The online cash payment provider is now entering into the smartphone transactions with this deal.
Ukash, the online cash payment provider, has now announced that it is partnering up with ZapZap in order to provide smartphone using consumers with a mobile wallet that will allow them to manage and spend their vouchers from Ukash even if they aren’t sitting in front of a PC.
The combination of services from these two companies provides a powerful mobile payments opportunity.
The free ZapZap mobile wallet application that is available to users of smartphones based on Android, iOS, and Windows, for free. This mobile app gives its users the ability to receive and send money from any of their smartphone contacts, including their friends on Facebook. It functions by giving its users a stored value and balance of their funds on Ukash.
This mobile wallet also gives users the chance to send and receive funds to their contacts anywhere on the globe.
This type of mobile payments transaction can be sent or received from any place in the world. It also gives users the opportunity to create Ukash codes so that they can use them at online shopping websites in order to make purchases without having to enter their credit card numbers into the site through the use of their smartphones. This could be an appealing function for individuals who are concerned about mobile security. That said, it is also possible to use ZapZap MasterCards that are available through the free mobile app.
In order to use the service which combines the abilities of both of these companies, customers need to download the ZapZap application onto their smartphone. From there, they can proceed to load their device mobile wallet with funcs through the use of Ukash. That part of the service is currently available to device users throughout the United Kingdom, Europe, and the Nordic countries. Doing this involves the use of the smartphone camera in order to scan their Ukash voucher codes. The voucher is then automatically loaded into the wallet so that it can be either spent while shopping online, or transferred to friends and family worldwide.
Telecom prepares to launch a new mobile commerce service that will head to China before breaking into other markets
LG Uplus, a telecommunications company based in South Korea, has announced that it will begin offering a new mobile payments service in foreign markets. The first market tor receive access to the new service is China, where mobile commerce adoption is accelerating. Demand for new services is on the rise throughout Asia, powered by the growing adoptions of smartphones and tablets. New devices are coming to the market pre-equipped with mobile shopping and payment applications, further exposing people to the concept of mobile commerce.
Paynow service aims to provide consumers with more convenience in their mobile shopping
The Paynow Plus service is being upgraded in order to make it more capable of handling the needs of mobile consumers. The service is equipped with personal authentication options, allowing users to keep their financial information secure. It is one of the first mobile payments services to successfully pass South Korea’s Financial Services Commission review, meaning that the service complies with the financial and security regulations that the country has in place.
Simplicity often determines the success of mobile commerce services
Consumers are not only interested in mobile commerce services in general. They want to use services that are simple and convenient. Platforms that have proven difficult for consumers to operate have failed to find success in the mobile commerce space. Those that have set convenience and simplicity as a priority have managed to attract strong support from mobile consumers.
Paynow may be able to compete with well established platforms in China
China is one of the most active markets in the mobile space. The country is filled with mobile payments services, all of which are competing with one another for the attention of consumers. Companies like Alibaba and Tencent have established a strong presence in this sector, which may make it difficult for the Paynow service to find traction with new consumers. Despite this, LG Uplus believes that the service will be welcomed to those seeking alternatives to the mobile commerce solutions that already exist.