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By This email address is being protected from spambots. You need JavaScript enabled to view it. • nfcworld.com • 12 April 2013, 11:52 • Last updated 12 April 2013, 11:53
The New York City Department of Transportation is to pilot test PayByPhone's mobile payments system, which is already live in San Francisco, Miami, London and Vancouver, in an 18 block area of the Belmont Business Improvement District in the Bronx.
By This email address is being protected from spambots. You need JavaScript enabled to view it. • nfcworld.com • 12 April 2013, 11:52 • Last updated 12 April 2013, 11:53
The New York City Department of Transportation is to pilot test PayByPhone's mobile payments system, which is already live in San Francisco, Miami, London and Vancouver, in an 18 block area of the Belmont Business Improvement District in the Bronx.
Vodafone plans to bring the M-Pesa mobile payments technology to Myanmar if it wins a bid to operate a mobile network in the South East Asian country.
As it opens up to the outside world after years of isolation, Myanmar recently invited telcos to bid for two mobile telecommunications licences in a country where the handset penetration is below 10%.
RFID reader manufacturer SkyeTek has launched its first NFC product. The Gemini NFC and Mifare reader module is a "low-cost and ultra-low power reader/writer module" aimed at the access control, brand loyalty and mobile wallet markets.
RFID reader manufacturer SkyeTek has launched its first NFC product. The Gemini NFC and Mifare reader module is a "low-cost and ultra-low power reader/writer module" aimed at the access control, brand loyalty and mobile wallet markets.
As it bids to boost its 123 million-strong user base, PayPal has acquired Iron Pearl, a start up specialising in customer acquisition and engagement. Financial terms of the deal were not disclosed.
The eBay unit hopes to tap into this technology and expertise to accelerate its growth, which is already at record levels, with five million new users signing up in the last three months of 2012.
In a paper SEPA looks wonderful, but implementation is lacking. Just in my own experience I run in to difficulty few weeks ago, because SEPA could not deliver the promise. I paid a bill from my belgian online bank to Finland. As in Finland, companies require reference codes for automatic payment settlements. That is good and saves a lot of time/money at the company side. Problem was that when I do SEPA payment from my belgian account, it has a field for reference code, but it is domestic. Now I mean domestic in a sense where payment goes inside Belgium, not whole SEPA region.
So I added my finnish reference code to free text field. Put this makes more manual labor on the recievers side. So I got unpaid bill message from finnish company and then I had to send receipt to confirm my payment.
By This email address is being protected from spambots. You need JavaScript enabled to view it. • nfcworld.com • 11 April 2013, 17:01 • Last updated 11 April 2013, 17:01
By This email address is being protected from spambots. You need JavaScript enabled to view it. • nfcworld.com • 11 April 2013, 17:01 • Last updated 11 April 2013, 17:01
Seqr does not require merchants to install new hardware and promises to cut transaction fees in half by bypassing the traditional payments networks. McDonald's, Axfood and Kjell & Company have already adopted the system in Sweden.
SEQR: Will support NFC from May
Seqr does not require merchants to install new hardware and promises to cut transaction fees in half by bypassing the traditional payments networks. McDonald's, Axfood and Kjell & Company have already adopted the system in Sweden.
SEQR: Will support NFC from May
Electronics giant LG has struck a deal to integrate PayPal into its Smart TV platform, enabling viewers to pay for products and services through their remotes.
The integration means that couch potatoes in the US, UK and Canada can use their PayPal account, rather than credit card, to purchase on-demand content from their sofas.
By This email address is being protected from spambots. You need JavaScript enabled to view it. • nfcworld.com • 11 April 2013, 12:02 • Last updated 11 April 2013, 12:03
By This email address is being protected from spambots. You need JavaScript enabled to view it. • nfcworld.com • 11 April 2013, 12:02 • Last updated 11 April 2013, 12:03
The massive fall in the value of Bitcoin yesterday was not due to a DDoS attack, but to a rash of new traders overwhelming systems as they rushed to get a slice of the virtual currency pie, insists exchange MT. Gox.
Just two months ago one bitcoin was worth around $20 but the virtual currency has since seen its value soar, yesterday breaking the $260 mark.
Germany-based Giesecke & Devrient is cutting 400 jobs in its mobile security unit, with all the cuts planned for Europe.
The company, the No. 3 smart card vendor worldwide and also a major producer of banknotes, saw its net income decrease for at least the fourth straight year in 2012 to €39 million (US$51.5 million). It was €111 million in 2008.
Germany-based Giesecke & Devrient is cutting 400 jobs in its mobile security unit, with all the cuts planned for Europe.
The company, the No. 3 smart card vendor worldwide and also a major producer of banknotes, saw its net income decrease for at least the fourth straight year in 2012 to €39 million (US$51.5 million). It was €111 million in 2008.
I find myself at the forefront of many debates these days. And I’m not talking about politics, but rather how we will pay for products or services in the future.
A year ago, the topic of mobile payments circulated as mild Internet banter in terms of how money is exchanged across sources, rails and platforms. Today, this complex subject makes its way into daily conversations.
"We have found that the NFC tags are more popular than the QR codes because they are very simple to use," upmarket fashion retailer Vic has told NFC World. "It is definitely something we hope to keep in our store going forward into the future; it is our way of connecting our online and offline worlds."
VIC: Window display invites customers to try NFC
