Isis Selects Gemalto for NFC and Mobile Payment Services

Gemalto has been selected by Isis to secure its mobile commerce platform through Gemalto’s Allynis Trusted Service Manager (TSM) solution. Isis, the mobile commerce joint venture between AT&T Mobility, T-Mobile USA and Verizon Wireless, will provide consumers and...

Western Union Provides Mobile Money to M-PESA Subscribers in Kenya

Western Union now provides services for consumers to send money directly to the mobile “wallets” of Safaricom M-PESA subscribers in Kenya from 45 countries and territories. According to the company, it’s the first service of its kind in the world. The expansion of the service to more than 80,000...

Western Union Partners with Etisalat to Provide International Mobile Money Transfers

Western Union and Etisalat Group, a mobile phone company in Asia, the Middle East and Africa, will introduce Western Union Mobile Money Transfer service in the 18 countries where Etisalat operates. Once agreements are signed between Western Union and Etisalat’s mobile network operators and the service...

How to Ensure Secure Smartphone Mobile Payments

Whether you’re a consumer, developer or investor delving into mobile payments technologies for personal or professional use, There are a number of important factors to consider when evaluating mobile payment technologies in the coming year. Here’s your cheat sheet for owning your mobile...

Montise Joins with Software Developer ViVOtech for Mobile Phone Payment Solutions for Banks

Monitise, a provider of mobile money solutions, has joined forces with near field communication (NFC) software developer ViVOtech, to deliver mobile phone payments services to banks across the United States. The partnership means customers of participating banks will be able to turn their handset into a...

Tyfone Receives Patent for Mobile Wallet Technology

Over the next two years, analysts forecast contactless payment transactions via MicroSD technology will be used by more than 20 million people in North America alone, at thousands of contactless payment terminals already in place. According to a Sept. 2009 forecast by Juniper Research, near-field...

Mobile Payment Service Provider Model

The four potential mobile payment models: Operator-Centric Model: The mobile operator acts independently to deploy mobile payment service. The operator could provide an independent mobile wallet from the user mobile account(airtime). A large deployment of the Operator-Centric Model is severely challenged...

Cimbal

Cimbal provides an electronic payment network that turns a smartphone into a replacement for cash, debit and credit cards and the interchange network needed to process them. Cimbal can be used for payments in stores, online and person to person—all in a consistent, simple user experience. From the consumer...

Using Your Phone as a Credit Card

Mobile payments – simply using your mobile to pay for something – is relatively new but already one of the fast growing alternative payment methods catching on in Europe and Asia.  Juniper Researchers estimate that mobile payments in the combined global market is forecast to reach over $600...