Mobile commerce expands through new partnership
Pulse, a debit and ATM network operator in the U.S., has announced its partnership with Paydiant, a mobile commerce organization. Through this partnership, pulse plans to make the Paydiant mobile wallet available to its customers. Through Pulse, Paydiant will have access to financial service firms and merchants and will be able to provide these parties with comprehensive mobile commerce services and a way to accept mobile payments from consumers.
Paydiant services to be available to financial service firms and merchants
The Paydiant mobile wallet has managed to establish a relatively strong following. The application is available to both iOS and Android platforms and is currently being used by many merchants interested in mobile commerce. These merchants use the company’s technology alongside existing point-of-sale systems, providing them with a way to accept mobile transactions coming from consumers. Paydiant has been able to compete with larger organizations in the mobile commerce sector by provide relatively easy-to-use and comprehensive services.
Mobile wallet can be configured to suit the needs of businesses
Businesses and financial service firms that make use of Paydiant’s services will be able to configure the mobile wallet to function according to their own business plans. For many financial service firms, this means that the wallet will only facilitate mobile transactions of $15 or less. Once the Paydiant mobile wallet is integrated into a business’ structure, mobile payments can be accepted from any smartphone or tablet that makes use of the consumer version of the mobile wallet application.
Mobile commerce continues to gain momentum among consumers and businesses alike
Mobile commerce is becoming more important for both consumers and businesses around the world. Consumers favor mobile payments because they represent a more convenient form of commerce. Businesses are beginning to embrace mobile commerce due to the acceptance it has received from consumers as well as its economic prospects. There is a wide variety of mobile wallets available to consumers today, but none have yet to establish a dominating presence within the mobile commerce sector.