Consumer electronics giant Samsung is ready to combat Apple head-on in the fast-growing mobile payments market.
Ahead of the weekend, the South Korean tech behemoth said that Samsung Pay, “a secure and easy-to-use mobile payment service that can be used to make purchases nearly everywhere cards are accepted,” will launch this week in Korea and next month in several new global markets, including the U.S.
On September 28, Samsung will launch the service in the U.K., Spain and China.
Posted in Mobile Payments
This week, Apple made it clear (as if it wasn’t already clear) that NFC technology is a high priority for the company both now and in the future.
On Wednesday, news emerged that Apple has now joined the NFC Forum as a “sponsor member.”
“The top tier of NFC Forum membership, sponsor membership, entitles an organization to a seat on the NFC Forum board of directors, the association’s governing body,” NFC Forum director Paula Hunter said in a statement. “We are delighted to welcome Apple to our board of directors as an NFC Forum sponsor member.”
Posted in Marketing Strategy, Mobile Advertising, Mobile Commerce, Mobile Payments
American Express on Monday announced that it is the first major Corporate Card portfolio activated for Apple Pay.
What does that mean? This development allows Card Members to pay on the go with compatible Apple devices.
As of this writing, the mobile payment option is available for eligible U.S. Corporate Cards.
Posted in Announcements, Mobile Devices, Mobile Payments, News, Platforms
Cachet Financial Solutions, a provider of cloud-based SaaS (Software as a Service) mobile money technologies, has a new offering about which MMW was briefed on Tuesday.
The company is moving ahead with a so-called “express” version of its Select Mobile Deposit.
The end result, we’re told, will be the ability to provide smaller banks and credit unions across the U.S. with “an affordable, market-ready mobile deposit solution to offer their customers and members.”
Posted in Announcements, Mobile Payments, News, Platforms, Technology
MMW learned straight from the RSPA RetailNOW conference this week that Ingenico Group, a payment solutions provider, announced that its Telium Semi-Integrated (TSI) payment solution provides an easy path for point-of-sale (POS) providers and other ISVs/VARs to start enabling EMV payments.
According to a provided statement, Ingenico Group has been working with partners for “years” on Semi-Integrated offerings, and has used that expertise to “create a flexible integration toolkit to simplify the process of developing these solutions.”
Semi-Integrated payment solutions limit communications between the PINpad and POS system to non-sensitive exchanges, preventing card data from entering the POS – instead, it is encrypted and routed directly from Ingenico Group’s smart terminal to the merchant’s card processor or gateway.
Posted in Announcements, Mobile Commerce, Mobile Payments, News, Platforms
Imagine returning home from your favorite coffee shop only to discover that your wallet is missing. Now what do you do? You have to cancel all of your credit cards and protect your personal information to prevent theft.
Now imagine that the same thing happens, but it’s your cell phone. It can be much more challenging for the thief in question because whoever gets your phone needs to have your exact fingerprints and know your pin numbers.
So which of these two scenarios makes you feel safer?
Posted in Mobile Advertising, Mobile Commerce, Mobile Payments
The following is guest contributed post by Deidre Bakker-Riches, owner of a boutique marketing firm and consultancy, Twlv31 Marketing, and the Head of Communications for Las Vegas advertising agency, Up All Day Creative Solutions (originally published by Mobile Leaders Alliance).
We’ve all been there — you go to a store, gas station or restaurant to discover they only accept certain types of credit cards, or even worse, only cash. Incredibly frustrating! But nowadays, our world has fortunately evolved to accommodate our never-ending digital needs and the yearning to eliminate an unnecessarily thick and bulky wallet. This is where mobile apps have once again proven themselves to be increasingly valuable while working with something most us always carry around, our smartphones.
Posted in Announcements, Mobile Payments, News, Opinion, Platforms, Smartphones, Technology