Vodafone is rolling out its Near Feld Communications-based mobile wallet service in Europe, and said this is the first European mobile payment service to be based on the open-standard GlobalPayment platform.
Just a few days after its nationwide launch, the Isis mobile payment venture is receiving relatively sour reviews from Android smartphone users.
Isis--the mobile payments joint venture from AT&T Mobility, Verizon Wireless and T-Mobile US--finally rolled out nationwide, offering a new way for millions of customers to pay for goods and services via their mobile phones.
Orange France teamed up with Visa Europe to launch a prepaid near-field communication (NFC) service for smartphone users across France in 2014.
A top executive from Isis--the mobile payments joint venture from AT&T Mobility, Verizon Wireless and T-Mobile US--told the audience here at the MobileCon 2013 trade show that he believes mobile commerce could one day replace credit cards, but it will take a number of years for that transition to occur.
Isis--the mobile payments joint venture among AT&T Mobility, Verizon Wireless and T-Mobile US--will launch nationwide within the next few weeks with a redesigned app. The company's NFC-based services will work across most new Android phones, and Isis plans to support the iPhone via an NFC-capable case (and related iOS app) that it will release in the next few months. However, expectations are decidedly low for the joint venture.
Financial services institutions must gain a better understanding of the mobile payments market as latest research indicates there is still confusion about how to proceed in the mobile payments space, according to research firm Ovum.
América Móvil's U.S. MVNO TracFone Wireless recently launched its new "Trac 'N' Save" digital coupon and wallet program, which the company said provides "the best deals, discounts and promotions from trusted partners" to its roughly 23 million customers.
Telefónica is teaming up with Spanish banks CaixaBank and Santander to create a joint venture to develop new digital businesses in mobile banking, with a focus on the creation of a mobile wallet and person-to-person mobile payments.
It is March 2013, and we are nowhere near where we thought we would be with mobile payments in North America. There's huge velocity in the area, be it investments by major players, committed VC dollars, conferences, analyst reports, and so on. But mobile payments have impacted relatively few consumers' lives to this point.