A new service will enable a consumer using an ATM machine to send a payment …
A new report predicts that China will have 230 million mobile payment users by the end of this year generating transactions with a value of Rm6 11.37 billion (US$1.8 billion).
eBay and its PayPal unit have launched X.commerce, a platform that enables developers to target retailers with applications for mobile, online, and social commerce. The new platform is heavily based on recent acquisitions by eBay including mobile payments firm Zong and RedLaser, whose app enables smartphones to scan goods in stores.
Mobile operator Etisalat has announced a partnership with credit card giant MasterCard to launch NFC-based mobile payment services via BlackBerry handsets in the United Arab Emirates.
US mobile payment provider Square is relaxing its current rules in a bid to maintain its fast growth in the increasingly competitive US mobile payments market.
RIM has announced a new NFC-based service called BlackBerry Tag that enables users to touch devices to share contact information, documents, URLs, photos and other multimedia content.
Leading mobile operator America Movil and US bank Citigroup have announced a joint venture to offer mobile banking throughout Latin America, in what would be a major boost to the take-up of such services in the region. The joint venture called Transfer will launch its service first in Mexico in the first quarter of 2012.