Tag: mobile commerce applications

New mobile payments service launched in Canada

| November 12, 2013

Moneris launches new mobile payments service

Moneris Solutions, a Canadian payment processor, has launched a new mobile payments service called “Payd Pro.” The new service is designed to be used alongside debit cards, allowing the financial information associated with these cards to be used by a mobile device. The mobile payments service is meant to make commerce more convenient for consumers that are constantly on the go and could be ideal for commuters that have little time to shop at physical stores.

Payd Pro utilizes Bluetooth technology

Unlike other mobile payments services, Payd Pro is not based on NFC technology. This is because NFC-enabled mobile devices are still quite rare among consumers and NFC has begun to attract a significant amount of criticism regarding its security. Instead, Payd Pro utilizes Bluetooth technology in order to make it more accessible to both iOS and Android devices. The Payd Pro application offers a variety of mobile commerce management tools that have been developed by Moneris. These tools have been quite well received by small businesses in Canada that have used them in the past.

Canada Mobile Payments ServiceService encrypts card data at transaction

Payd Pro encrypts the card data that it uses at the time of transaction. This is meant to provide security for the financial information that is being used to conduct mobile payments. Security has become a major issue when it comes to the world of mobile commerce due to the malicious parties that have been attracted to this rapidly growing sector. Hackers have shown interest in mobile commerce because of the relatively low-level security systems that many platforms are equipped with.

Consumers and businesses showing increasing interest in mobile payments

Canadian consumers have been growing more interested in mobile payments in recent years, largely due to the growing levels of smartphone and tablet ownership. As more people are exposed to the concept of mobile commerce, the more they are demanding mobile payments services that are both secure and easy to use. Moneris has been able to meet this demand to some degree with its variety of mobile commerce services offered to consumers and businesses alike.

Boxed puts a new spin on mobile commerce

| August 27, 2013

Mobile commerce startup breaks the mold

A new mobile commerce startup called Boxed aims to make wholesale goods more easily obtainable for consumers. Typically, people have to go to large, membership-based department stores in order to purchase bulk goods at low prices, but these stores do not exist on every corner. Consumers can typically find a wide variety wholesale goods online, but the costs associated with shipping these goods mitigates any savings they could see. Boxed intends to change this by offering consumers with a way to purchase and receive wholesale products at a low cost.

Boxed provides free shipping to orders over $75

Boxed officially launched this week and is currently restricted to the eastern half of the U.S. Using the application, consumers can purchase a wide variety of products and have these products shipped directly to their home. Orders exceeding $75 will receive free, two-day shipping. The concept behind Boxed is to provide consumers with all the convenience of a wholesale department store without the auxiliary expenses associated with such stores.

Mobile Commerce - Boxed appCompany holds its own inventory

Boxed is not just a mobile commerce platform. Behind the application, the company boasts of its own warehouse that stores approximately 500 unique products at any given time. This is somewhat different from the trend that has emerged in the mobile commerce scene. Companies like eBay and Google have been partnering with retailers in order to provide expedited shipping of products without actually having to keep their own inventories. Boxed, however, believes that holding its own inventory and fulfilling shipments is a better way to provide consumers with the services they are interested in.

Mobile commerce continues to evolve

Many trends have begun to emerge in the mobile commerce sector, but mobile commerce cannot be defined by any of these trends on their own. The constant evolution of the mobile space has provided mobile commerce with a lot of room to grow and companies like Boxed have been able to exploit this to their advantage. Boxed aims to offer a new service to consumers that may appeal to people’s interest in convenience and efficiency.