With so many methods for mobile payments being put through the wringer, why not add another one? MasterCard and ING Group have introduced a new payment method that interweaves both mobile and internet payments. Sound confusing? We’re just getting started.
Finally, Canadians can now get rid of the good old credit card. Well, at least that’s the dream. Rogers and the local bank CIBC have partnered to make the dream of NFC mobile payments a reality for Canadians.
Analysts have been predicting the rise of NFC for a while now, but expectations vary wildly. The main driver that’s widely touted is mobile payments, but the number of NFC-enabled devices in circulation is still relatively small. We take a look at some potential uses for NFC and ask: what is holding it back?
Being one of the biggest proponents of Isis, so much so that it blocks the use of Google Wallet on its devices, Verizon strangely only has a handful of smartphones that support it.
Square is revolutionizing the mobile payments business. The company lets business and store owners accept payments through their iPhone, iPad or Android device through an add-on accessory. Initially launched in the U.S., Square is gradually opening to an international market, with Canada as its first step.
As announced on its Twitter account, MetroPCS subscribers can now use Google Wallet on their device. For now, only those sporting the Samsung Galaxy S3 can start using the mobile payment service.
O2 has just released a Mobile Point of Sale service in partnership with Visa and Global Payments. The basic idea is to allow vendors and retailers to easily accept plastic payments from debit and credit cards on their Android tablets and smartphones.
The marketing head of Isis, Jaymee Johnson, has sent out a statement to tech publications across the country that its mobile payment service will indeed be officially rolled out on October 22. Come Monday next week, folks in Salt Lake City and Austin, who are keen on leaving their wallet at home to make some transactions, will be able to tap and pay their way out of Isis-ready stores.
The new mobile payment system backed by three carriers (AT&T, Verizon and T-Mobile), dubbed as Isis Mobile Wallet, has been pushed back from its original September launch. A leaked internal memo, as attained by Tmonews (and as we’ve reported before,) shows that Isis will now be launched on October 22 in two cities – Salt Lake City, Utah and Austin, Texas. But the memo also reveals more details.
Phones have been shipping with NFC (near field communication) support for several years now, but the one use case that we’ve all been waiting for, paying for things via a simple tap, has yet to take the market by storm. Google launched Google Wallet in May 2011, but hardly anyone is using it. Why? There aren’t any technical reasons to explain Google Wallet’s failure, it all boils down to politics.