Mobile Commerce

Category: Mobile Commerce

LevelUp and NCR form new mobile payments partnership

JT | May 22, 2013

Mobile payments may benefit from new partnership

LevelUp, a mobile payments company, has partnered with NCR, a leading supplier of point-of-sale software in the U.S. Together, the two companies will focus on spreading mobile payments throughout the U.S. and getting consumers more comfortable with the concept of using their smartphones and tablets to pay for products. Mobile commerce has been growing more common in the U.S., but many consumers are still leery as there are many security concerns that surround the subject. LevelUp, along with NCR, hopes to placate these concerns by providing consumers with a comprehensive mobile payments platform.

LevelUp continues to generate hype in mobile commerce

LevelUp has managed to generate some hype in the world of mobile commerce, especially in the retail sector. The company offers its own mobile payments application, which can be used by consumers to make purchases from a mobile device. It also offers a platform designed for retailers who are interested in reaching out to mobile consumers, providing them with a way to facilitate mobile payments. This platform leverages the universal usability of QR codes to help make mobile payments more available to a wider range of consumers. Near the end of 2012, more than 500,000 people were making use of the LevelUp application alone.

NCR contact may prove beneficial for LevelUp

NCR has an extensive network of connections in the retail sector as well as the food industry. The company specializes in designing point-of-sale systems and has taken note of the rise in demand for mobile commerce systems in recent years. NCR is working to meet the needs of its clients by putting more focus on supporting mobile payments. LevelUp is expected to benefit from its new partner’s extensive access to businesses in the retail sector.

Companies look toward food industry

LevelUp is not only focused on the retail sector, of course, and has interests in the restaurant business as well. LevelUp believes that mobile payments can be especially successful in restaurants that work to cater to mobile consumers. As such, the company has been working to break new ground in this sector and grow more appealing to those in the food industry. NCR is expected to aid in this endeavor as it has connections to the food industry.

New mobile commerce platform to launch in Ireland

BWild | May 22, 2013

Stripe aims to bring mobile commerce to Ireland

Stripe, a payment processing company, has been working on a mobile commerce platform recently and has plans to launch this platform in the coming months. The first market that will receive access to the Stripe platform will be Ireland, where mobile commerce has been attracting a significant level of attention over the past several months. Ireland will serve as a launch platform for Stripe before it moves into other markets throughout Europe.

European consumers demanding new platforms

European consumers are beginning to grow more comfortable with the idea of mobile commerce. The proliferation of smartphones and tablets has made it exceedingly easy for these consumers to get involved in online shopping. Companies like Telefonica, for example, are making a strong push to promote mobile commerce among consumers, but comprehensive platforms like Stripe are needed in order to ensure that consumers have a way to make mobile payments.

Stripe could be popular with businesses

The Stripe platform is not only designed for consumers, as it can also be used by companies that are interested in mobile commerce. The platform allows these companies to accept mobile payments from any platform, whether it be a website, mobile device, desktop, or tablet. This could be a well received tool in the retail sector as many companies have been seeking out new platforms that can help bolster their mobile commerce performance.

Stripe to face major competition

Though Stripe may have strong ambitions and the backing of powerful investors, it will still face strong competition in the mobile commerce space. Large companies like Square and Barclays have been pushing their way into this market, establishing a dominating presence therein. If Stripe can find a foothold with consumers and businesses, it may become Europe’s next mobile commerce phenomenon, effectively exposing many consumers to the idea of mobile payments.