Archive | Mobile Payments

Square Touts Major Mobile Payments Achievement

Square Touts Major Mobile Payments Achievement 300x282 Square Touts Major Mobile Payments AchievementOh, how far mobile payments have come.

The team at Square — the nation’s leading mobile payments platform — says its mobile money service has just reached a new milestone.

“Congratulations and thank you,” the company announced on its site. “Together, you just made $100,000,000 in sales in one day.”
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Posted in Announcements, Mobile Commerce, Mobile Payments, News, Platforms0 Comments

Juniper: mCommerce Transactions Gunning for 200B By 2019

Juniper mCommerce Transactions Gunning for 200B By 2019 300x300 Juniper: mCommerce Transactions Gunning for 200B By 2019A new report from Juniper Research indicates that mobile phone and tablet users will make 195 billion mobile commerce transactions annually by 2019.

Underscoring the remarkable growth anticipated over the next five years, this anticipated expansion represents a significant spike over the 72 billion mCommerce transactions expected this year.

According to the report, highest growth rates are expected in the NFC sector.

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Posted in Announcements, Marketing Strategy, Mobile Apps, Mobile Commerce, Mobile Payments, Mobile Shopping, Near Field Communication, News, NFC, Platforms, Predictions, Smartphones, Tablet Devices, Technology0 Comments

A Sweet New Apple for China

A Sweet new Apple for China 300x200 A Sweet New Apple for ChinaIf you thought the most common payment card in the world was Visa or MasterCard you’d be quite wrong. It’s the UnionPay card from China and, even after just a short 12 years, it already accounts for nearly 40% of the cards being used worldwide.

Go ahead. Wrap your head around that fact for a minute.

When you compare that to Visa at 24% and MasterCard at 18%, both pale in comparison, and you quickly realize exactly why Apple wants to be their partner in any way they can.

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Posted in iOS, Mobile Commerce, Mobile Payments, Mobile Retail, Mobile Shopping, Technology1 Comment

Digital Payments Helping Change Healthcare Around the World

Digital Payments Helping Change Healthcare Around the World 300x225 Digital Payments Helping Change Healthcare Around the WorldWhen aid goes to someone in need halfway around the world, how does one know if the payment truly got there? This is a concern to many not-for profit organizations providing aid worldwide. According to The Guardian, in the past public health schemes relied, “heavily on cash: to make payments for medical services, to pay health workers, to buy drugs at pharmacies. Yet it is becoming increasingly apparent that digital payments in rural, remote areas settings are quicker, easier, and safer.”

As the report notes, the chance of fraud taking place is significantly reduced merely by virtue of money being passed through fewer hands. Best of all, by cutting out all the middle-men, the cost of actually getting that money to where it is needed is simultaneously reduced.

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Posted in Marketing Strategy, mHealth, Mobile Payments, Technology0 Comments

Mobile Payments at the Forefront of Users’ Minds

Mobile Payments at the Forefront of Users’ Minds 300x168 Mobile Payments at the Forefront of Users’ MindsIf you were to stop someone on the street and ask them what aspect of mobile technology they were most interested in or thinking about, about a third of them would say mobile payments.

New data published by BizReport indicates that mobile payments are now at the forefront of mobile users’ minds.

With recent mobile pay technology released from Apple and the recent iCloud hacking, a huge portion of the populous is thinking seriously about how their devices can be used to make payments and whether or not it is safe to do so.

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Posted in Announcements, Mobile Devices, Mobile Payments, News, Platforms, Smartphones, Technology1 Comment

Mobile Parking Payment System Coming to Minneapolis

Mobile Parking Payment System Coming to Minneapolis 166x300 Mobile Parking Payment System Coming to MinneapolisPay-by-mobile parking meters may be coming to Minneapolis early in the New Year, according to the Star Tribune.

Several months ago the city requested proposals from companies willing to provide the service and the city staff have returned to recommend Parkmobile USA. Other companies who submitted bids include CALE, IQA, MobileNow, Pango, Passport, and Software for Good.

If approved by City Council, the technology would be made available in 2015, following a limited field test. The system is expected to have “minimal to no cost” according to the report.

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Posted in Announcements, Mobile Apps, Mobile Devices, Mobile Partners, Mobile Payments, News, Platforms, Technology0 Comments

Check Please… Via Mobile, That Is!

Check Please... Via Mobile That Is 300x201 Check Please... Via Mobile, That Is!While many fast food restaurants and coffee shops such as Starbucks either current offer or plan to soon offer the ability to pay for food and beverages with mobile devices, casual and formal sit-down restaurants have yet to make the move to mobile.

But that’s changing.

As more consumers globally continue to rely on mobile technology in their daily lives, the restaurant industry is finally taking notice and adjusting their payment practices accordingly.

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Posted in Mobile Devices, Mobile Payments, Platforms, Technology0 Comments