Vodafone, Visa and BNZ make buying stuff with your phone a reality with the preview of Vodafone SmartPass, a new mobile payments application that will shrink the contents of Kiwi pockets and handbags. Vodafone SmartPass takes the stress out of shopping, and lets customers make convenient, every day purchases with a simple wave of a smartphone. Using contactless Near Field Communication (NFC) and Visa payWave technology, the app functions as a digital wallet. Once activated, customers can load funds from any bank to the SmartPass account, which can then be used to pay for items at any location with a Visa payWave contactless terminal.
HybridPayTech mobile payment space selected Vodafone’s global machine-to-machine (M2M) platform to provide connectivity for its pioneering mobile payment service. The service allows businesses to equip mobile employees with smartphones or tablets that can securely process credit and debit card payments globally using Vodafone’s network. This will allow businesses to fully embrace mobile payments for the first time while also introducing new revenue stream and improving the customer payment experience. HybridPaytech provides the world’s first completely secure, end-to-end mobile payment service that can process both credit and debit card transactions.
mopay payment solutions for online merchants announced a revolutionary breakthrough in user convenience. In cooperation with Telefonica and Vodafone, customers are now able to complete Web-based carrier payments with a single confirmation click. An enhanced user profile creates the basis of this new anonymous ID technology, which significantly shortens the payment process and boosts conversion to a new industry benchmark level of 93% and more. Less friction means more user convenience and thus more completed transactions. The consumer receives a PIN via SMS on his mobile phone, which then had to be typed in manually in a subsequent payment window. Although this simple process required no user registration and produced stunning conversion rates, mopay has continuously worked for more than 10 months to improve the user experience even further.
payvia direct carrier billing mobile payments partnered to integrate its mobile payments technology with Mobile-XL, whose feature phone browsing platform provides access to digital services such as Facebook, Twitter, email, news, sports and games for millions of people in Africa and India. Mobile-XL browsers use SMS as a data channel, creating an innovative solution that gives feature phone users access to a wide range of digital content. By adding payvia’s mobile checkout into services on the Mobile-XL browser, the partnership will let consumers purchase digital goods and services with two-click payments made from their prepaid carrier airtime. This means that millions of feature phone users will have a fast and secure way to transact across services like social media, communications, news and games, without requiring a bank account or credit card.
Chase took top honors in the Keynote Mobile Banking Scorecard for overall mobile web experience in Q1 2013. This is Chase’s third consecutive win in Keynote’s ranking of mobile offerings among the 15 largest U.S. banks. In the latest Keynote Scorecard, Chase ranked #1 in two of four categories – Functionality and Ease of Use – to take the top spot overall. Features include “QuickDeposit” mobile check deposit capability; “QuickPay” person-to-person payment service; and Chase Instant Action Alerts to notify customers of a low balance. The Scorecard measures and ranks the 15 largest retail banks in the United States based on a list of more than 100 criteria in four main categories, developed from user testing and research.
Valitor introduced new software for contactless payment and smartphone mobile payments in cooperation with Point electronic payment solutions. The new software allows merchants to accept payments via contactless Visa cards and also via smartphones where the credit card functionality has been implemented on the SIM card. This software is the first one in Iceland to offer this kind of technical innovation, and has been certified by VISA Europe and approved by the Visa PayWave standards. All acquirers and service providers that use the merchant POS terminals VeriFone Vx820 and Vx680 from Point can update the POS terminals with this software.
Virtual Piggy safe youth payments appointed Iain Herd Global Mobile Product Director, bringing with him over thirteen years’ experience in product management, and seven years leading mobile initiatives at major corporations, Iain will be responsible for directing and managing Virtual Piggy’s Mobile First initiative, reporting directly to CEO and Founder, Dr. Jo Webber. Iain, an expert in mobile technology, held the role of Global Head of Mobile Partnerships and Product at PayPal wherein he launched a number of key mobile services including the PayPal Wallet app for Windows Phone in addition to developing Point of Sales solutions and carrier billing and device partnerships, establishing PayPal as a key player in the mobile industry. He also spent 5 years with Vodafone leading the management of global social networking initiatives, working with leading industry partners including Facebook, Skype, Windows Live, Yahoo!, Google and Twitter.
MasterCard launched its “MasterPass” ‘future of digital payments,’ offering consumers a digital service to use any payment card or enabled device to discover enhanced shopping experiences. An expansion of “PayPass Wallet Services,” “MasterPass was announced Spring of 2012 and offers checkout services to provide merchants a consistent way to accept electronic payments regardless of where the consumer may be. For in-store scenarios either at the register or in the aisle, MasterPass will support the use of NFC, QR codes, tags and mobile devices used at points of sale. It provides shoppers a simple check-out process by eliminating the need to enter detailed shipping and card information with every purchase. Consumers can securely store card information, address books and more in a secure cloud, hosted by an entity they trust.
American Express appointed Anne Lauvergeon to its board of directors. Also a partner and managing director of Efficiency Capital, an investment firm that focuses on energy, technologies, and natural resources, and chairman and CEO of A.L.P. SAS, an advisory company, Lauvergeon is a member of the board of directors of Total S.A. and Vodafone Plc. She is a graduate of the École Normale Supérieure and the French National School of Mining Engineer and was awarded an honorary doctorate by London’s Imperial College. She is also a fellow of the Royal Academy of Engineering as well as the Royal Academy of Belgium.
nCircle management solutions announced the U.S. Patent and Trademark Office awarded its second “PureCloud” patent. nCircle’s intellectual property portfolio now includes 11 patents, reaffirming nCircle’s position as the leading innovator in the network security field. nCircle patents cover a wide range of security innovations and represent the company’s significant, ongoing investment in security technology research and innovation. The “PureCloud” solution is a cloud-based security services platform that requires no hardware or software to be installed or managed. nCircle PureCloud dramatically reduces the cost and complexity of a wide range of security services — including vulnerability scanning, PCI scanning and web application scanning — making these practices easily accessible to small and medium businesses.
VocaLink payment provider announced Nick Millar joins as Strategy and Customer Insight Director, Jim Wadsworth as Product Development Director and Phil Harrison as Commercial Director, Alternative Payments. With 20 years’ experience, Millar joins VocaLink from Visa Europe, where he was Head of Strategy. In his new role, Nick will lead the Strategy and Customer Insight team, developing VocaLink’s corporate strategy to maximise the value of core infrastructure capabilities and support emerging payment models. Wadsworth brings over twenty years’ experience working with market leaders in the payments sector and joins VocaLink from Accourt, where he led its mobile and digital payments practice and advised a wide range of international clients. Harrison joins the company from Clairmail Mobile Solutions where he was Managing Director for EMEA, bringing with him more than 25 years’ experience in retail banking and payment technologies.
Adyen global payment announced the European availability of its “Shuttle” payment solution, allowing merchants to accept Chip & PIN payments from a mobile device at the point-of-sale (MPOS). It is fully EMV compliant to provide infrastructure for POS payments, with all three channels directly connected to the Adyen back office, requiring only a single point of administration. Shuttle is a standalone MPOS device that connects to iOS and Android smartphones or tablets wirelessly via a Bluetooth connection. To use, shoppers simply key their pin codes into the device and the transaction is verified offline or online. Shuttle has been developed to bring complete mobility to point-of-sale commerce, accommodating everything from small specialist stores to medium-to-large sized and international businesses, enabling merchants to safely accept Chip & PIN transactions on any credit or debit card.