Tag: mobile commerce news

Mobile payments program is expanding to New York

| August 13, 2014

OpenTable is getting ready to expand into new markets later this year

OpenTable is a mobile payments program that was first announced in early February by a company of the same name. The company has been experimenting with the program for some time, evaluating its viability as a comprehensive mobile commerce service. Thus far, OpenTable has proven to be quite useful and has received support from consumers and businesses alike. The program is designed to appeal to the food service industry, where mobile commerce is beginning to see more adoption.

Restaurants are looking for mobile-centric services

Restaurants are beginning to take steps to cater to mobile consumers. These consumers are looking for ways to use their smartphones and tablets to place orders and make payments in a way that is convenient to them. Convenience is one of the major appeals of mobile commerce and those in the food service industry are looking to provide effective services that highlight this convenience.

OpenTable plans to be available in 20 large cities by the end of the year

OpenTable - Mobile Payments New YorkOpenTable has announced that it is expanding its services to New York. A number of restaurants in the state will begin making use of the mobile payments program and the company believes that its program will be put to use in 20 large cities throughout the U.S. by the end of the year. OpenTable will facilitate mobile payments for those visiting restaurants that are using the program. In some cases, consumers will be able to make payments directly from their smartphones. Some restaurants will provide a tablet device at the table, allowing customers to pay for their meals from through that device.

OpenTable to take advantage of its large consumer base in order to compete with other programs

OpenTable will be competing in a very crowded market. Mobile commerce services are becoming more common and many of these services are beginning to cater to the needs of the food service industry. In order to effectively compete, OpenTable is leveraging its already sizeable consumer base. The OpenTable application comes pre-installed on many smartphones, making it one of the most widely available, but not necessarily widely used, apps in the mobile commerce market.

Barlcays links India and the UK through mobile payments

| August 12, 2014

Barclays launches Pingit service in India to take advantage of the remittance market

Prestigious British creditor Barclays is launching a new mobile payment service between the United Kingdom and India. The financial organization sees promise in the mobile commerce space and has found some degree of success with its mobile payment services in the UK recently. India is currently the largest remittance market for the United Kingdom, with some $3 billion in payment volume reported in 2013. Barclays is working to make its Pingit service available in India in order to take advantage of the activity in the remittance market.

UK consumers show favor for the Pingit service and its ability to facilitate mobile payments

Pingit has been available in the UK for some time. The service allows consumers to spend money in a quick and efficient way using their smartphones. The service will have a similar function in India, and those using the service will be able to use nothing more than their phone numbers to transfer funds between the two countries. The benefit of the service is that neither those sending or receiving funds need to be a Barclays customer.

Mobile commerce continues to gain ground in India and the United Kingdom

Mobile Payments - BarclaysMobile commerce is becoming a powerful force in both the UK and India. Smartphone penetration in both countries is on the rise and more consumers are looking to take advantage of new services that cater specifically to a mobile audience. The demand for mobile payments services is on the rise and large companies like Barclays are looking to accommodate this demand.

Maximum payment that can be processed through the Pingit service is $2,000

According to Barclays, the minimum transaction that can be made for its Pingit service is $30. The maximum transaction is nearly $2,000. Mobile payments made through the service can take as long as 48 hours to process. After the payment is processed, those receiving funds will be able to use their money in any way they see fit. Pingit is currently one of the most popular mobile commerce services in the United Kingdom.