Burning a hole in the pocket
April 26, 2012 Written by Mike Hibberd
In a world where it’s almost too easy to part with your digital currency, innovation has moved on to the contents of the digital wallet.
m-payments
Killing off cash
April 30, 2012 Written by James Middleton
One recurring point made by almost everyone we spoke to for the mobile money issue, is that cash is of no value to anybody in this ecosystem. The cash value chain features the smallest number of participants – the buyer and the seller – with no opportunity for anyone else to skim a wafer thin transaction charge off the top. Moreover, cash is seen as inconvenient and insecure, and some might argue it’s on the way to getting a bad rep as a payment mechanism. So will digital triumph by virtue alone?
Credit Card Bill
April 26, 2012 Written by James Middleton
Financial institutions like Visa have spent the last 20 years laying the rails for international payment systems. Visa is now leveraging those frameworks to mobilise the commerce experience.
Zong founder takes helm of Paypal
March 30, 2012 Written by James Middleton
Online payment giant Paypal has named entrepreneur and founder of Zong, David Marcus, as its president. Marcus had held the position of VP of mobile since the acquisition of Zong last year.
PayPal launches mobile payment device
March 16, 2012 Written by Dawinderpal Sahota
PayPal has launched a mobile payment solution allowing small businesses to process a wide variety of types of transaction. The solution, called PayPal Here, allows businesses to accept payments by swiping cards with a fully encrypted thumb-sized card reader, use a phone camera to scan and process cards and cheques and also allows businesses to invoice directly from the PayPal mobile app.
Swedish operators to replicate m-payment strategy in Norway, Denmark
March 16, 2012 Written by Mike Hibberd
Swedish operators Telia, Telenor, Tele2 and 3 are planning to replicate their 4T mobile payment joint venture in Norway and Denmark, where some or all of them are present in the market. Swedish firm 4T was created in November last year and is 25 per cent owned by each operator.
Telefonica invests in m-payment venture
March 15, 2012 Written by James Middleton
The Digital arm of Spain-based carrier Telefónica clearly sees opportunity in the mobile payments space, on Thursday announcing investment in, and a strategic agreement with, m-payment firm Boku.
EDCH: The magic number
Ahmed Al Mehyas, General Manager for Emirates Data Clearing House (EDCH), owned by operator group Etisalat, talks to telecoms.com about the pressures on operators in the roaming sector as well as opportunities in the mobile finance space. Al Mehyas also talks about his vision of integrating the mobile number with a variety of social services.
Visa taps in to mobile payments platform
March 7, 2012 Written by James Middleton
Financial services provider Visa Europe said Wednesday that it intends to take a 15 per cent stake in the Mobile Money Network (MMN) – a joint venture between Monitise, Best Buy Europe and Carphone Warehouse, and telecoms entrepreneur Charles Dunstone (as a private investor).
Ericsson, MTN launch m-wallet
February 27, 2012 Written by James Middleton
Ericsson and MTN Group have co-launched m-wallet services in the Middle East and African regions, marking the first time an operator has adopted Ericsson’s converged wallet offering.
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