PayPal X Innovate 2010 Developers Conference

Posted by mobile news in mobile payment on Oct 28th, 2010 | No Comments

At its PayPal X Innovate 2010 developer conference today, PayPal unveiled “new technologies and partnerships that will allow people to change the way they pay – accessing their digital wallets from more devices to shop, browse and pay anytime, anywhere.” PayPal Announcements: PayPal Showcases the Future of Money at Its Innovate 2010 Conference PayPal and Developers Push into Mainstream PayPal Unveils New Solution for Digital Goods PayPal Teaming Up with USAA Bank for P2P Payments Partner Announcements: Discover to Leverage PayPal’s New Adaptive Payments APIs to Enable Cardmembers to Make P2P Payments PlaySpan Integrates PayPal X Into its…

More: continued here

Monitise Unveils Global Mobile Money Technology Platform

Posted by mobile news in mobile payment on Oct 16th, 2010 | No Comments

Monitise has announced its enhanced technology platform which “incorporates a range of banking and services to deliver fast, secure financial management by across the world. The platform enables financial institutions, networks, service providers, companies and processors to offer a wide variety of Money services in both developed and emerging markets.” The platform offers the following products: * Monitise Wallet – setting up a virtual wallet on a handset to enable payments and commerce for people without bank accounts, and managing the associated agent networks * Monitise Payments and…

More: continued here

Mobile Commerce Replaces Wallet

Posted by mobile news in mobile payment on Feb 23rd, 2010 | 1 Comment

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.
Read the rest of this entry »

MasterCard Launches MasterCard Mobile Payments Gateway to Spark Mobile Commerce Globally

Posted by mobile news in mobile payment on Nov 16th, 2009 | No Comments

MasterCard today announced the introduction of the MasterCard Payments Gateway, a payments processing platform that enables financial institutions and network operators to deliver end-to-end payments solutions through the MasterCard Worldwide Network.

Itau Unibanco and Redecard, along with network operator Vivo, will be the first to use the MasterCard Payments Gateway to deliver solutions to the banks’ customers in Brazil. The service will give consumers the ability to use their as a wallet and link their existing credit, debit or prepaid MasterCard or Maestro card accounts to their to fund -initiated payments.

Read the rest of this entry »