Mobile News

Details: Category: Mobile News; 17 February 2019

Feb. 16, 2019

First Data is putting its mobile payments technology to the test by launching a cashless pilot study with the Girl Scouts of Greater Atlanta Inc. to sell their iconic cookies using Clover point-of-sale terminals.

First Data will provide Clover terminals to about 400 girl scouts in the Greater Atlanta area to sell the cookies using Apple Pay, Google Pay, Samsung Pay or credit and debit cards. Clover is a leading POS terminal used by more than a million merchants nationwide, allowing multiple forms of digital payment options.

"The Girl Scouts have been huge advocates of preparing our girls for leadership in the tech space," Jessica Manning, a spokesperson for the GirlScouts of Greater Atlanta told Mobile Payments today in a telephone interview.

The Girl Scouts in 2015 launched a nationwide "Digital Cookie" program that allowed individual scouts to use personal websites to sell cookies to friends and family. The Digital Cookie program represented about 12 percent of overall sales in the Greater Atlanta area and the local region ranked third nationwide in Digital Cookie sales and ranked first in the southeastern U.S.

Manning said the new program would use terminals set up in fixed cookie booth locations, including supermarkets and other locations. Cookie booth locations can be found by searching the www.showmethecookies.com website.

The Girl Scouts geographic area covers 13 counties surrounding Atlanta going north to Polk County in Tennessee.

First Data was just acquired last month by Fiserv in a $22 billion deal. The two companies, pending regulatory approval, will merge with Firserv CEO Jeffrey Yabuki and First Data CEO Frank Bisignano taking the top two executive positions, with Yabuki becoming chairman and CEO, while Bignano becomes president and COO of the combined firm.

Topics: Mobile Apps, Mobile Payments, POS, Transaction Processing

Companies: First Data

Latest Content

Original link

Details: Category: Mobile News; 15 February 2019

Sponsored by:

John Santos Impact Story: International money transfers made easy

Publication Type:
Case Study

Published / Updated:
Feb. 15, 2019

Around the world, the Telepin platform is making cash a thing of the past. Our platform lets customers add new functionality and services to keep pace with the mobile digital economy demand, industry trends, and the growing financial needs of mobile users. Telepin’s customer base includes successful deployments with tier-one mobile and telecommunications operators in the Middle East, Africa, and the Americas. With more than 256 million subscribers and more than a million merchants, Telepin has securely processed more than 10 billion transactions— a number that grows daily.

Telepin works with companies around the world to assess platforms, customize workflows, and execute on revenue goals – building their businesses. But what is the impact of an efficient and robust mobile money platform to the end user? Read our impact stories below to find out how access to new and convenient services has changed everyday lives.

Mobile money changes the game for Filipinos living abroad: Read a real-world example of how, through mobile banking, international transfers has been easy, fast, and reliable.

Telepin Software

Who needs a bank when you have a phone? Telepin provides mobile payment solutions that fit the needs of mobile operators and their customers.

Visit Company Showcase »

Original link

Details: Category: Mobile News; 15 February 2019

Already registered? Login Now

*

CountryUnited StatesAfghanistanÅland IslandsAlbaniaAlgeriaAmerican SamoaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBoliviaBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos (Keeling) IslandsColombiaComorosCongoCongo (the Democratic Republic of the)Cook IslandsCosta RicaCôte d'IvoireCroatiaCubaCuraçaoCyprusCzechiaDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFalkland Islands [Malvinas]Faroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuamGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and McDonald IslandsHoly SeeHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMacaoMacedoniaMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMartiniqueMauritaniaMauritiusMayotteMexicoMicronesia (Federated States of)MoldovaMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorth KoreaNorthern Mariana IslandsNorwayOmanPakistanPalauPalestine, State ofPanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalPuerto RicoQatarRéunionRomaniaRussiaRwandaSaint BarthélemySaint Helena, Ascension and Tristan da CunhaSaint Kitts and NevisSaint LuciaSaint Martin (French part)Saint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint Maarten (Dutch part)SlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and the South Sandwich IslandsSouth KoreaSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan MayenSwazilandSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited States Minor Outlying IslandsUnited States of AmericaUruguayUzbekistanVanuatuVenezuelaVietnamVirgin Islands (British)Virgin Islands (U.S.)Wallis and FutunaWestern SaharaYemenZambiaZimbabwe

By clicking the button above, you agree to our Terms of Service and Privacy Policy and to allow your personal information to be shared with the sponsor of this content. Your information will NOT be shared with anyone else.

Original link

Details: Category: Mobile News; 15 February 2019

Feb. 15, 2019

European Union officials have voted to approve a long-sought plan to lower charges for cross-border payments made within the eurozone.

The measure — approved in a plenary vote of 522 to 22 — will require banks to charge equally for cross-border euro payments between EU countries that are in the eurozone and those that are not. Additionally, banks will be required to make currency conversion costs transparent, according to the announcement.

By the end of the year, charges for cross border payments in euros must be in line with charges for payments made inside a country using the local currency. Member states also will be free to require banks to apply the same charges for cross-border and domestic non-euro payments.

"One hundred and fifty million EU citizens and six million businesses living and operating in countries outside the eurozone have been paying much higher charges for transferring euro than their eurozone counterparts," EU Rapporteur Eva Maydel said in the announcement. "This will no longer be the case and all Europeans will pay significantly lower charges, which will save them more than 1 billion euro annually. This is the second small EU revolution after the abolition of roaming fees."

Officials said the new rules will protect consumers from arbitrary charges required for currency conversions. Consumers will now be informed of the charges to be paid in the local currency and in the currency of their account. The charges will be disclosed in a common way whether using an ATM or point of sale terminal.

Consumers will get a text message, email or notification through the payer’s mobile or web banking application about the currency charges, according to the announcement.

James Booth, head of new business development at U.K.-based payment provider PPRO, told Mobile Payments Today that the vote represents a clear shift towards a more open and transparent banking system.

"Services such as transferWise, Xoom, Ofx, etc., in recent years helped apply pressure on banking institutions via increased competition and transparent fee structures and this is beginning to affect the overall cross-border payments landscape," he wrote in an email. "In turn the EU is now reducing transfer costs and increasing transparency for end users. Consumers have been benefiting from new fintech disrupting the banking and financial sector for several years now, but this has been one of the first major overhauls on an EU parliament level and another step in the right direction for fintechs in the EU."

Topics: Mobile Banking, Mobile Payments, Money Transfer / P2P, Region: EMEA, Regulatory Issues

Latest Content

Original link

Menu

First Data to pilot cashless Girl Scout cookie sales using Clover

Related Content

Latest Content

Cathy Rumints Impact Story: The Solar Mamas

John Santos Impact Story: International money transfers made easy

Digicel Case Study: Mobile wallet helps reach unbanked and underbanked customers

EU to equalize fees for cross-border payments, make currency conversions clear

Related Content

Latest Content

More Articles …