Payment-systems

Facebook Puts Virtual Currency Into Drive

Facebook, which had been oh-so-very slowly rolling out its Facebook Credits payment system, now seems intent on speeding that process up. Tw…

Report: U.S. Consumers Wary Of Mobile Banking

A survey by KPMG has revealed that most people in the US are uncomfortable with mobile banking, mostly citing concerns about security as a m…

EU Banks, Carriers Team Up On Mobile Payments

European Union banks and mobile operators have agreed to work together on mobile payments. Mobile industry group, the GSM Association, and t…

RBI Drafts Norms On Mobile Payment For Banks

The Reserve Bank of India has issued draft guidelines on mobile payments, a few highlights from the 12 page document below:

Mobile Payment…

Bango Launches "Get It On My Mobile" Button

Bango (AIM: BGO) has launched a new service dubbed Get On My Mobile which lets people sell mobile content from their website. “Bango Buttons…

Sony, NXP Form Moversa, JV For Mobile Payments

Another mobile payments deal… Sony (NYSE: SNE) and NXP Semiconductors have set up a joint venture called Moversa to develop a chip which w…

AT&T To Preload Banking App On Handsets

AT&T (NYSE: T) will preload a banking application onto its handsets, a move which is intended to make the icon easy to find by users. It has…

Verizon To Preload Mobile Banking App

Verizon Wireless (NYSE: VZ) has announced plans to preload a mobile banking application from Firethorn on devices in the future, and the two…

M-Commerce Starts Selling

Like most hyped technologies m-commerce has gone through a few years of not-much-at-all since it was slated as the next-big-thing, but indic…

GPay — Google Patents Mobile Payment System

Google has filed a patent for a mobile phone payment system (patent is here). Naturally this is being linked to the rumored Google Phone, bu…

Diebold Gets Mobile Banking Patents

ATM company Diebold (best known for the PR disaster that was its electronic voting machines) has scored some patents relating to mobile phon…

Mobile Marketing: Back in Business

New unlimited text plans have revived the mobile marketing industry in the U.S., according to the New York Times. (In the past, marketeers h…

Verizon To Announce Deal With Obopay

Mobile payment company Obopay will get a boost with a deal with Verizon to make the payment application through Verizon’s mobile store or th…

US Premium SMS Revenues Hit $273 Million

Premium SMS made up 32 percent of US mobile content revenue in the first quarter of this year, bringing in $273 million according to Telephi…

Mobile Banking Goes Slow In US

There have been several mobile banking announcements in the US announced recently, but uptake is still small: “Only 400,000 consumers are us…

Mobile Banking To Take Off In US — Celent

Analyst Celent has predicted strong growth for mobile banking in the US, growing from less than one percent of online bankers in 2006 to 35…

Mobile Payments Firm Obopay Joins With AIM

Mobile payment company Obopay has launched a plug-in service for AOL’s instant messaging service, AIM. The plug-in lets users add money to t…

M-Commerce Not Paying Off Yet

Predictions of mobile commerce are all over the place, not least because it depends on what you define as m-commerce (buying mobile content,…

Bango Revenues Up 37 Percent Year-On-Year

Bango has released a trading update for the year ending March 31st, before it announced its annual results on June 12th. The revenues for th…

Limited Interest In Mobile Banking In US

JupiterResearch has found that just 8 percent of online consumers who own a mobile phone are interested in browsing on the device to check t…

Mobile Buying Reaches US

Several US magazines are launching the ability to buy products advertised in the magazine via SMS, including CosmoGirl and Stuff. The servic…

Activism With Mobile Phones

Just as mobile phones are more prevalent in the world than computers, in many countries they are also more important in the activities of po…

Mobile Visa Card Launched

A mobile Visa debit card has been launched by MP3NY, the “boutique brand engineering firm” founded by Kevin Watson, also known as T-Weed on…

Consumer Group Questions Cellphone Fund-Raising

The Foundation for Taxpayer and Consumer Rights is complaining about programs that allow people to donate money to charities via SMS — the…

Mastercard Launches Nearby Service

Mastercard has announced a new mobile effort, Mastercard Nearby, which will let users search for ATM and merchant locations, get driving dir…

Nepal Telecom Introduces M-Commerce

As mobile payments and banking getting a lot of buzz at CTIA, Nepal Telecom will introduce a range of mobile financial services after signin…

CTIA: AT&T Working On Mobile Payment System

AT&T is planning to launch a mobile payments service later this year, Spencer White, director of mobile financial services and business deve…

PayPal To Launch Mobile Checkout Service

PayPal is upgrading its mobile payment platform to include the ability to pay through a mobile web browser. The WAP version to send payments…

Japanese Stand-Ups Go Mobile

Osaka-based Yoshimoto Kogyo has teamed up with Intel and mobile content provider Faith to launch a web-based content service for the comedi…

Japanese Mobile Use Increases Still More

A recent survey by technical solutions provider Nepro IT Co has found that Japanese usage of mobile phones has increased even further, accor…

Vulnerabilities In Billing For Mobile Content

Over at BillingWorld there’s a fairly comprehensive piece about the problems and vulnerabilities in mobile billing systems, seen from both t…

ITV's Mobile Marketing Strategy

British broadcaster ITV has incorporated mobile marketing into its upcoming ITV Broadband portal, according to Mark Sweney at the Guardian.…

Publishers Test Out Text-to-Buy Feature

Brandweek writes about magazine publishers latching onto mobile as a revenue driver, … “magazines like Details, CosmoGIRL!, Glamour and Br…

Sony, NXP Team Up To Standardize Mobile Wallets

Reuters is reporting that Sony from Japan and Netherlands-based NXP Semiconductors (formerly Philips) will create a joint venture to “plan,…

Obopay Receives Additional Funding

Mobile payment company Obopay has announced via a press release that “it has received from Wolfensohn & Company, L.L.C. an add-on investment…

Cingular To Offer Cellphone Banking

WSJ: The largest US carrier, Cingular, is planning to offer a mobile banking service to its customers. However, in order to do this it needs…

Amp’d Adds Mobile Payments With Obopay

Youth MVNO Amp’d and mobile payment startup Obopay have signed up to put a mobile payment system on Amp’d phones. “Through an application on…

Mobile Banking In Asia

There are a couple of mobile banking/payment stories coming out of Asia…
In Japan KDDI has entered a pact with the Bank of Tokyo to set up…

Paypal’s Mobile Payment Content Partners

Paypal, which soft-launched its mobile payment service late last month, has announced some more details. Some of the retailers who will offe…

Buying Mobile Content With A TV Remote

Itaas Inc and eMbience have partnered to form a mobile content distribution/payment service called MPTV. The idea is that people will use th…

Ring Up My Bill, Please (reg required)

NYT has a post on a trial by “a group of payment and wireless companies” in mobile payments in the US. “This is going to happen sooner than…

Paypal’s History in Mobile: Some Links

Our collection of stories of Paypal’s mobile efforts in the last two years:
— PayPal Going Mobile — But Where?
— PayPal Seeks Mobile Recr…

Paypal Mobile: Also in Canada and UK

The service is also available in Canada and UK…UK already has a slew of mobile payment services, including some through the operators…
A…

Mobile Lime Gets $10 Million Funding

U.S. mobile payment startup Vayusa, whose first product is Mobile Lime, has received $10.08 million of an $11.4 million first round, accordi…

PayPal Going Mobile — But Where?

There’s been a few stories about PayPal’s incipient move into mobile payments, although they’re all based on the fact that the company is hi…

Amazon On Mobiles

This application is not by Amazon, but by Moonlight Mobile, which has also produced an application that connects to eBay from mobile phones.…

Schoolkids Test SMS Banking

Brisbane-based company Qpay has given 100 school kids $10 to use an SMS payment system. “They can transfer the money to existing bank accoun…

PayPal Seeks Mobile Recruits

PayPal is keen to enter mobile micropayments and has finally gotten around to start a business to get it going, advertising for staff for Pa…

Demand Seen For Mobile Banking

UK users are keen on mobile banking, according to a survey — 51% expressed interest in using a mobile banking service. The survey was condu…

TextPayMe — What It Sounds Like

A new mobile payment system has been launched…TextPayMe allows people to send money with an SMS. It works like this: Someone signs up to t…

UK Operators To Open Up Mobile Commerce

The use of phones for mobile content commerce is set to take off in UK, as mobile operators announce a cross-network policy for its use, re…

UPDATE: Bango Signs Paypal Deal

Bango has signed a deal with PayPal to allow vendors using the Bango portal to offer PayPal to their clients as a billing option. “With this…

Urban Mobile & E-Pay Sign Deal

Mobile entertainment and technology company Urban Mobile has signed a deal with electronic payments processor e-pay to promote UM’s mobile c…

Orange Offers Simpay Lite

Orange plans to launch a service by Q4 that will allow merchants the opportunity to pay for goods by charging the customers Orange telephone…

It's Official: Simpay's Future In Dark

As James reported earlier, the pan-European mobile payments systemSimpay’s future is in a cloud..it has posted an official statement on its…