Archive for the ‘electronic payments’ Category

Four Times More Consumers Consider Mobile Payments Safer Than Credit Cards

Tuesday, December 13th, 2011

PaymentOne

Javelin Strategy & Research Consumer survey, commissioned by PaymentOne, also reveals more than $100 billion in annual lost revenue for online merchants who don’t offer payment alternatives

It’s hard to put a price tag on security and privacy, but a recent study of consumers’ online and mobile purchasing attitudes conducted by Javelin Strategy & Research and PaymentOne (www.paymentone.com) found 4 out of 5 consumers would spend more online if offered an easier and more secure way to pay. The survey also found that by a margin of almost 4 to 1, consumers believe direct carrier billed mobile payments are more secure than using credit and debit cards for online digital purchases.

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Remote payments to drive USD $22.5 billion m-commerce market

Monday, September 26th, 2011

Vesta Corporation

White paper outlines how remote payments, not NFC, will provide lucrative opportunities for mobile operators

A white paper commissioned by Vesta Corporation, a global pioneer and leader in electronic payments, highlights the significant opportunity that remote payments present to mobile operators.  The white paper, compiled by Informa Telecoms & Media, reveals that end-user revenues from m-commerce services, delivered over cellular networks, are expected to grow to more than US $22.5 billion by 2014.  These m-commerce services will include mobile banking, remote mobile payments, local mobile payments and mobile money transfers.

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PaymentOne Announces Groundbreaking 7 Day Payout for Mobile Payments

Wednesday, September 21st, 2011

PaymentOne

PayOne FastPay eliminates industry standard 90 day wait; puts cash in merchant’s accounts faster than ever

PaymentOne Corporation® (www.paymentone.com), a global leader in mobile payments, today announced PayOne FastPay, an industry-first mobile payments program that guarantees disbursements to merchants in as fast as seven days, dramatically reducing the typical 60-90 day waiting period for payouts required by carriers and other mobile payment vendors.

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PaymentOne Partners with Telefónica Germany for Direct Mobile Payments

Wednesday, August 31st, 2011

PaymentOne

International collaboration enables global merchants to accept payments for digital, virtual and physical goods

PaymentOne®, the pioneer in frictionless payment and carrier billing solutions, today announced a direct carrier billing relationship with Telefónica Germany. Telefónica Germany is part of Telefónica SA, a leading provider of broadband and mobile services and the second largest carrier group in the world. The mpass system – driven by Telefónica Germany, Telekom and Vodafone – enables merchants to accept direct carrier billed payments for virtual, digital and physical goods.

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PaymentOne Surpasses $5 Billion Milestone in Carrier Billed Micropayments

Monday, August 22nd, 2011

PaymentOne

Unique combination of Mobile payments, fixed-line and broadband billing services propel expansion into global $250 Billion Mobile Payments Market

PaymentOne, the pioneer in frictionless payment and carrier billing solutions, today announced the company surpassed $5 billion in micro-payment transactions and incremental revenue generation for its digital clients. PaymentOne enables publishers, application developers and digital merchants such as AOL, Blizzard Entertainment and Gaia Online to sell more virtual goods, online and mobile services, and recurring digital subscriptions to consumers around the world. PaymentOne’s simple and secure “click and confirm” process places charges on the buyer’s existing mobile phone, fixed-line or broadband service bills without requiring any disclosure of credit card or sensitive financial information.

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Spendvision Honored in Eighth Annual International Business AwardsSM

Sunday, July 31st, 2011

The award-winning Spendvision Platform is honored for the second year running

Spendvision, a global provider of total transaction management solutions, has earned a Distinguished Honoree medal for the Best New Product or Service of the Year for Financial Services in the 2011 International Business Awards. The International Business Awards are the only global, all-encompassing business awards program honoring great performances in business. Honorees were selected from more than 3,000 entries received from organizations and individuals in more than 40 nations. (more…)

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appMobi’s cloudKey Revolutionizes E-Commerce Security By Eliminating Credit Card Databases

Monday, July 25th, 2011

appMobi

Patent-pending “Distributed Key” technology stores personal information locally, locked with secure keys delivered from the cloud

appMobi® (www.appmobi.com) today unveiled its secure cloudKey™ authentication technology, and announced cloudKey’s immediate integration into appMobi’s 1Touch “single touch” payment system. 1Touch with cloudKey is ready for use by Web and mobile app developers who seek to offer their users a highly secure and streamlined e-commerce experience. A 1Touch demonstration is available at http://www.appmobi.com/1Touch.

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25% of Mobile Network Operator survey respondents not PCI DSS compliant

Tuesday, May 24th, 2011

Vesta Corporation

35% of respondents unaware of potential penalties for non-compliance

A survey conducted by Vesta Corporation, a global pioneer and leader in electronic payments, has revealed over a quarter of Mobile Network Operators (MNOs) are not compliant with the Payment Card Industry Data Security Standards (PCI DSS). A further 35% of respondents did not know that financial penalties could be levied for non-compliance by the card associations. (more…)

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Tyfone Receives Additional Patent for Cutting-Edge Mobile Electronic Wallet Technology

Monday, November 22nd, 2010

Latest patent covers key technologies in Tyfone’s suite of award-winning solutions

Tyfone

Tyfone (www.tyfone.com), a global provider of unified mobile money and secure transaction infrastructure for mobile banking, mobile identity management, and mobile contactless NFC payments, today announced the award of its newest patent for the company’s innovative mobile electronic wallet technology.

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Spendvision Expands its North American Presence with Opening of a New Office in San Francisco

Thursday, September 30th, 2010

New US office located at the heart of one of the nation’s premier financial districts

 

Spendvision, a global provider of total transaction management solutions, has announced the opening of a new US office, strategically located at the heart of San Francisco’s financial district. The office will complement other locations worldwide, enabling Spendvision to expand its North American presence and better serve its existing customers and partners in the region.

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