SumUp adds American Express to its mobile point-of-sale terminal roster
The mobile payments company says it now supports more cards in more countries than any of its many rivals, which include Square, iZettle, Payleven, Adyen and mPowa. Read more »
Visa’s digital wallet V.me launches publicly, plans in-store rollout in 2013
photo: V.me
Visa’s digital wallet V.me is exiting beta and gearing up for a big holiday season with 50 banking partners and about two dozen merchants. V.me helps simplify transactions online and on mobile and will move to in-store point of sale next year. Read more »
Procter & Gamble, Visa, Citi top Yahoo Olympic sponsor roster
photo: Shutterstock / Steve Heap
Yahoo signs more than a dozen sponsors to back what might be its most ambitious event coverage ever. Over two weeks, Yahoo hopes to reach 700 million viewers across more than 200 countries. Read more at paidContent »
Visa launches V.me digital wallet beta with Buy.com
While credit card rival MasterCard announced its own digital wallet platform, Visa has some news of its own. It’s launching the first beta of its wallet service V.me with online retailer Buy.com as it prepares to go public with the its payment product. Read more »
MasterCard expands PayPass wallet service into a platform
MasterCard is expanding its mobile payment service PayPass into a larger platform called PayPass Wallet Services that will enable PayPal-like online payments and will include APIs for developers to integrate their payment apps and services with PayPass. Read more »
Visa’s V.me digital wallet set to debut this fall in Europe
V.me, Visa’s digital wallet competitor to PayPal, is scheduled to debut this fall in the UK, France and Spain. It will be an online payment service at first but the bigger plan is to make it an in-store tool for transactions using NFC. Read more »
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Social media in Q1: commerce and discovery dominated
Media issues like advertising and discovery along with commerce dominated the activity in social and real-time Web technologies during the first quarter. Google raised some hackles, Facebook responded to demands from traditional advertisers, and Yahoo got a new chief executive. Read more in the full report. Read more at GigaOM Pro »
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Opportunities and challenges for mobile deals
Mobile deals combine location-aware discounts with mobile marketing campaigns. What are the largest pitfalls in this promising space, though? Privacy and security issues must be addressed to assure consumers their purchases are secure and their location is being closely guarded. Read more at GigaOM Pro »
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Defining the mobile wallet: what it is, why it matters
With new products from a variety of players like Google and Isis comes a potentially confusing year as the term “mobile wallet” gets thrown around repeatedly. What exactly is the “mobile wallet”? Here are some important definitions for those looking to make a move in the space. Read more at GigaOM Pro »
Shopkick teams with Visa to tie rewards to card purchases
Mobile shopping reward app Shopkick is realizing its full potential by tying into Visa’s payment processing network, helping close the loop on transactions and providing new incentives for users to make purchases. Users will now get rewarded not just for visiting a store but buying products. Read more »
Why Mobile Payments Might Still Be A Few Years Away In A Few Years
Are mobile payments the new speech recognition technologies? One of the bigger stories in mobile this year has been the growing investment a… Read more at paidContent »
Mobile payments won’t sell itself, it requires added value
It’s still too early to say when they Year of Mobile payments will happen. But the important lesson is that mobile payments can’t rely on payments alone to sell itself; it will take a lot of new valuable services to convince consumers and merchants. Read more »
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The future of mobile: a segment analysis by GigaOM Pro
As our demand for data increases, so too do the number of mobile devices and services. Add to that the infrastructure needed to support such connectivity, and a wide, complex picture of the mobile industry emerges. This report examines the various sectors of the mobile landscape and what the future holds for each. Hardware, cloud services, mobile search, advertising, location-based services and the growing ubiquity of the Internet of Things will all play an important role in the concept of mobility as it shifts and evolves over the next several years. With the help of more than a dozen contributors, GigaOM Pro presents a comprehensive analysis of the companies and trends that will lead us into the next era of mobile. Read more at GigaOM Pro »
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Forecast: the future of near field communication
By 2015, the worldwide sales of NFC-equipped handsets will reach 263.6 million units, with the cumulative total at more than half a billion compatible devices. This report covers the current landscape for NFC, examines the technology’s different forms of deployment and forecasts its future. It also examines the various deployments of NFC technology — mobile payments, point of purchase, augmented reality — and the challenges businesses, carriers and handset makers face moving forward. Companies mentioned in this report include Google, TapIt, Amazon and NTT DoCoMo. For a full list of companies, and to read the full report, sign up for a free trial. Read more at GigaOM Pro »
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Mobile payments: forecasts, technologies and opportunities
Mobile payments — payments initiated by a phone for a transaction at a physical point of sale or online — will total over $750 billion worldwide by 2015, and many predict they will soon begin to replace a typical credit card transaction. This report analyzes and forecasts the mobile payments industry, from its current technologies to the companies implementing them and the trends we can expect in the coming months. Much of the near-term growth of mobile payments will be driven by near-field communication (NFC) technology, but QR and 2D bar codes, mobile POS systems and SMS transactions are also important platforms for companies to consider when creating business models and strategies. Meanwhile, services from the likes of MasterCard, Nokia, Amazon and Google offer examples for others to follow and clues into the future of the industry. Additional companies mentioned in this report include Research in Motion, T-Mobile, Zong and Groupon. For a full list of companies, and to read the full report, sign up for a free trial. Read more at GigaOM Pro »
Credit card companies sign-up & back operator NFC platform
Isis, the carrier led near NFC mobile payment platform, revamped its approach this spring in favor of a more open system that invited credit card companies to join its digital wallet. Today, Isis announced that it’s signed up Visa, MasterCard, American Express and Discover as partners. Read more »
Visa Looks Beyond the Card With One-Click Digital Wallet
Visa is starting to put its big payment acquisitions to work with a new a digital wallet offering that looks to bring one-click transactions to ecommerce, mobile and social networking sites. The wallet will help consumers checkout faster and should reduce online abandoned shopping carts for retailers. Read more »
Visa Invests In Mobile Payment Startup Square
Visa has invested an undisclosed sum in mobile payments firm Square in what the companies are describing as a “strategic investment.” Square… Read more at paidContent »
Credit Card Cos: Who’s Doing What in Mobile Payments?
Visa’s investment in Square is the latest move by big credit card companies to better position themselves for the coming mobile payments boom. The companies need to stay active in this market or risk being bypassed. We look at the efforts of the big three. Read more »
Britain Woos Entrepreneurs With Its Own Startup Visa
It’s no secret that the political machine in Washington can be slow. The Startup Visa Act was first discussed in 2009, and in the meantime, Britain has managed to pass their own version, despite a change of government, heated debate, and necessary changes to immigration laws. Read more »
Visa Sees Dollars in Personal Payment Opportunity
Visa is getting into personal payments ring by offering the ability to receive and send funds directly to Visa credit, debit or prepaid card accounts in the U.S. The move pits Visa against leader PayPal and others and further validates the market for personal payments. Read more »
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Is There Any Money for Carriers in the Mobile Wallet?
Network operators are once again pushing the idea of a “mobile wallet” in an effort to grab a slice of purchases for both virtual and physical goods. But they’d be wise to view themselves as an extension of existing payment systems — not as a ... Read more at GigaOM Pro »
Noca Launches New Online Payment System
The current downturn is likely to be a tipping point for e-commerce, as thrifty buyers search for bargains on the web. We saw early signs of this trend recently when Amazon reported great sales performance for the holiday season — quite the opposite of its brick-and-mortar […] Read more »
MasterCard Offers a Piece of the Mobile Payment Puzzle
MasterCard today announced a program that allows its issuing banks to essentially turn your cell phone into a one of the credit cards (provided you already have one, of course) at any merchant that uses the payment processing company’s PayPass program. Vendors that have PayPass systems […] Read more »
