new generation of customers, both banked and underserved, to VimpelCom’s 212 million customers in 18 countries.
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eBay sets sights on $20 billion mobile sales in 2013
As the mobile industry is in the midst of the buzzing Mobile World Congress in Barcelona, the future of m-commerce and smartphone payments are high on the agenda.
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Banks must drive UK digital payments innovation
New research from VocaLink into UK consumer appetite for alternative ways to pay on mobile devices reveals that 81% of those interested in new digital payment methods say they are more likely to adopt such services if they are provided by their bank.
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Pitney Bowes launches mobile payment service
Pitney Bowes, a provider of business communication technologies, has announced the launch of pbSmart Mobile across Europe. The product, which allows a business to build a mobile website quickly and easily, is designed to meet the rise in m-commerce.
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Mobile Commerce – essential for retailers as consumer confidence soars
Consumers are expected to spend £87 billion online in 2013 – with mobile access to websites continuing to grow. Mobile sales showed a staggering 304% rise in 2012, while smartphone users are now spending twice as much time using mobile internet as they are making calls. (IMRG Capgemini e-Retail Sales Index)
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Mobile commerce breathes life into UK business growth
Mobile commerce is driving more and more sales for British e-businesses, according to an industry-leading survey by payment processor, Sage Pay. The third annual Sage Pay e-Business Benchmark Report of 1,500 online businesses in the UK shows a jump in the past 12 months in businesses championing mobile apps and optimisation – with encouraging results.
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Neomobile bring one-click payments to Opera Mini
Opera Software and Neomobile will work together to bring mobile payments to users of Neomobile services and the Opera Mini mobile browser. As part of the agreement with Opera Commerce, a fully-owned subsidiary of Opera Software, the Neomobile mobile payment system will be integrated into the Opera Payment Exchange (OPX).
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Consumer confidence in mobile commerce at all time high
BuzzCity has issues its latest quarterly report on the current trends dominating the global mobile advertising industry. The report reveals the appetite for mobile commerce is at an all-time high, with consumer confidence diminishing previous fears over security of payments - 3% compared to 27% a year ago.
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LevelUp, PayPal and Square take early lead in mobile wallet marathon
Carlisle & Gallagher Consulting Group a management and technology consulting firm serving the financial services industry, has released its mobile wallet review. CG assessed a representative group of 20 mobile wallets from various industries including: financial services, tech titans, merchants and card associations1.
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Mobile payments to reach $90 billion by 2017
US mobile payments will reach $90 billion by 2017, a 48% compound annual growth rate (CAGR) from the $12.8 billion spent in 2012. This is according to Forrester's latest five-year mobile payments forecast, which segments mobile payments into three categories: 1) in-store mobile payments (proximity payments); 2) mobile commerce (m-commerce); and 3) mobile peer-to-peer (P2P) and remittances.
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Bango and Telefónica announce global mobile payments partnership
Bango and Telefónica Digital announce that they have signed a Global Framework Agreement. The two companies will partner globally to create an enhanced direct-to-bill payment experience for mobile app stores. The partnership will combine Bango’s frictionless payment experience with Telefónica’s BlueVia Payment APIs, connecting over 314 million chargeable customers worldwide to the Bango Payments Platform.
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eBay beat estimates and pushes mobile sales
eBay, operator of the world’s largest online marketplace, surged to an eight-year high after fourth-quarter revenue topped analysts’ estimates, helped by record holiday sales on the web and mobile devices.
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Mobile marketing and remote mobile payments transform holiday shopping in 2012
Early market data from the 2012 holiday shopping season confirms a well-known trend: mobile is becoming a major factor in the evolution of retail channels, particularly e-commerce. The 2012 Thanksgiving weekend set multiple records for mobile traffic and transaction volume as consumers continue to migrate to smartphones and tablets to complete holiday purchases.
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MasterCard, Comviva and Tutuka announce strategic Mobile Money collaboration
MasterCard Worldwide, Comviva Technologies and Tutuka today announced a strategic collaboration that combines Comviva’s mobiquity mobile payment platform, Tutuka’s prepaid processing platform and MasterCard’s global electronic payments network to further extend financial inclusion to millions of consumers across Africa.
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