Wednesday , September 18, 2024

Mobile Commerce

Citi’s New York NFC Pilot First Open Test in U.S. Backed by Major Issuer

The latest U.S. trial of contactless payment involving mobile phones and near-field communication technology (NFC), set to begin Jan. 10 in New York City, will combine key elements of the two other U.S. pilots mounted so far, and represents the first in which users can access credit cards issued by …

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SMS Aside, Consumers Pan M-Commerce Data Plans on Price

Digital content like video, games, and music delivered as part of cell-phone subscriber plans may be getting plenty of attention these days, but it's turning out to be a harder sell than many mobile-commerce enthusiasts had thought. Some 72.5% of respondents in a survey of more than 2,500 U.S. wireless …

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Cingular-Backed M-Payments Service Could Boost Contactless Market

A mobile payments and banking service backed by Cingular Wireless and CheckFree Corp., announced this week, could pave the way to faster and more widespread adoption of contactless payments, its backers say. The service, which is being tested by an unnamed regional bank and is expected to launch in the …

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M-Commerce Execs Further Dim Prospects for Premium SMS

In another indication that the days may be numbered for premium short-message service (SMS) as the dominant mobile-commerce payment channel, some 65% of executives in the entertainment, media, mobile, and broadband industries surveyed at a recent conference agreed that payments handled as direct charges by operators' billing systems will be …

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MasterCard Starts Test in Dallas of NFC Payment With OTA Downloads

MasterCard Worldwide announced on Thursday the start of a contactless-payment pilot in Dallas using mobile phones enabled by near-field communication (NFC) technology. The pilot, which is expected to involve about 500 subscribers of 7-Eleven Inc.'s Speak Out Wireless service, is the second real-world test of NFC payment in the U.S. …

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Operator Deals, NFC Could Help Obopay Stand out in Crowded Field

Seeking to distinguish itself in a growing crowd of mobile-payment processors, Obopay Inc. saw its application go live this week on Amp'd Mobile Inc., a wireless network aimed at the youth market. This development follows by one week an agreement the Redwood City, Calif.-based startup struck with ViVOtech Inc. that …

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Yodlee Aims at Big Adoption for M-Banking, M-Payment Service

Yodlee Inc., which on Tuesday introduced a mobile version of its online-banking applications, expects the new product to attract between 5 million and 6 million users within the next three years, according to Aashir Shroff, senior product manager for Yodlee Mobile. The service, which allows banks to offer customers the …

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Content Sales Surge for Qpass As Games, Video Push up Tickets

Qpass Inc., whose software handles mobile-commerce transactions for wireless networks, processed almost $500 million in digital-content sales, up 50% over the like period in 2005, according to Amdocs Inc., Qpass's parent company. Transaction volume grew at an average quarterly rate of 12% in the period, Amdocs said. The St. Louis-based …

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No Single Strategy Will Unlock the Pint-Size Payments Market

Consumers spend up to $1.5 trillion a year using on small purchases using cash, depending on who's estimating, but converting so-called micropayments into electronics will be one of the payment card industry's tougher challenges. Experts contacted by this newsletter's sister publication Digital Transactions magazine for an upcoming story on micropayments …

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For Now, NFC Payment Hindered by Skeptical Carriers, Expert Says

Consumers who participated in a recently ended test in Atlanta of contactless payment on mobile phones may have warmed to the technology (Digital Transactions News, Sept. 8), but banks, transaction processors, independent sales organizations, and other players looking to cash in could now face a formidable hurdle: the wireless phone …

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Digital Transactions