Tag: mobile payment app

Mobile payments may be the ideal solution for cabbies

| January 1, 2013

Mobile Payments Taxi CabsTaxi drivers are discovering that smartphones may be the opportunity they’ve been waiting for.

Though digital wallets may be struggling and mobile payments in stores might not be taking off at the rate that was anticipated, taxi drivers are seeing the true potential in the technology for adding practical convenience and a new way to pay for the ride.

Cabbies are seeing the benefits in this technology both for themselves and their customers.

It is still rare for taxi drivers to be able to process transactions with credit cards, which means that many of them find themselves missing opportunities to make money every day. They find themselves having to send customers away when they cannot accept their preferred method of paying for the fare. Many complain of animosity from the lost customers, due to the limited options.

However, with mobile payments, this could entirely reverse the problem in a practical way.

There have been two major developments in providing mobile payments options to taxi cab passengers. The first is through an actual physical device that can connect to the driver’s smartphone or tablet. The second is through mobile apps to which both the driver and the passenger have subscribed.

In the first case, a device – often known as a dongle – is attached to the smartphone or table of the taxi driver. This allows mobile payments to be accepted by using the device to swipe credit cards. This is a highly convenient service that is offered by a number of different providers to small businesses and services such as cabs.

The idea has become so popular that there are some cab companies that will be distributing the dongles to all of their drivers so that they will have mobile payments available throughout. The advantage is that the service is quick and easy to use and doesn’t require the passenger to have a either a smartphone or an app installed on their own device to make it work.

However, some people are uncomfortable with making mobile payments on the devices of someone they don’t know. In those circumstances, apps are often available that allow them to not only book the car, but also make the payment for the ride through their own device, using a credit card.

In both cases the mobile payments typically come with a per transaction fee that will usually be in the range of 2 to 3 percent.

Mobile payments startup undergoes massive European expansion

| December 26, 2012

mobile payments europeanPayleven has now stepped out of Germany for Android support in the Italy, Poland, and the U.K.

Payleven has just announced that its Android mobile payments app is exploding its way throughout Europe, as it leaves its previously exclusive Germany in favor of an addition of three more markets, which include Italy, Poland, and the United Kingdom.

The app can now be downloaded in any of those countries through the Google Play Store.

The iOS app from that mobile payments company was already available in every market where that service is available. This includes Germany, the United Kingdom, Poland, Italy, Brazil, and the Netherlands. However, the company recognized that the Android environment presents a much larger number of challenges, simply because of the broad range of different types of hardware.

This meant that the mobile payments service needed to take far more variables into account.

A Payleven spokesperson explained that “As Android devices have different hardware components, it needs refinement to ensure app liability. So to actually launch Android perfectly in many countries is a long [process].”

Equally, though, while Android mobile payments may have meant greater complexity, it also has a tremendous user base, as the operating system has become a major dominant platform in the mobile commerce ecosystem. In fact approximately 70 percent of all worldwide smartphone shipments involve Android based devices.

This operating system is especially popular in the European market. For example, more than 70 percent of smartphones sold in Germany are based on that platform.

The Android mobile payments app from Payleven supports a number of different popular devices that use the platform. The company placed its primary compatibility focus on the most commonly used handsets, which include the Samsung Galaxy Nexus, Galaxy SIII, Galaxy SII, as well as the HTC One Series line, which includes the One S, V, and X.

This mobile payments application allows merchants to use a dongle that is plugged into a compatible device in order to be able to accept debit and credit card transactions. The company charges the merchant 2.75 percent per transaction. It currently supports swipe-and-sign, but it has announced that in the first part of next year, it will also have a dongle that will accept chip-and-pin cards.