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Twitter builds commerce model with CardSpring buy

CardSpring specialises in payment APIs

Social network Twitter has acquired payments infrastructure firm CardSpring for an undisclosed sum. The San Francisco-based startup develops a web service API that makes it easy for payment companies and point-of-sale vendors to work with developers to create card-linked services.

Deutsche Telekom launches mobile wallet

Deutsche Telekom has launched a mobile wallet service in Germany

German operator group Deutsche Telekom has launched a mobile wallet service in its domestic market. The operator also plans to extend the offering to further markets; to Slovakia in mid-May and in Hungary later this year.

Mobile money users reach 61 million

The number of active mobile money users has grown to 61 million in June 2013 from 37 million a year earlier

The number of active mobile money users has grown to 61 million in June 2013 from 37 million a year earlier, according to trade body the GSMA.

Vodafone launches MoneyGram to M-Pesa money transfer service

Vodafone has joined forces with global money transfer and payment services firm MoneyGram to enable customers in over 200 countries to send money to M-Pesa users

Operator group Vodafone has joined forces with global money transfer and payment services firm MoneyGram to enable customers in over 200 countries to send money to M-Pesa users. The two will initially launch in a few key markets in 2Q14 and plan to roll out the service to further markets during the remainder of the year.

T-Mobile USA takes on “ridiculous” bank fees with mobile money service

T-Mobile USA has launched a mobile money service in a bid to convince subscribers to use the operator for their personal finance needs

T-Mobile USA has launched a mobile money service that claims to do away with charges levied on US bank customers for accessing their funds.

AT&T launches payment services for businesses

AT&T has launched two solutions to allow businesses to process payments using a mobile device

US operator AT&T has launched two solutions to allow businesses to process payments using a mobile device. The operator teamed up with payment processing services provider Vantiv to develop the solutions, which it says offer a highly secure and swift method to process transactions.

O2 discards unattractive wallet

O2 UK said it cancelled its O2 Wallet service last week due to the pace of development in the mobile payments space and developments within Telefónica

UK operator O2 has revealed that its O2 Wallet service, which closed last week, was a casualty of the pace of development in the fast moving mobile payments space.

Warid Telecom intros mobile money service in Pakistan

Warid telecom has teamed up with Bank Alfalah to launch a mobile money service

Pakistani operator Warid Telecom has teamed up with Bank Alfalah to launch a mobile money service. The service, Mobile Paisa, will initially enable users to make utility bill payments and secure money transfers across Pakistan. The operator said that it plans introduce further services in the near future.

MasterCard takes controlling stake in mobile remittance service

MasterCard has teamed up with mobile payment solutions providers eServGlobal and BICS to extend the capabilities of their international mobile remittance platform HomeSend

Payment provider MasterCard has teamed up with mobile payment solutions providers eServGlobal and BICS to extend the capabilities of their international mobile remittance platform HomeSend. The three firms have set up a joint venture which uses the HomeSend platform, in which MasterCard will have a controlling share.

Turkcell inks mobile wallet deal with Garanti Bank

Turkcell mobile wallet launched in Sanliurfa and is now being rolled out across Turkey by Garanti Bank

Turkish mobile operator Turkcell and the country’s Garanti Bank and have partnered with Visa Europe in a deal aimed at bringing the Turkcell mobile wallet to more consumers in Turkey.

Vodafone to launch NFC payment service in Europe

Vodafone will launch its SmartPass service in Spain

Operator group Vodafone has announced an NFC mobile payment service in Spain. The group plans to launch the service at the end of November, with launches in Germany, the Netherlands and the UK to follow.

Telenor, DNB bring NFC to Norway

The launch follows the success of the Tap2Pay pilot project in Oslo in 2011

Norwegian carrier Telenor has teamed up with DNB, the country’s largest bank, and identity management specialist Giesecke & Devrient (G&D) to introduce Norway’s first commercial NFC project.

Intelligent Environments rolls out Pebble smartwatch banking app

The Pebble smartwatch

A UK technology company has created a banking app that promises to help customers keep track of their finances at a glance, interfacing with the Pebble smartwatch which launched launched in January 2013.

Orange and Visa team up on NFC payments in France

Orange has launched Orange Cash and announced a strategic partnership with Visa

French operator group Orange has formed a strategic partnership with payment provider Visa to accelerate awareness and everyday usage of contactless payment technology in France. The operator has also launched a mobile prepayment solution called Orange Cash in the country.

Ooredoo tops one million mobile money subscribers

Qatari group Ooredoo says it now has one million mobile money subscribers

Qatari operator group Ooredoo now has one million mobile money customers across its global footprint. The group, which has a presence in Qatar, Indonesia and Tunisia added that mobile money services have contributed to economic and social development in the markets it operates in.

SIA’s Andrea Galeazzi takes up chairmanship at Emmecom

Andrea Galeazzi is now chairman at Emmecom

Andrea Galeazzi, director of network services at Italian payments and technology infrastructure company SIA, has taken up a new role as chairman at Italian telecoms firm Emmecom. The move is part of SIA’s acquisition of the smaller firm, which took place in July and forms a key part of its European expansion plans.

Global mobile money transfer to top $10bn in 2013

Mobile international money transfers to exceed $10bn this year, finds Juniper Report

The value of international money transfers made via mobile phones will exceed $10bn for the first time this year, according to Juniper Research. However, the cost and complexity of regulating cash transfer had led many service providers to focus exclusively on airtime top ups, the research firm reported.

Consumers don’t trust mobile payments study finds

UK consumers are deeply concerned that mobile payments aren’t safe

Fewer than one in four of UK consumers would use their smartphone like a credit card to make payments even if they had the relevant app, according to a new survey carried out by YouGov on behalf of outsourcing firm Firstsource Solutions.

Telefonica enhances carrier billing

Telefonica is using Mopay to enhance its carrier billing capabilities

Spanish operator group Telefonica has signed a deal to step up its carrier billing capabilities. The operator group has teamed up with mobile money solutions provider Mopay, granting it direct access to Telefónica’s billing platform BlueVia.

Barclays adds features to Pingit

Barclays has launched two features within its mobile banking app Pingit, which it launched in February last year

British bank Barclays has launched two features within its mobile banking app Pingit, which it launched in February last year. Using the service, retailers can offer their customers two new ways to pay via their mobile.

@telecoms