Tag: paydiant

Mobile payments firm teams with Paydiant

| February 19, 2014

New partnership aims to accelerate the development of mobile commerce platform

MCX, a growing mobile commerce firm, has announced that it has partnered with Paydiant, a provider of mobile payments solutions. MCX has been working to develop and launch its own mobile payments platform since 2012. This platform was expected to launch in late 2013, but MCX opted to push back the launch for several reasons. In partnering with Paydiant, MCX believes that its platform can be made better and more capable of handling the needs of consumers and businesses.Mobile Payments Partnership - MCX and Paydiant

MCX to make use of Paydiant technology and services

The MCX platform is to make use of Paydiant’s cloud-based solution in order to make its mobile commerce features more robust. Using a cloud-based platform is also expected to help provide a higher degree of security to the platform, alleviating some of the concerns that consumers have in terms of mobile commerce. The mobile commerce scene has become quite attractive to hackers because many payments platforms lack the security features needed to keep financial information safe from exploitation. Lackluster security has been a major detractor for those that have been somewhat interested in mobile commerce.

Bar codes may help make platform more inclusive

The platform that MCX is developing is expected to make use of bar codes as a way to authenticate mobile payments. QR codes have been growing more common in the mobile commerce field for this purpose. The codes can be easily produced and scanned, making mobile payments somewhat more convenient. Many mobile commerce platforms make extensive use of NFC technology. There is currently a lack of NFC-enabled mobile devices available to consumers, which limits the inclusivity of many platforms.

Merchants are becoming more invested in mobile commerce

Merchants will also be able to make use of the platform from MCX. The retail sector has been growing more conscious of mobile consumers in recent years as many people begin to use their mobile devices to shop in stores. By embracing mobile commerce, these merchants may be able to remain relevant with consumers that are beginning to grow more dependent on their smartphones and tablets.

Pulse teams with Paydiant to make mobile commerce more available

| August 7, 2013

Mobile commerce expands through new partnership

Pulse, a debit and ATM network operator in the U.S., has announced its partnership with Paydiant, a mobile commerce organization. Through this partnership, pulse plans to make the Paydiant mobile wallet available to its customers. Through Pulse, Paydiant will have access to financial service firms and merchants and will be able to provide these parties with comprehensive mobile commerce services and a way to accept mobile payments from consumers.

Paydiant services to be available to financial service firms and merchants

The Paydiant mobile wallet has managed to establish a relatively strong following. The application is available to both iOS and Android platforms and is currently being used by many merchants interested in mobile commerce. These merchants use the company’s technology alongside existing point-of-sale systems, providing them with a way to accept mobile transactions coming from consumers. Paydiant has been able to compete with larger organizations in the mobile commerce sector by provide relatively easy-to-use and comprehensive services.

Mobile Commerce PartnershipMobile wallet can be configured to suit the needs of businesses

Businesses and financial service firms that make use of Paydiant’s services will be able to configure the mobile wallet to function according to their own business plans. For many financial service firms, this means that the wallet will only facilitate mobile transactions of $15 or less. Once the Paydiant mobile wallet is integrated into a business’ structure, mobile payments can be accepted from any smartphone or tablet that makes use of the consumer version of the mobile wallet application.

Mobile commerce continues to gain momentum among consumers and businesses alike

Mobile commerce is becoming more important for both consumers and businesses around the world. Consumers favor mobile payments because they represent a more convenient form of commerce. Businesses are beginning to embrace mobile commerce due to the acceptance it has received from consumers as well as its economic prospects. There is a wide variety of mobile wallets available to consumers today, but none have yet to establish a dominating presence within the mobile commerce sector.