NFC Playing Catch Up to QR Codes and SMS in Mobile Ticketing

ABI Research has forecast that over 34 billion tickets will be delivered to mobile devices over the next five years. The combined number takes into consideration the multiple technologies used to present a mobile ticket at time of authentication, including QR codes, NFC, SMS, mobile wallets, Bluetooth Smart, and dedicated apps. In terms of the

X-INFOTECH Presents Cards & Mobile Africa 2014 Conference and Exhibition

X-INFOTECH is pleased to invite you to attend the most attractive event for banking and mobile sectors in East and North Africa! Cards & Mobile Africa 2014 is held on the 25th of March, in the Nairobi Serena Hotel, in Nairobi, Kenya. Nowadays new payment technologies are rapidly developing and actively entering our everyday lifes.

Kenyan Payments Startup, PesaPal, Expanding into Zimbabwe

Kenyan internet payments startup PesaPal is expanding into Zimbabwe. Agosta Liko, the founder of the company told TechZim recently that their focus for the Zimbabwe entry is eCommerce, Tourism, Hotels, School fees and bill payments. Pesapal already provides similar payment services in Kenya where it’s biggest, but it also has operations in Tanzania and Uganda.

Visa Releases Mobile Best Practices for Issuers

The growth in e-commerce transaction volumes and the increased adoption of mobile phoned the way consumers are now shopping has changed. With this in mind, Visa recently released an overview of best practices for mobile issuers. Compared to traditional e-commerce from a laptop or PC, browser based mobile commerce (m-commerce) is still in its infancy

Predictions for Banking and Payments in 2014

In the spirit of the New Year, here are a few global banking and payments predictions for the coming year. 1. Personalisation of Mobile The data and hyper-connectivity provided by mobile devices is increasingly being utilised to personalise the retail experience. Mobile devices allow for greater customer-merchant engagement and interaction through location targeting and loyalty

Europe’s Largest Commercial Mobile Contactless Payments Service Launched in Spain

Visa Europe and leading Spanish bank CaixaBank along with mobile network operators Orange, Telefόnica and Vodafone, have announced the launch of Europe’s largest commercial mobile contactless payments service. From February 2014 CaixaBank customers will be able to make contactless payments quickly and safely using their contactless-enabled smartphones. The partnership with Orange, Telefόnica and Vodafone enables

Buy Game Credit and txtNation Enable Mobile Payments for Xbox

Mobile billing and messaging company, txtNation has worked with BuyGameCredit.com, enabling them to sell Xbox points and Gold Membership, using mobile payments. The points can be used to purchase Microsoft Xbox games, meaning this is a quasi-physical product, previously typically sold ‘physically’ in a retail environment. Working with the mobile network operators, txtNation were able

Mobile Shopping on the Rise this Christmas

About 32% of participants in a survey conducted on bidorbuy in September 2013 will do their Christmas shopping on a mobile device this year. Although the majority of online shoppers still prefer their computers, this shows that South Africans are becoming increasingly comfortable with buying on a cell phone or a tablet. As many as

US Bill Payments – Western Union Releases Bill Payments Money Mindset Index

The Western Union Company, released the latest findings from the Western Union Bill Payments Money Mindset Index. The survey of U.S. consumers reveals mobile device ownership and usage are changing consumers’ bill payment behaviors, even as people continue to use different payment channels like in-person or mail to meet their budget and lifestyle needs. For example,

MMU Case Study: Econet Zimbabwe’s Big Mobile Money Ambitions

Econet Wireless’ mobile money service, EcoCash, has jumped off the starting blocks registering 31% of Zimbabwe’s adult population in just 18 months. EcoCash accounts already outnumber all of Zimbabwe’s bank accounts combined. How has EcoCash achieved such early success? They have combined effective operational execution with an unusually high degree of investment and organisational focus.