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Many ISOs still are not offering mobile payment options in their products and services, according to vendors.  In many instances, ISOs are delaying mobile payment deployments due to a lack of awareness, while agents are having difficulty fulfilling merchants’ demands and are impatient for their ISOs to catch up. Industry observers say ISOs and agents [...]

The post PaidPiper developing mobile payment system for MasterCard appeared first on Payments Cards & Mobile.

Sprint plans to launch an NFC wallet called Touch as soon as this summer, which is a blow against Google, as Sprint has been the distributor of Google’s digital wallet.  A source at Sprint reports that Touch offers a legitimate alternative to the the Isis wallet, while Sprint also plans to open the wallet application [...]

The post Sprint plans to launch NFC mobile wallet appeared first on Payments Cards & Mobile.

Google has announced several changes to Google Wallet, including support for recurring subscription payments and automatically assigning the lower of two fees for processing payments. Google’s Pali Baht says support for subscriptions had been the most requested feature for Google’s digital wallet app. The feature will enable developers to support users in purchasing in-game currencies [...]

The post Google makes changes to wallet pricing appeared first on Payments Cards & Mobile.

Global business-to-consumer e-commerce sales will exceed $1.25 trillion by 2013, predicts an Interactive Media in Retail Group (IMRG) study.  Business-to-consumer e-commerce sales in 2011 increased to $961 billion, an increase of nearly 20% from a year earlier, the study estimates. The United States remains the single largest e-commerce market worldwide, followed by the United Kingdom [...]

The post Global e-commerce sales will top $1.25 trillion by 2013 appeared first on Payments Cards & Mobile.

With the legally-binding SEPA (Single Euro Payments Area) implementation deadline now set as February 1, 2014, SunGard and Sentenial have identified ten IT trends that can help corporate treasurers understand the impact of SEPA and how a comprehensive solution can help them reduce banking fees, lower processing costs, and increase automation. “We expect to see [...]

The post Ten IT Trends created by the approaching SEPA deadline appeared first on Payments Cards & Mobile.