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To ‘Pay’ or not to ‘Pay’? The choice around mobile payment
People don’t use their mobile phones to make telephone calls nearly as much as they used to. They are using them to surf the internet, send instant messages, even wake them up in the mornings. The relentless wave of mobile-inspired innovation is continuing and now includes mobile payment. Issuing banks often ask me about the [...]
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Apple loses further ground in battle to open NFC app to 3rd parties
Moving beyond the now well document spat in Australia, a group of South Korean companies have taken take action against Apple to push the technology provider into opening up the NFC application within its iPhone handsets. Recently, Australian banks have teamed up to collectively negotiate with Apple to install their own electronic payments applications on [...]
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Apple Pay could lose leverage in US from Australian bank fall out
There has been much written about the Australian banks pushing Apple Pay to loosen its grip on the technology that enables mobile payments. The result could bode well for US banks as they look to re-up agreements with Apple. Apple has maintained tight control over Apple Pay since its October 2014 launch, forcing participating US [...]
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Live @ MWC: Global mobile proximity payment users to surpass 1 billion by 2019
Mobile proximity payments are the smallest, but fastest growing segment for mobile payments, according to global analyst firm Ovum. Ovum’s new m-payments forecast* shows that the total global user base for mobile payment segments will increase from an estimated 689.99 million users in 2014 to 4.77 billion users in 2019. This forecast also includes m-commerce [...]
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Live @ MWC: PayPal to launch NFC
PayPal has announced a change to its plans regarding NFC with two initiatives – an upgrade to its app that will support the technology and an alliance with Vodafone for contactless payments. Customers in the US and Australia will be able to make NFC-based payments using the PayPal app on their smartphones, starting in Q2 2016. In addition, [...]
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