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News, views and my insight into (and opinion of) the growing Payments Industry
Browsing All posts tagged under »mobile payments«
The David and Goliath of Payments “Square off” — this round goes to Square sorry PayPal…
I was intrigued this morning when I read about Square’s rebranding of its consumer mobile payment app in two separate articles. “Card Case” is now “Pay with Square.” The articles stated that the Pay with Square identifies local Square merchants who will accept mobile payments using the app. Pretty cool I thought, but agree with both articles’ presumption […]
Just when you settled back with your popcorn and soda to watch the mobile payment and wallet competitors duke it out…
March 8, 2012
As reported by American Banker: “The (apple mobile payment) patent, which has been in the works for some time, covers a method to allow an embedded NFC chip to be used to execute mobile payments when an iPhone user pays at a point of sale terminal. The patented technology allows card companies to send information to […]
Why it is so important to make sure a new SaaS provider contract is the perfect fit for your small business or bank
March 1, 2012
As I have mentioned time and time again, the mobile payments and its multi-channel market has become quite messy—with so much experimentation going on. Yet stakeholders continue to slog it out tryingat to jockey for the best position and interestingly enough, their efforts are both defensive and offensive. More times than not, these stakeholders in […]
Perhaps there is still too much diversity in the mobile payments industry for it to become a reality?
February 27, 2012
As I’ve written many times before: It is “the sheer number” of diverse, yet interdependent, mobile payment stakeholders in the United States that prevent any tangible advancement in making mobile payments a reality. Anyone who manages by consensus knows that the process is sluggish, messy and complex. And the more there is to lose, the […]
First to Market or Fast Follower? That is the Question.
February 16, 2012
Providers of electronic financial services have constantly debated the value and risks associated with being first to market. This is because the bar is set much higher for financial institutions and related companies to get it “right” the first time. Unlike some pretty famous software companies who have historically released software into the public for […]
So about van Schewick issues with Verizon blocking the Google Wallet.
December 21, 2011
Now here is an interesting twist on the story about the Stanford University professor who filed a letter with the Federal Communications Commission urging its investigation of Verizon Wireless’ blocking of Google Wallet on its newest smart phone (to Verizon’s reported refusal). Of course Verizon quickly countered with its own press release stating that it […]
CVS/pharmacy boosts shopability of mobile site…the future is now.
December 13, 2011
Gotta love this one! Consumers are using their handsets to shop more and more these days. To keep up with this new and ever-expanding trend, CVS/pharmacy has just revamped its mobile site to make the entire CVS.com catalog available to shoppers… Read more: CVS/pharmacy boosts shopability of mobile site with more products – Mobile Commerce Daily […]
For Bling Nation: Re-Thinking the business model is a good idea that will support their long-term success
June 8, 2011
A few months ago I wrote about how Bling Nation was a transitional mobile payment concept at best. As a matter of fact the concept never really took off because it required action both by the consumer and the merchant to use the sticker adhered to a cell phone! Now there is pending legislation geared […]
Google’s joins NFC Standards–participation is critical
April 1, 2011
Google joining the NFC standards Group is a great indicator of their commitment and intention about mobile payments. While I find standards setting organizational work tedious and slow (I spent countless hours helping to develop the EDI message standards), participation is critical if one seeks to exert influence and direction on how the standards are […]
Device by Rim or SIM card by Telco – what to choose?
March 23, 2011
The battle lines are being drawn at last. In one corner you have the Telco’s and the other corner you have RIM – facing off on who and where sensitive payment data should be housed – in the device (controlled by RIM) or in the SIM card (controlled by the Telco. I have written many […]
March 27, 2012
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