Tag: security

Mobile payments to benefit from new security solutions

Security has become a top priority for the mobile payments space. Consumers have shown that they are willing to embrace mobile payments systems, but still retain a great deal of concern regarding the security of their financial information. The security of mobile payments has been attracting more attention as mobile commerce sees more adoption. Many consumers continue to express worry over the security of their financial information, suggesting that modern mobile payments systems have yet to reach a point where they can be considered safe to use.

Security begins receiving more serious attention

As consumers continue to show worry over their security, companies invested in mobile payments are beginning to take the issue more seriously. Such is the cash with Swish, which has been involved in the mobile commerce space for some time. Like other companies in this sector, Swish considers security to be a major roadblock for mobile payments. As such, the company has been working to develop more comprehensive security solutions to provide consumers with some peace of mind. Swish plans to begin showcasing its security solutions at the end of this month.

Swish intends to showcase security solutions at the end of the month

Swish is one of the first companies to introduce mobile point-of-sale systems to the Asian market. Mobile payments have found a great deal of success in this market due to the high penetration of mobile technology. While consumers have been showing that they are ready to embrace mobile commerce, many still consider the field to be insecure, which has slowed the progress that mobile payments could potentially see. Swish intends for its security solutions to boost the confidence consumers have in the sector.

Mobile payments becoming a popular target for hackers

The security of mobile payments is not only important to Asian consumers, of course, and those in other parts of the world share the same concerns regarding the security of mobile commerce. Because mobile commerce involves the trafficking of financial information through mobile devices, the mobile commerce field has become a very attractive target for hackers and malicious groups that may look to exploit this information.

Opera sets sights on expanding into mobile commerce

Opera Software, a Norwegian software company, has announced its partnership with Naranya, Latin America’s leading mobile marketing and commerce company. Together, the two companies are looking to bring mobile commerce to Latin America through the Opera Mini mobile browser. This effort is encompassed in the Opera Payment Exchange, which is a mobile commerce platform that is available to the 191 million users of the Opera Mini application. Opera users will now be able to purchase goods and services through Naranya and its billing connections in 7 countries around the world.

Opera has a large audience to tap into

Opera is one of the world’s leading Internet browsers, on both mobile and static platforms. Opera Mobile has become one of Opera Software’s flagship platforms, with more than 270 million users worldwide. The Opera Mini application is based on this platform and has become a popular tool for those that like to browse the Internet from their smart phones and tablets. Many of these consumers have begun looking into mobile commerce, and Opera Software has been quick to respond to this interest.

Naranya boasts of well established presence in mobile commerce

Naranya boasts of more than 500 million users linked into its Monetization Platform. This platform has been used by numerous game developers, social networks, online media groups, and digital companies to monetize their goods to mobile consumers. The platform has become quite popular in Latin America, where advances in mobile technology are raising the demand for mobile commerce. By teaming with Opera, Naranya aims to further expand its mobile commerce platform into new markets.

Mobile commerce growth slightly delayed due to concerns over security

Mobile consumers are becoming enthralled with the concept of mobile commerce, but many are still wary due to concerns regarding security. Mobile commerce applications have, in the past, been hacked with relative ease, putting a consumer’s financial information at risk of theft and exploitation. Naranya has extensive experience in mobile commerce and has stringent security measures in place to mitigate the risks involved with mobile commerce. These security measures appear to have been enough to win the favor of Opera Software.