Eftpos to launch mobile payments trial in Australia

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Mobile payments projects capture the attention of consumers

As mobile payments become more common, so too do the various trial projects that aim to spur progress in the mobile commerce field. Trial projects are important as they help expose consumers to the idea of mobile payments and let them experience the convenience that mobile commerce platforms offer. These trial projects are not solely for the benefit of consumers, of course, as the companies responsible for these projects have an opportunity to ensure that their mobile payments systems actually work.

Eftpos to launch new project in July

Eftpos, a commerce company based in Australia, has announced that it will launch a new mobile payments trial project in its home country in July of this year. The trial project is associated with an overarching partnership the company has with C-SAM, another company invested in the mobile commerce field. The project itself will promote the use of NFC-based mobile payments systems in Australian stores, which will be used to facilitate transactions from consumers as they make small purchases.

Mobile Payments AustraliaMobile payments projects to make use of NFC technology

NFC technology is often considered one of the pillars of the mobile payments world. The technology is chiefly responsible for supporting mobile transactions as it is capable of transmitting and receiving digital information over short distances. NFC technology has recently been attracting criticism due to concerns regarding mobile security. While the technology can be used for mobile payments, it can also be targeted by hackers to access a person’s financial information. Eftpos, as well as the other companies invested in mobile payments, has made security a top priority.

Etfpos eager to accommodate consumer needs

Eftpos represents more than 80% of the daily transactions made in Australia. The company has a strong interest in mobile payments due to the changing interests of consumers. Those with mobile devices are beginning to demand new commerce services in order to accommodate their needs. Eftpos is well positioned to meet these needs and believes that mobile payments may soon replace traditional forms of commerce in the future.

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