Author: Denny

Mobile payments coming to iOS with the help of PayPal

| March 13, 2013

Mobile Payments PayPal iOSPayPal aims to make mobile payments more iOS friendly

PayPal has high hopes for mobile commerce and the company has been working to make mobile payments easier for everyone over the past two years. The company has taken note of the growing popularity of smartphones and tablets, as well as the fact that many consumers prefer to shop using these mobile devices. In order to make mobile payments more universally available, PayPal has been working to develop alternatives to NFC technology, which has long been a cornerstone of mobile commerce.

New SDK allows iOS developers to craft mobile commerce applications

This week, PayPal has launched a new software development kit (SDK) for the iOS platform that will allow developers to create mobile payments systems for the operating system. Last year, Apple launched the iPhone 5, which had been speculated to include some form of NFC technology for the sake of mobile commerce. When the iPhone 5 was officially released, it did not actually support NFC technology, which garnered Apple a significant amount of criticism from consumers. Many claimed that the company would be unable to compete in the mobile payments arena because it had abandoned NFC technology. Apple, however, claimed that the technology was neither secure nor practical enough to facilitate mobile commerce. PayPal shares in this belief.

Developers demand ways to bring mobile commerce services to iOS consumers

The new SDK opens up a new avenue for mobile payments to come to the iOS platform without having to rely on NFC technology in any way. PayPal CTO Jame Barrese notes that the company listened to the demands of developers who wanted the ability to create mobile commerce solutions for iOS devices. Using the SDK, these developers will be able to implement PayPal’s payment system into a mobile application designed for iPhones and iPads. Consumers can use these applications to make mobile payments.

Mobile commerce expected to reach new heights this year

PayPal is quickly becoming a very powerful force in the world of mobile commerce. The company expects to see mobile sales grow to new heights this year as more consumers favor making purchases from their smartphones and tablets. Mobile payments are expected to continue growing in prominence as new services, such as PayPal’s new iOS SDK, become available to developers, who can use these services to craft effective mobile commerce applications.

Mobill aims to bring mobile payments to India

| March 9, 2013

Mobile Payments IndiaMobill teams with Sterna Security to promote mobile payments services in India

Swedish mobile commerce firm Mobill has announced that it will be establishing a new development center in India. The company has teamed with Sterna Security, a mobile security solutions firm based in India, to develop a new mobile payments system for the Indian market. India is quickly becoming a very attractive market in terms of mobile payments, due to the growing number of people that have access to mobile devices like smartphones and tablets. Mobill is interested in establishing a strong presence in the market to take advantage of the growing popularity of mobile consumers among Indian consumers.

Mobile commerce sees growing demand from Indian consumers

Mobile payments are considered a more convenient form of commerce for many people in India and consumers have been demanding for new commerce services in the country for some time. Mobill believes that the market is ready for a new generation of mobile payments solutions that can be used to purchase goods and services. Mobill is expected to put much of its efforts in the Indian market on the country’s public transportation system. The company claims that 80% of Sweden’s public transit operators make use of its M-Ticket service, which distributes digital tickets to commuters throughout the country in an efficient manner.

Security to be a major focus for Mobill

Security will be a major focus for Mobill, especially as the company looks to establish a foothold in the Indian market. Mobile payments are not just growing in popularity among Indian consumers, they are also becoming attractive targets for hackers. Mobile devices are beginning to traffic a large amount of financial information, which can be stolen and exploited by malicious parties. In teaming with Sterna Security, Mobill aims to address the mobile security concerns it has in regards to Indian mobile payments.

Mobill expected to compete with others in attractive Indian market

Because India has become a very attractive mobile commerce market, Mobill is expected to see competition from other companies looking to promote mobile payments services among consumers. Google is currently the largest competitor in the field of mobile commerce. Despite Google’s seemingly all encompassing presence, many consumers have shown their willingness to make use of mobile commerce services offered by other companies, which may bode well for Mobill’s future in India.