Mobile payments solution is getting ready for takeoff

Isis Mobile Payment Platform

This program, like all of the rest of the NFC technology based systems, have been slow to be adopted. Mobile payments providers are clearly becoming frustrated with the slow uptake among consumers and many – including Isis – are coming up with new solutions to help to boost their appeal even when it involves adopting new technologies. Isis is now getting ready to roll out the latest version of its own solution, by the end of the year. As we reported from Money 2020, there are a number of new…

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MasterCard mobile payments technology “Blend” maybe a winner!

Mastercard qr codes mobile commerce

The 2013 Money2020 event showed a step away from an exclusive focus on NFC technology. Though Las Vegas is alive and hyped at any given time, the Money2020 event, this year, created even more of a stir as news of the focus of mobile payments giants, such as MasterCard and PayPal, on the use of QR codes has turned tech predictions on their heads. Ed McLaughlin from MasterCard was in attendance and revealed a number of insights. McLaughlin is the chief emerging payments officer at MasterCard and he explained that…

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Mobile payments and Google Wallet’s future explained at Money 2020

Mobile Payments - Peter Hazlehurst wearing Google Glass at Money 2020

Ariel Bardin and Peter Hazlehurst presented and described the massive and far reaching value of the mobile space. The Google Wallet presentation at Money 2020 in Las Vegas had attendees on the edge of their seats as Ariel Bardin, the vice president of Google payments, placed a tremendous spotlight on the future of the mobile payments service and on the importance of being in the mobile space. He used the example of the Google AdWords platform and the data delivered to companies. Bardin explained the idea that the AdWords platform…

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Mobile payments make up a third of the business at Braintree

Mobile Payments

The company has now revealed that it is experiencing massive growth in processing these transactions. According to the latest data that has been released by Braintree, it is now processing an annual $4 billion in transactions over mobile payments, which represents a tremendous third of the total annual processed transactions from the company, which is $12 billion. Braintree is racing along in terms of rapid scaling in order to beat out other platforms, such as Stripe. The total amount of mobile payments has managed to experience a quadrupling at Braintree…

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Mobile payments through biometrics could lead to billions in transactions

mobile technology news fingerprint biometrics security

According to some technology experts, the potential boost in security will make this shopping more appealing to consumers. One of the main issues that has held mobile payments from achieving its true potential has been a hesitation from consumers due to the fact that they are afraid that their personal and sensitive data will not be kept secure if they make a purchase through the use of their smartphones (either online or in a brick and mortar store). Now, a research consultancy thinks that as biometrics become more commonplace, so…

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