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mobile payments

(via Mashable)

Cash

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It’s starting to feel anachronistic to whip out old-fashioned greenbacks to make a payment, these days. If you’re used to using a debit or credit card almost exclusively, it may seem almost quaint to make purchases with paper and metal, especially when in some places you can just wave your phone to accomplish the same thing.

Cash is the vinyl of payments. While record albums lack Spotify’s ease of use, there’s something so retro about them that they’re cool. But you don’t have to be a hipster to appreciate the benefits of analog currency. Get in the habit of using cash, and you’re bound to waste less money and even stick to a budget. Read more…More about Mobile Payments, Google Wallet, and Business


Complete story at source: Mashable
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(via Payments News – from Glenbrook Partners)

Last week, on Starbucks’ quarterly earnings call, Chief Digital Officer Adam Brotman commented on the company’s digital initiatives. He noted that the Starbucks card represents nearly one-third of Starbucks’ in-store transactions and 10% of all transactions in US stores are made with mobile phones. Brotman concluded:I truly believe that no other retailer … that’s as far as long as Starbucks in terms of building an end-to-end digital customer experience across a variety of digital touch points both in store and out of store, across channels and now across geographies.

Complete story at source: Payments News – from Glenbrook Partners
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(via TechCrunch)

wallet-gmailIn May, Google announced that its online and mobile payments solution Google Wallet would be integrated within Gmail in the coming months, but no exact time frame for the rollout was given. Now, it appears as if more users are gaining access to the Google Wallet in Gmail feature, as invitations are hitting Gmail inboxes.

Complete story at source: TechCrunch
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(via TechCrunch)

Fortumo logoFortumo announced that it has inked direct carrier billing agreements with China Unicom and China Telecom. Together with a China Mobile deal signed in February, this means that the Estonia/U.S.-based mobile payments company is now the first and only payments provider that supports all three state-run telecoms in China, which dominate the mobile communications market there.

Complete story at source: TechCrunch
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