Mobile Commerce Replaces Wallet

commerce (m-commerce) is basically an extension of e-commerce on the which enables consumers to make payments for goods and services directly from their phones. This gives the consumer the benefit of making payments from anywhere without the hassle of physically being present at a store, standing in a line or turning on a PC to transact online.

m-commerce replaces wallet
An m-commerce consumer has the flexibility to use the as a replacement to a wallet and make payments at a physical location, online or even remotely. Users can buy movie and flight tickets, pay utility bills, recharge their prepaid balances, book hotels and cars, send gift vouchers and even donate to charity directly from their phones thereby eliminating the process of using credit cards for online shopping, thus making the transaction far more secure.
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Motorola Redefines Mobility for Retailers with Next Evolution of Enterprise Solutions

Motorola, Inc. has broadened its enterprise mobility portfolio to better enable retailers to streamline operations, increase sales, improve customer loyalty and gain competitive advantage. With new computing, voice and RFID solutions, Motorola is empowering store associates with access to better information to make better decisions – ultimately transforming the customer experience.

“Motorola is committed to delivering the future of retail today by helping retailers forge new connections with customers,” said Frank Riso, senior director of retail, Motorola Enterprise Mobility Solutions. “With our diverse portfolio of enterprise solutions, Motorola enables retail associates to work smarter, improve productivity, stay connected and give customers the shopping experience they want.”

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Donations Via Mobile Phone See Massive Growth, Single Touch Now Powers a New Way to Donate to Charities

Donations Via See Massive Growth, Single Touch Now Powers a New Way to Donate to Charities – Following the disaster in Haiti, donation programs are seeing a dramatic increase in usage. Donations via text message continue to be popular and now donations via voice calls to Dialing Codes (MDCs) are seeing tremendous growth due to their ease of use and convenience. Single Touch Systems (OTC Bulletin Board: SITO) provides the platform for giving via Charity Call™, where AT&T subscribers dial #505 and select a charity or cause of their choice and simply make a one-time donation of $25.  Callers can select the cause ‘International Humanitarian Relief’ to make a donation.

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Obopay Introduces New iPhone Application

Obopay Introduces New iPhone Application – Now Sending Money and Staying Connected to Family is Easier Than Ever – Obopay announced that its Obopay Payments application for the iPhone will be available from the Apple App Store beginning today. The free download will enable iPhone users to send money to friends and family more quickly and easier than ever with Obopay’s application.

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Fortumo Mobile Payments Launches in Russia

Fortumo Payments Start Covering The Whole East- Service Launched in Russia – Fortumo.com the leading Provider for SME-s in Eastern Europe and Asia announced today its expansion to Russia. According to the company, Fortumo is planning to cover all the major Ex Soviet Union countries soon. Ukraine and Belarus will be made available shortly after New Years Eve.

“Easter European and Ex Soviet Union countries are still difficult to access for most of the western internet companies “, – says CEO Fortumo Martin Koppel. “Fortumo sees itself as a gateway, which helps those companies monetize their user base in region without risks and costs”, – adds Koppel.

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VeriFone Announces PAYware Mobile iPhone Payments Solution

VeriFone Holdings, Inc., (NYSE: PAY) today announced PAYware , a complete solution for the Apple iPhone that provides small businesses with simple and secure card processing capabilities on the popular smartphone platform.

VeriFone’s solution for the iPhone (www.paywaremobile.com) puts mainstream processing capabilities in the hands of small business merchants who need a card acceptance solution for enterprises such as home repair, small cafes, door-to-door sales, or virtually any other type of business. The hardware and software solution will begin shipping January 15 and is available free to those who sign up for a PAYware secure gateway service agreement.

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Jack Dorsey’s Square In Action

Twitter creator Jack Dorsey talks about his new project, Square, and we see it in action
Square – Twitter co-founder Jack Dorsey presents new way to accept payments – a hardware software combination for devices that allows vendors to easily accept and process credit card payments

MasterCard Canada Brings PayPass(TM) Payments to BlackBerry Smartphones

BMO Bank of Montreal and Research In Motion, MasterCard Canada is bringing payments to BlackBerry smartphones through its MasterCard(R) PayPass(TM) ‘tap and go’ contactless technology. The four-month trial brings contactless payments via devices a step closer to Canadians.

In this trial, participants will use PayPass(TM) Tag-equipped BlackBerry smartphones to make secure purchases at any of the 8,500 merchant locations in Canada that accept MasterCard PayPass.

For the first time, the will integrate with the device, with a confirmation email of each transaction sent to the BlackBerry smartphone, including purchase details such as the amount, retailer and date of transaction.

How it Works

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China Unicom links with China Unionpay on mobile payments

China United Network Communications Co. Ltd. (China Unicom) has entered a strategic partnership with China’s sole service network, China Unionpay Co. Ltd. to develop services, according to a Nov. 29 joint announcement.

Under the deal, China Unicom subscribers will be able to use China Unionpay to make payments and transfer money among participating banks. The two parties will cooperate on the exploration of value-added services such as e-commerce applications and security services.

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GoPayforit Launches Mobile Payments Service in the UK

GoPayforit launched its new payments service to enable bloggers and content owners to more easily sell content online – by using GoPayforit, lower priced content can now be purchased by consumers in an easier, more manageable and less time-consuming way.

GoPayforit allows bloggers and content owners to set up a service for their site by inserting one simple line of code. Once established, this enables consumers to debit money directly from their bill (PAYG or contract) in order to make payments. UK operators provide support for GoPayforit as a secure transaction platform as it is based on the tried and tested Payforit platform

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