Mobile payments via NFC from a digital wallet on a smartphone might be the sexiest area of payments right now, but the space that is actually seeing traction and adoption is contactless cards — which will hit 250 million in 2014.
In a new study on mobile wallets, Javelin Research investigated the “gang of five” — Apple, Google, Facebook, Amazon, and PayPal — and their ability to win or lose the still-developing war for the mobile wallet. Interestingly, all of them would lose to consumer’s primary financial institution, their bank.
Guest Post By now it should be clear: For any new mobile technology to take off and thrive, convenience and value must be abundantly clear to the consumer.
Google Wallet is officially available for iPhone, iPad, and iPod Touch for the first time this morning.
Nobody likes to pay, but everyone likes a good deal.
I asked Airtag CEO Jeremy Leroyer what happens when we deal with 35 different merchants: Do we need 35 different apps?
The CIA’s venture arm, IN-Q-Tel, strikes strategic partnership with mobile security company Tyfone.
Editor’s Pick It’s tough to muster much excitement for Isis, as NFC almost seems more like a fantasy today than when it was a hot buzzword for mobile payments years ago.
The mobile payment network Isis is said to receive a major boost of more than $100 million from its parent companies AT&T, T-Mobile and Verizon, Bloomberg reports.
When it was announced in November, the Isis mobile commerce network seemed like a bold attempt by wireless carriers to edge out credit companies on mobile payments.