App-based digital wallets have thus far met with limited consumer adoption due to several issues: consumers must typically download a dedicated app (often times an app for each merchant), how and where to use the wallet is complex and confusing, the functionality offered – payments only – is not broad enough for what consumers really need in a wallet.
Against a backdrop of recent developments in the mobile wallet and mobile payment device technology sectors, risk and fraud prevention specialist UKFraud has launched a new mobile wallet consultancy practice. The move reflects recent positive and influential developments from Google with their Wallet and more recently from Apple with the launch of its latest iPhone
Zapper.com’s new Scan-to-Pay app uses the camera on your smartphone to make paying your bills as quick and easy as taking a photograph. Zapper.com allows businesses to generate unique QR Codes for bills. When you receive a bill with a Zapper QR Code on, you just open the app, scan the QR Code and confirm the amount
A start-up mobile money transfer service is saying it will revolutionise how the African Diaspora sends money to family and loved ones back in Africa. Afrocoin Mobile Money is developing an e-money payment system that will be deployed in Zimbabwe in partnership with Allied Bank Zimbabwe. In South Africa, Afrocoin is working in partnership with
With an annual U.S. retail POS market of almost $4 trillion up for grabs, the stakes are extremely high. But slow adoption, lack of merchant enthusiasm, fragmented offerings, and blocking by competitors has resulted in stalled growth for mobile wallets. Today, Javelin Strategy & Research released the firm’s Mobile Wallet Game Changers: A Glimpse into
In recent weeks there has been an influx of new mobile technologies. The Samsung Galaxy Gear, PayPal Beacon, Google Motorolla / Skip, Apple iBeacon and Google Glashion now include key features that can enable payments. Samsung Galaxy Gear The Galaxy Gear, Samsung’s now official and it’s quite different to anything you’ve seen before. It is
YSPay, one of the leading payment services providers in China, has rolled out a new mobile payments solution developed with Accenture. The solution allows YSPay customers – consumers, banks and merchants – to process payments with any type of mobile phone. The companies announced the launch of the solution at Sibos in Dubai. YSPay’s new
ROAM an Ingenico company and the leading mobile commerce platform provider, today announced a new partnership with Merchant Warehouse to expand the company’s mobile payment acceptance solutions. Merchant Warehouse, a leading innovator of payment technologies and merchant account services, will leverage ROAM’s secure mobile card readers, associated software and services to provide its merchants and partners
In line with MasterCard’s recent introduction of Egypt’s Mobile Payment Gateway, National Bank of Egypt (NBE), Fawry and Egyptian Banks Company (EBC) have announced the launch of “Phone Cash”, an innovative new mobile payment solution. The “Phone Cash” mobile payment wallet is available to banked and unbanked customers across Egypt, who can use the service
Giesecke & Devrient (G&D) offers a new SIM platform that allows several different NFC applications to be executed securely and simultaneously on a single SIM card. The SkySIM CX SIM-card family provides protected areas that can be used for electronic payment and ticketing applications and for customer loyalty programs. Network operators will thus be able
