Intel has teamed up with payment provider MasterCard in a drive to provide more options for a safer and simpler check-out process for online merchants and consumers using Ultrabook or netbook type devices and future generations of Intel-based PCs.
UAE operator Etisalat has teamed up with MasterCard Worldwide to launch cashless mobile payments programme in the country. The system uses Near Field Communication (NFC) technology to authorise everyday transactions via a smartphone.
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Vendor The convergence of many different markets to deliver near-field communication (NFC) payments, and the complexity of these new commercial relationships, has created a barrier to widespread deployment, according to the Mobey Forum. The global, not-for-profit, financial industry-driven group claims that as NFC technology continues to gain momentum, businesses need to explore different implementation models, define the business case and roles that will meet their requirements and establish a clear go-to-market strategy with partners.
Sales of NFC-enabled devices are expected to accelerate from 2013 onwards, with the availability of a larger range of mobile NFC handsets and an improved contactless POS infrastructure, according to the latest report from Informa Telecoms & Media. Total NFC handset shipments are expected to grow from almost 44 million in 2011 to over 630 million in 2015, representing 40 per cent of all new handsets, up from 3.5 per cent at present.
eBay is launching a host of in-store payment processing services for retailers, via PayPal, over the coming months. The services do not rely on the use of near-field communications (NFC) or credit or debit cards.
Google’s entry in the mobile phone hardware market with the acquisition of Motorola Mobility seems to be the outcome of the company’s desire to acquire the 17,000+ patents that Motorola holds and compete more effectively with Apple and other smartphone/OS vendors. The acquisition will however, not only have an impact on the handset market but possibly will also have a big impact on the mobile services market. In particular, this may help Google to accelerate the growth of the m-commerce market.
Web giant Google has unveiled its plans for NFC mobile payments via the handset and promptly got itself into hot water. It’s PayPal that has taken issue with Google Wallet, and small wonder, given that the two people heading up the initiative used to work for the payments firm.
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 [...]
NTT DoCoMo has announced a deal with Twitter that will see the pair working on the development of location-based and other mobile services. According to DoCoMo, one of the envisioned services will “bring richer search results” to users through the use of Real-Time Tweets.
The European Payments Council (EPC) has released draft guidelines governing the use of Near Field Communications (NFC) technology for mobile payments. The Council, which represents the European banking industry, has also called for stakeholder submissions on the subject, with the deadline for feedback on June 17th this year.
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