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India mulls m-banking via USSD links

A senior official of the National Payment Corporation of India (NPCI) has suggested that certain non-financial transactions such as balance enquires could be shifted from bank ATM machines to mobile phones. The NPCI is talking to mobile operators about using the unstructured supplementary service data (USSD) channel to inform users about their bank balances, according to Economic Times.

MIG acquires m-payment firm Zaypay

UK company Mobile Interactive Group (MIG) has acquired Zaypay, a Dutch firm which specialises in monetisation solutions for developers.

Mobile operator-backed Buyster launches commercial service

French payments venture Buyster launched its mcommerce service in its home market on September 13. The internet payment venture, which originally set itself a mid-2011 launch date, allows users to make purchases through both mobile and fixed connections.

Australia warned on regulating mobile payments

The Reserve Bank of Australia (RBA) has been warned in a submission that introducing regulation is not likely to encourage funding for new mobile payment technologies.

Report: mobile payments to increase 30-fold in value by 2015

Canadian research firm IE Market Research (IEMR) predicts the gross value of global mobile payment transactions will reach US$945 billion in 2015, a 30-fold increase from the figure of US$31.5 billion in 2010.

3UK attacks rivals m-pay venture

The UK’s smallest mobile operator 3 has raised its concern with the European Commission about …

Canadas Rogers wants to be a bank

Rogers Communications, the largest mobile operator in Canada, has applied for a licence to offer …

Verifone is bullish due to m-payments

US payment terminals manufacturer Verifone reported a 21 percent increase in its third quarter net revenues to US$317 million and expressed optimism that the current growth in mobile payments would boost its full-year figures.

BLOG: Its time to unblock the NFC logjam before its too late

Handset vendors have recently announced a new spate of NFC-enabled devices. That should be a …

STMicroelectronics looks to boost presence in NFC market

Chipset vendor STMicroelectronics is eager to strengthen its position in the NFC market by extending …