Latest Industry News RSS

E-Commerce -

The ‘Pegasus’ PayPass trial in Strasbourg has been extended. It was originally announced in November 2006 and saw MasterCard supporting a seven company-strong consortium, including Groupe Crédit Mutuel, CIC and NRJ Mobile along with handset and terminal manufacturer Sagem Monetel, to enable 200 residents to make contactless payments via mobile phones at 50 retailers in [...]

The post Pegasus begins to fly appeared first on Payments Cards & Mobile.

Read more

E-Commerce -

Catalogue and high street retailer Next is currently looking at developing a mobile wallet system to enable customers to make payments to their Next accounts using mobile phones, according to Barry Sabin, telecoms manager for Next. At present, approximately one-third of account payments are made using Next’s website, one-third using an automated free phone number [...]

The post Next plans mobile payments appeared first on Payments Cards & Mobile.

Read more

E-Commerce -

Monitise, Metavante and Carphone Warehouse are launching a mobile money scheme – a prepaid card, managed directly from the mobile phone, which can be used to shop in millions of outlets worldwide. Using a secure application stored on the mobile handset, customers will be able to ‘top-up’ their card directly from their bank account while [...]

The post New type of mobile prepay appeared first on Payments Cards & Mobile.

Read more

E-Commerce -

JupiterResearch has found a growing segment of consumers, as much as 30%, is interested in receiving coupons on their phones, although at 1%, adoption currently remains low. During the next year, more advertisers are expected to tap this interest using mobile coupons or promotions, although anticipated growth will remain in single digits. In order to [...]

The post JupiterResearch finds more mobile coupon deployment appeared first on Payments Cards & Mobile.

Read more

E-Commerce -

A new report released by Javelin Strategy & Research takes a look at mobile person-to-person (P2P) payments and transfers, an emerging m-banking service, and its inevitable shift into mainstream banking practices. The report outlines target consumer segments, obstacles and drivers for product adoption, and detailed case studies of three creative mobile P2P payment models from [...]

The post New research finds demand for mobile P2P payment, but only one in ten willing to adopt appeared first on Payments Cards & Mobile.

Read more