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MCX preps CurrentC mobile commerce network in US
US mobile commerce joint venture Merchant Customer Exchange (MCX), which is backed by several major US merchants, has unveiled its CurrentC mobile commerce payment network, with plans for a commercial launch in 2015. MCX was established in 2012 by major merchants including Target and Wal-Mart and is centred around a mobile wallet enabling consumers to [...]
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Isis rebrands as Softcard
Troubled US mobile wallet platform Isis is rebranding itself as Softcard, in an effort to distance itself from the Islamic militant group of the same name. In a statement on its website, the company said: “In a few weeks, Isis Wallet will become Softcard. It’s a different name for the same great way to pay.” [...]
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ANZ goMoney app reaches A$100bn in transactions
Australia’s ANZ Bank says that its goMoney mobile-to-mobile payments app has reached A$100 billion in transactions since its launch in late 2010. GoMoney enables users to send funds to anyone with an Australian bank account by entering the recipient’s mobile phone number. Customers can also pay bills, move money between their accounts and check their [...]
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mPOS player Payleven overhauls UK pricing model
European mPOS specialist Payleven is to drop its fixed pay-as-you-go transaction fees for UK customers that process more than £2,500 per month. A new tiered pricing model will see transaction fees start at 2.75% and drop to as little as 1.5% depending on how many transactions the merchant processes. A small business using Payleven, which [...]
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Alipay and Huawei team up for biometric mobile payments
China’s Alipay e-commerce platform has teamed up with handset manufacturer Huawei to develop a system enabling people make biometric mobile payments with their fingerprints. The system utilises the fingerprint reader of Huawei’s Mate 7 handset. Users of Alipay’s Wallet app will be able to confirm transactions with a fingerprint scan, eliminating the need for passwords. [...]
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