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Ericsson, Millicom partner on Tigo Cash for West Africa

Mobile money services are popular in Africa

Ericsson has announced its Wallet Platform has been deployed by Millicom-owned Tigo Senegal to offer financial services to customers across West Africa. Tigo Cash mobile services allow subscribers to make payments, store, transfer and withdraw money using a mobile device, even if the user doesn’t have access to traditional banking services.

Tim Cook claims Apple Pay off to strong start, not fazed by competition

Apple CEO Tim Cook doesn't seem faced by competition to Apple Pay

Apple’s CEO Tim Cook has revealed one million credit cards were activated on Apple Pay in its first three days. So far, the US’ six biggest credit card issuers have signed up, with a reported 500 financial service providers joining early next year. Visa, MasterCard and American Express are among those already enabling the app.

PayPal splits from eBay in face of Apple Pay challenge

PayPal face increased competition from Apple Pay

eBay and wholly-owned subsidiary PayPal will officially split into two independent publicly traded companies in 2015, the company has confirmed. After a review of the company’s growth strategies and structure, the board of directors concluded the split will enable both companies to better position themselves to respond to competitive change.

Apple has first interesting product launch for four years

The iPhone 6 and 6 Plus with Apple Pay

Apple has been in a holding pattern for the past three years and has finally revealed a bunch of stuff it has been working on for a while. The two new phones feature the first major industrial design overhaul since the iPhone 4 and the Apple watch seems likely to significantly raise the bar in the wearables category. But the most significant announcement is probably Apple Pay, not just for Apple, but for the catalysing effect it could have on mobile commerce on the whole.

Apple set to kick start mobile wallet with iPhone launch

Apple's Touch ID fingerprint reader

Multiple reports predict Apple will reveal partnerships with the major credit card providers as part of a new mobile wallet initiative that will be unveiled at the big annual iPhone launch, set for 9 September.

Mobile banking to overtake online within five years

Another piece of the mobile wallet jigsaw

Analyst firm Juniper Research reckons more people will be using mobile apps for banking than web-based options by 2019, as the 800 million people who used their phones for banking more than doubles to 1.75 billion in five years.

Isis mobile wallet goes nationwide in US

The latest version of the Isis mobile wallet service has been launched across the US, following 18 months of testing in Texas and Utah by AT&T, T-Mobile USA and Verizon Wireless.

G&D launches mobile wallet solution

G&D launches mobile wallet solution

SIM card maker Giesecke & Devrient (G&D) has announced a mobile wallet solution. The solution, called SmartTrust Portigo allows users to make debit and credit card payments using their smartphones and also enables them to store ID cards, loyalty cards, public transport tickets, and access keys for buildings and vehicles in the electronic wallet.

Visa m-wallet to launch in autumn

The wallet will ultimately act as a container for multiple payment technologies

Financial services firm Visa Europe has said it will launch the V.me digital wallet on a controlled basis in the UK, France and Spain in the autumn of 2012.

O2UK launches mobile wallet service

The O2 Wallet home screen

Telefónica subsidiary O2 has become the first operator in the UK market to launch a mobile wallet offering. The service offers price comparison for online shopping, person to person money transfer and allows the user to digitise cards linked to existing bank accounts, or load money onto an O2 stored value account.

Hot Topic – Mobile Financial Services

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Mobile Communications International April 2012 Click to launch the full edition in a new window Alternatively click here to download a copy of the Mobile Communications International April edition in PDF format.

Orange launches contactless mobile wallet

Orange customers with an Samsung Tocco and a Barclaycard account or credit card will be able to use QuickTap tech at places such as McDonalds

The UK arm of France Telecom’s Orange has launched what it says is the first contactless mobile phone-based payment services, allowing customers to make purchases up to the value of £15. The service has been developed in conjunction with Barclaycard, and will use the credit card firm’s network of contactless readers, deployed in more than [...]

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