Digital payments
Digital payments
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Safaricom Ltd., the largest mobile operator in Kenya, is working with U.S.-based payments provider PayPal Inc. on a platform to enable consumers to pay school fees directly to institutions’ bank accounts using their mobile phones, the companies announced earlier this month.
January 24 -
After a year in testing, RDM Corp.’s smartphone check-imaging application Simply Deposit Mobile is now available for all merchants, RDM announced Jan. 20.
January 24 -
SoftBank Mobile Corp. will start a Near Field Communication payment pilot with smartphones powered by Android 2.2 operating system late this quarter, the Tokyo-based subsidiary of Japanese telecommunication operator SoftBank Corp. announced Jan.18.
January 21 -
Twitter co-founder Jack Dorsey has filed suit against a local college professor over the patent rights to Square, a credit card reader that can be attached to smartphones.
January 21 -
EBay Inc.’s PayPal Inc. unit in 2010 nearly tripled its eBay Mobile gross merchandise volume to $2 billion from the previous year, driven by strong holiday shopping, John Donahoe, eBay president and CEO, told analysts Jan. 19 during a conference call to discuss fourth-quarter earnings.
January 20 -
At first glance Xipwire Inc.'s mobile payments system seems obsolete next to competing services — its software isn't based on a sleek-looking digital wallet application on a smartphone and it doesn't rely on payment chips that turn mobile devices into tap-and-go credit cards.
January 20 -
Tanzania Posts Corp. and Vodacom Tanzania Ltd. have inked a mobile-banking agreement in which Vodacom will use the postal service’s network of branches as agents to support its M-Pesa funds-transfer service.
January 19 -
Acculynk Inc. has worked over the past two years to position its PaySecure product as the standard for Internet PIN-debit transactions. It now plans to bring the same payment technology to smartphones.
January 19 -
Starbucks Corp.’s Grande-sized mobile payments trial has gone Venti.
January 19 -
Gemalto NV is participating in a Near Field Communication payment pilot in Japan that launches this quarter, the France-based technology provider announced Jan. 18.
January 19 -
At least 10 new clients adopted Mitek Systems Inc.’s mobile check-capture software last quarter, including three of the top 10 U.S. retail banks and a top-30 credit union, the San Diego-based vendor announced Jan 18.
January 19 -
Using mobile phones to track and redeem credit and debit card loyalty points soon may become key elements of loyalty marketing, according to Andrew Davidson, senior vice president at Mintel Comperemedia.
January 18 -
Merchant-level salespeople who use POS Portal Inc. as their point-of-sale equipment distributor now have a mobile-phone tool that enables them to check the availability and wholesale pricing of devices, POS Portal announced Jan. 4.
January 18 -
Discover Financial Services' execution of its long-expected "mobile wallet" will define its role in mobile commerce, a future where consumers make contactless payments with their cell phones and receive wireless deals as they enter stores. "Unlike existing mobile technologies that are transactional in nature, the mobile wallet truly facilitates mobile commerce," predicts Gloria Colgan, Discover's svp of emerging payments.
January 17 -
MasterCard Worldwide has hired an executive who has been integral in French wireless carrier Orange’s rollout of mobile-payment services, according to an online report by NFC Times.
January 14 -
Mobile-banking applications are plentiful and easily available, but new research suggests consumer awareness of them is low despite the buzz surrounding the service.
January 12 -
As payments executives debate which approach to mobile payments will win out, Bank of America Corp. is showing greater commitment to a system based on Visa Inc.’s specifications.
January 12 -
In a management shuffle announced Jan. 11, Obopay Inc. promoted its president to chief executive, and its previous CEO assumed the role of executive chairman.
January 12 -
Mobile payments startup Square Inc. has raised $27.5 million in venture capital, a spokesperson confirmed Jan. 11.
January 11 -
China Banking Corp. has launched in the Philippines a mobile version of its online-banking service customers may use to inquire about account balances, transfer funds and pay bills, the Manila-based bank announced Jan. 6.
January 11


