Archive | Mobile Payments

The Mainstream Adoption of Mobile Commerce is Apparent at SXSW

The Mainstream Adoption of Mobile Commerce is Apparent at SXSW14 300x187 The Mainstream Adoption of Mobile Commerce is Apparent at SXSWThe annual SXSW convention is fully underway here in Austin, Texas, and MMW has been on the lookout for any and all of the newest innovations in mobile that are being presented at the show.

At last year’s SXSW, LevelUp – a brand-new mobile payment provider – was first introduced. In fact, they were at every concession stand inside the Austin Convention Center, which is huge, and they were busy signing up attendees left and right as they waited in line. This year, however, mobile payments – at least at concession areas during registration – weren’t very buzz-worthy. In fact, they kind of felt like old news.

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Posted in Announcements, Mobile Devices, Mobile Payments, News, Platforms, Resources, Smartphones, Technology0 Comments

Sizing Up the Mobile Wallet Landscape

Sizing Up the Mobile Wallet Landscape Sizing Up the Mobile Wallet LandscapeAlthough the mobile wallet industry isn’t growing as fast as some expected, the interest in new forms of digital payments is certainly there. That’s according to a new report from Yankee Group published this week.

Despite the fact that the U.S. mobile payment landscape is currently in a state of flux, two-thirds of consumers are interested in learning more about transitioning to a mobile wallet platform.

Unfortunately, that interest is “simply not translating into adoption.”

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Why Mobile Marketers Shouldn’t Take Their Focus Off of NFC

Why Mobile Marketers Shouldnt Take Their Focus Off of NFC 300x168 Why Mobile Marketers Shouldnt Take Their Focus Off of NFCWith mobile marketing and mobile payments expected to develop a beautiful and prolific relationship in years to come, it’s never too early for mobile marketers to begin considering how the rapidly evolving mobile payments industry may soon give way to new opportunities to reach consumers on the go and promptly convert their attention into sales.

According to the latest industry projections from IHS Technology, global shipments of cellphones equipped with Near Field Communication (NFC) technology will surge by more than a factor of four from 2013 to 2018, reaching 1.2 billion units.

Last year sounded the starting gun for the fast growth of the market, with worldwide shipments of NFC-enabled cellphones climbing to 275 million units in 2013, up 128 percent from 120 million in 2012.

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Posted in Marketing Strategy, Mobile Marketing, Mobile Payments, Near Field Communication, NFC, Technology1 Comment

Visa Raises The Stakes in Mobile Payments

Visa Raises The Stakes in Mobile Payments 300x164 Visa Raises The Stakes in Mobile PaymentsEarning its fair share of media attention even amidst intense competition for the spotlight at Mobile World Congress this week, Visa has just announced it is offering clients new options to deploy mobile payment programs.

Among the offerings, we’re told, is an option to host Visa payWave-enabled accounts in a secure, virtual cloud.

Visa says its latest move expands the payment provider’s support for mobile payments globally and will give financial institutions greater choice in offering consumers “secure ways to pay with smartphones.”

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Posted in Android, Announcements, Marketing Strategy, Mobile Apps, Mobile Commerce, Mobile Devices, Mobile Payments, News, Platforms, Smartphones, Technology0 Comments

MWC Highlights Growing Acceptance of Mobile Payments

MWC highlights growing acceptance of mobile payments 300x300 MWC Highlights Growing Acceptance of Mobile PaymentsOn Monday, as Mobile World Congress 2014 kicked off in Barcelona, the popularity and prevalence of mobile payments have been more apparent.

“Many hurdles have stifled the adoption of mobile payments in the U.S. and elsewhere, not least of which is getting consumers to change their purchasing behavior,” USA Today reports. “But MasterCard says consumer and merchant sentiment toward mobile payments is improving.”

The global payments and technology company is basing that assertion on the results of the second annual MasterCard Mobile Payments Study… According to the report, merchants carry an 88 percent positive rating toward the practice, with many touting mobile acceptance by consumers as a competitive advantage.

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Dunkin’ Donuts: Time to Make The… Mobile Payments?

Dunkin Donuts Time to Make The... Mobile Payments Dunkin Donuts: Time to Make The... Mobile Payments?Dunkin’ Donuts is ramping up its mobile strategy. This week, the company launched its DD Perks Rewards program, offering guests nationwide points toward free Dunkin’ Donuts beverages for every visit they make at participating Dunkin’ Donuts locations.

By early February, the DD Perks program will be fully integrated into the Dunkin’ Mobile App for mobile payment.

Getting your morning caffeine and sweets all from a mobile platform is proving a big hit for busy commuters swinging by the venerable doughnut establishment morning, noon, and night.

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

Mobile Payments: January’s Top Stories

Mobile Payments Januarys Top Stories 300x295 Mobile Payments: Januarys Top StoriesBelow are some of the top stories in mobile payments we’ve been tracking during the month of January.

Amazon is looking at getting into the mobile POS business, by possibly providing brick-and-mortar retailers with in-store checkout systems based on Kindle tablets. Details are sketchy and few, but the report points to the fact that the online giant recently hired some key engineers away from mobile checkout firm GoPago, as well as some key acquisitions made in the past year.

On Thursday, Examiner learned that leading mobile payment solutions provider PayAnywhere has partnered with residential and commercial repair, maintenance, improvement and renovation experts Mr. Handyman, International.

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