Tag: mobile payments technology

Mobile payments partnership formed between NCR and LevelUp

Jennifer Goula
Mobile Payments

The agreement will bring the technology to a larger number of restaurants. Leading retail point of sale (POS) software supplier for American restaurants, NCR, has partnered with LevelUp to bring the mobile payments app into the POS systems in order to be able to complete dining transactions. The startup is hoping that this will help it to make greater inroads into this rapidly growing market. This is especially important because restaurants are proving to be one of the most important growth areas for mobile payments. LevelUp has now formed this…

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Chunghwa Telecom plans new mobile payments initiative

Jorge Gonzalez
NFC Mobile Payments System

Mobile payments are gaining ground throughout Asia Taiwanese telecommunications company Chunghwa Telecom has been showing some strong interest in mobile commerce lately. The company, like many others in its industry, has been taking note of the growing popularity of mobile commerce throughout Asia. Mobile payments are gaining ground as mobile devices become more readily available to a broader range of consumers throughout Asia. Chunghwa believes that the time is right to establish itself in the mobile commerce field and has targeted both QR codes and NFC technology in order to…

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Mobile payments will pick up with penetration of 4G

Jesse Collins
NFC mastercard Facebook Messenger QR codes

MasterCard has believed that as these networks become more common, so will smartphone transactions. According to a recent statement from MasterCard, the increase in 4G networks will be central to driving an entirely new wave of innovative mobile payments options and services that merchants will be able to offer to their customers. The 4G networks will be central to engagement and innovative interactions between companies and businesses. Garry Lyons, the chief innovation officer for MasterCard, explained that 4G networks will provide the ability to be able to offer greater engagement…

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Mobile payments are just getting started, says Tim Cook

Jennifer Goula
iphone mobile payments NFC technology

The Apple CEO was quoted to say that the technology and its use is still “in its infancy”. CEO of Apple, Tim Cook, has revealed that while he does see a future for mobile payments, its current status remains an immature market, which has led many in the technology industry to believe that his company is not planning to make any considerable moves into that sector within the near future. The CEO feels that the market is only just taking its first baby steps and that it is far from…

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Mobile payments for Beijing subway system launched with sound wave technology

Stephanie Beck
Mobile Payments For Train

The new transaction process for commuter fare has been implemented using Alipay. Alipay has just announced that it has launched a new system for mobile payments within the Beijing subway that allows commuters to pay for their fares by having their smartphones communicate with ticketing machines by way of sound waves. The system itself was first released in January along with the Alipay Wallet app. This system of mobile payments has now been implemented into the Beijing subway. It uses the white noise that a smartphone generates in order to…

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