Survey finds growing demand for P2P payments
FIS has announced results of research by eCom Advisors that it commissioned along with NACHA and PayPal. It found that "demand for electronic P2P payments and transfers is growing rapidly and the interest of making these and other payment transactions through an e-payment portal is strong as well. In fact, the study found that of those who were interested in the portal concept, 70% would be likely to use P2P payment services within that portal."
Read more 
PayPal forced to stop Japanese personal payments
After falling foul of regulators in India earlier this year, PayPal has been forced to suspend personal payments in Japan ahead of new rules set to come into play on 1 April.
Read more 
Deutsche Telekom buys ClickandBuy
Deutsche Telekom has agreed a deal to buy Internet payment service provider ClickandBuy. Financial terms were not disclosed.
Read more 
Kwedit: Buy now, pay later
Kwedit, a service that lets people without credit or debit cards acquire digital content and virtual goods by making a 'promise' - that can not be enforced - to pay later, has launched in the US.
Read more 
Banca Intesa selects Gemalto to secure e-commerce in Serbia
Banca Intesa in Serbia has selected Gemalto and its Ezio Classic reader to secure e-commerce services. Banca Intesa is the leading financial institution in Serbia and is part of Intesa Sanpaolo, Italy's strongest banking group, the fifth largest bank in Euro zone in terms of market capitalization and one of the top 15 banks in the world.
Read more 
Mobile phones hold the key to internet security
Microsoft partner Alpha Meridian has launched ‘fonelock’ web service to tackle online fraud and identity theft. Freely available to any web site, fonelock uses SMS to provide a secure alternative to usernames and passwords, and credit card ownership verification.
Read more 
BT to launch mobile money service for e-commerce
International payment provider paysafecard has teamed up with BT, to give 70 million mobile users the chance to buy online by charging the purchase to their mobile phone.
Read more 
Cellfire adds Safeway to its coupon program
Cellfire has expanded its nationwide digital grocery coupon program, adding Safeway to the list.
Read more 
68% of online retailers admit payment fraud threatens business growth
Whilst 75% of online retailers will invest to grow their businesses this year, over two thirds still feel threatened by payment fraud, a survey from Sage Pay has shown.
Read more 
Socialwise launches e-commerce payments system for children
E-commerce outfit SocialWise has launched a system that enable children to make purchases online by "billing" their parents.
Read more 
|
|
Ukash deal with UATP opens the skies to cash payments
Ukash has signed an agreement with UATP which will make it possible for consumers to pay for flights over the internet using cash, it was announced at the annual Airline Distribution conference.
Read more 
Digitised retailing is the way of the future
New research commissioned by Visa Europe indicates that the online channel and bricks and mortar retail outlets are likely to perform complementary roles.
Read more 
Alliance & Leicester extends UK m-banking
Alliance & Leicester Commercial Bank has announced the launch of a mobile banking service for business customers provided by Monilink.
Read more 
PosteMobile launches m-payments in Italy
Italian MVNO PosteMobile has launched an electronic wallet by introducing payments via mobile phone in Italy. Customers can link the application with their Banco Posta account, allowing them to make payments and transfer money to a bank or post account.
Read more 
Mobile payments plan
Mobile payments was one of the priority areas for action identified in the UK National Payments Plan (see also p10). It reported general support among stakeholders for the Payments Council to ensure that the standards developed for mobile payments in the UK should emphasise interoperability and security.
Read more 
New research finds demand for mobile P2P payment, but only one in ten willing to adopt
A new report released by Javelin Strategy & Research takes a look at mobile person-to-person (P2P) payments and transfers, an emerging m-banking service, and its inevitable shift into mainstream banking practices.
Read more 
JupiterResearch finds more mobile coupon deployment
JupiterResearch has found a growing segment of consumers, as much as 30%, is interested in receiving coupons on their phones, although at 1%, adoption currently remains low.
Read more 
New type of mobile prepay
Monitise, Metavante and Carphone Warehouse are launching a mobile money scheme -
Read more 
Next plans mobile payments
Catalogue and high street retailer Next is currently looking at developing a mobile wallet system to enable customers to make payments to their Next accounts using mobile phones, according to Barry Sabin, telecoms manager for Next.
Read more 
Pegasus begins to fly
The ‘Pegasus’ PayPass trial in Strasbourg has been extended. It was originally announced in November 2006 and saw MasterCard supporting a seven company-strong consortium, including Groupe Crédit Mutuel, CIC and NRJ Mobile along with handset and terminal manufacturer Sagem Monetel, to enable 200 residents to make contactless payments via mobile phones at 50 retailers in the city.
Read more 
|
|
|