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E-Commerce

Here are our twenty most recent articles on E-Commerce.

 

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."

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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.

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Deutsche Telekom buys ClickandBuy

Deutsche Telekom has agreed a deal to buy Internet payment service provider ClickandBuy. Financial terms were not disclosed.

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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.

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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.

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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.

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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.

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Cellfire adds Safeway to its coupon program

Cellfire has expanded its nationwide digital grocery coupon program, adding Safeway to the list.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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New type of mobile prepay

Monitise, Metavante and Carphone Warehouse are launching a mobile money scheme -

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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.

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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.

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Can prepaid bridge the credit-debit card gap?

Automated clearing house
Comes out of the shadows

Card Notes
Cards challenge for Greek banks

M-payments
GSMA strives to reassure in Rio

Contactless
Hail m-payments, is NFC dead?

E-Commerce
Tackling ignorance and drop-outs


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Among topics to be featured in the September/October 2010 issue of Payments Cards and Mobile are:

MANY BANKS ARE FAILING TO COMPLY WITH THE PSD

COUNTRY REPORT: THE UK MARCHES ON

HIGH NOON FOR THE EUROPEAN PAYMENTS INDUSTRY

CARD NOTES
A look what EMV brings to the party in addition to secure transactions

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