Tag: mobile transactions

Mobile payments software deployments just revealed by Isis

| September 11, 2013

A number of software providers and payment terminal manufacturers have just agreed to integration.

According to an announcement from Isis, a number of new terminal manufacturers and software providers have now committed to integrate the Isis SmartTap mobile payments option into their own products.

This is considerable news as Isis has also recently revealed that it intends to launch nationwide this year.

The SmartTap protocol is only the latest of the proprietary mobile payments software specifications being used by this smartphone wallet service for leveraging NFC technology. These deployments are expected to cover a broad range of different offerings at the point of sale, according to Isis. This includes everything from unattended solutions such as vending, to point of sale terminals with high end integration.

Isis mobile payments users will be able to pay at a terminal or NFC reader that is supported.

Isis Mobile PaymentsWhen the SmartTap protocol is supported by a payment terminal or an NFC reader, it makes it possible for users of the Isis mobile payments wallet service to be able to pay for their purchases, redeem offers, and present loyalty cards within a single transaction, using a smartphone.

According to the Isis chief sales officer, Jim Stapleton, in a news release that was recently issued, “NFC is the international standard for mobile payments.” Stapleton added that “The proliferation of SmartTap capabilities at the point of sale takes mobile payments one step further, providing rich commerce features that offer an effortless consumer experience and drive engagement and loyalty in a way previously not possible.”

Providers that support the capabilities of SmartTap are making it possible to enable mobile payments and commerce in a broad spectrum of different environments, such as at gas pumps, public transit systems, vending machines, taxi cabs, supermarkets, retail stores, and restaurants.

Among the latest partners that are integrating the mobile payments capabilities of SmartTap into their product lines are On Track Innovations Global, Uniform Industrial Corp, PAX Technology, ID TECH, and XAC Automation corp. Those that have already integrated the capabilities into their point of sale offerings include VeriFone, Gilbarco Veeder-Root, Equinox Payments, Ingenico, and Wayne, A GE Energy Business.

Mobile payments test to be launched by banks in the Netherlands

| September 5, 2013

The trial is scheduled to run for three months in order to investigate its potential successes.

A number of banks in the Netherlands, including Rabobank, Amro, ING, and ABN, are working with MasterCard, the city of Leiden, and KPN (a mobile operator), in order to launch a new mobile payments program.

According to a news release, it will involve the participation of 150 different businesses in the city.

The mobile payments trial will also include 1,000 customers. It started on September 2 and will be carefully monitored by all of the involved parties to examine its potential in the country. In order to help to prepare for the program’s soft launch, UL, a security transaction provide, gave its assistance.

Participants in the mobile payments trial will be provided with the technology they need to use it.

mobile payments and bankingThese 1,000 individuals are being given free Samsung Galaxy Express devices that have their own banks’ app pre-loaded for their use. This helps to make sure that the participating banks, city, and other organizations will know that the participants have the necessary devices and applications to be able to use the mobile payments transactions when they want to.

According to the partners within the news release, “An extremely varied selection of businesses are taking part, ranging from smaller shops to large retail chains, including department stores, supermarkets, retail outlets and bars and restaurants.” This will help the organizations to be able to gain a better understanding as to when and where the mobile payments are being used by the participants in the trial program.

It was also pointed out that the Dutch railway company, NS, as well as the shops within the city’s railway station will also be taking part in the introduction of the mobile payments solution. The news release explained that “After the introduction period, each bank will determine individually whether, and how, it will offer this form of payment to customers.”

Many countries are beginning to make broad scale efforts to introduce mobile payments and encourage the use of these transactions so that they can take even greater steps toward cashless societies.