Large businesses such as insurance companies, retailers and utility companies can now pay money back to consumers card accounts directly using just their mobile phone numbers – a huge benefit for making those post Christmas refunds all the more easy to do – through the latest feature on Barclays PingIt (more…)
Consumer adoption of mobile payments will deliver wide-ranging benefits for the UK economy, according to a new report published today by the Centre for Economic and Business Research (Cebr). Find out more in our video interview with Zapp CEO Peter Keenan here
Following the surge in smartphone usage across the country, consumers now have access to more loyalty schemes on mobile devices than they do in their physical wallets, reveals a study by, naturally, e-wallet tech provider CloudZync. The research, which polled 2000 consumers, highlights that while our physical wallets are ‘bulging’ (more…)
Leading payment providers Optimal Payments, Realex and SagePay have signed up to work with Zapp to start to offer some of the world’s biggest merchants the ability to allow mobile payments. The agreement commits Zapp and these leading payment service providers to work together to roll-out Zapp to retailers in (more…)
As US analyst firms Heavy Reading bullishly predicts that the mobile payment market is poised to hit $1trillion by 2015, US POS specialist Revel Systems revealing this week that it is to fully integrate PayPal mobile payment capabilities into its POS kit.
Somewhat following the lead set in the UK by Barclays Bank and its PingIt service, US Bank – part of US Bancorp – has teamed up with Montisie to create what it is calling “an advanced mobile shopping experience” that combines not only checkout/payment, but also product selection.
Mobile payments is gaining some consumer traction globally, with transactions via mobile jumping 27% from 13.8% of all transactions in April 2013 to 17.5% by the end of August. The bulk of growth comes from users starting to do more shopping on smartphones and tablets, with Europe leading the charge.
Mobile money and payments is failing to live up to the hype and is not delivering anything for either consumers or merchants finds a study by mobile payments company MPayMe.
Many consumers want to shop on mobile – they even get as far as the checkout. Then they abandon. Why is this problem that once dogged online retail still an issue wonders Fadi Shuman, Founder and CEO of Pod1 and what can be done about it?
Barclays has revamped its peer-to-peer payment app, PingIt, to allow consumers to use the service to pay utility bills and to buy goods direct from billboards, magazine adverts and even from the TV.
It’s been a busy month for Monitise, as it partners with IBM to help Visa Europe create new mobile commerce services in the cloud, while at the same time buying mobile experience agency and developer Grapple as the payments company expands it influence in m-commerce.
‘Cost efficient’ supermarket Lidl has become the latest retailer in the UK to go contactless, rolling out NFC technology in all 600 of its UK stores, following a successful pilot on February.
Pouncer Media, the company behind last minute restaurant booking service TablePouncer is to use Payforitn service in it mobile app to allow consumers to purchase dining deals on the move.
Access Prepaid Worldwide, the leading global prepaid programme manager and part of the MasterCard Group, has launched a multi-currency cash service that can be managed from an app to make travel, if not cheaper, then at least easier.
The much vaunted – and somewhat Alan Partridge-esque – ‘pay-by-face’ technology that allows PayPal users to use their PayPal account to make payments in shops using their face as authentication has arrived in the UK – well in the leafy, well-to-do London suburb of Richmond-upon-Thames, where PayPal has an office.
CloudZync, a British mobile commerce company, has launched its smart wallet, Zync Wallet, with 280 merchants already signed up to the platform. Zync Wallet eliminates the need for a physical wallet and lets consumers pay for items straight from their phones, integrate all of their loyalty cards into the app, (more…)
The era of pay-per-click marketing could be coming to an end, but only if retailers, banks and network operators embrace co-operation around payments and marketing rather than looking to “own the space,” says Alastair Lukies, CEO and Co-founder of Monitise in an exclusive video interview with Internet Retailing.
UK retailers Boots, Argos, House of Fraser and The Hut Group will be among the first in Europe to offer MasterCard’s new crosschannel payment solution, MasterPass. The MasterPass digital service enables shoppers to store details of a variety of payment, store and loyalty cards, as well as their shipping and (more…)
A new study conducted by Cognizant and Monitise plc finds that retail banks can realize the full potential of mobile banking by offering segmented consumer experiences and advanced digital wallet capabilities.
MasterCard has joined forces with Kalixa Group and DeviceFidelity to launch the moneto prepaid wallet. The wallet enables near field communications (NFC) functionality on an iPhone, allowing users to tap and pay for goods at thousands of MasterCard retail outlets across the country. The service will soon be compatible with (more…)