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Paypal spells out how it will compete in the physical world

Paypal has given a preview of the mobile payment technologies it will use to compete against rivals as it tries to woo physical retailers.

Amex looks for m-pay acquisitions

American Express is looking for significant acquisitions outside the US, as well as investments in …

I feel safe: it’s what the mobile industry should want to hear from users

Two announcements this week have demonstrated how mobile money providers are looking at the concept of consumer trust as central to turning their mobile money businesses into mass market propositions.

Feature video: Mobile Money The Story So Far

The huge success of Safaricom’s M-Pesa has come to symbolise mobile money for many in …

Microsoft includes NFC in new W8 OS

Microsoft will include NFC technology in Windows 8, its current name for the next version of its operating system, according to an announcement from its Build developer conference.

Monitise wins patent for virtual credit card

UK mobile payment technology firm Monitise has been granted a patent for “a new way …

Second French city set for NFC

The city of Strasbourg will be the second in France to offer a commercial NFC service on 17 October, following the launch of the Cityzi service in Nice last year.

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.