Tag: android mobile payments

Android Pay may become the leading mobile payments platform

Report suggests that Android Pay could be out competitors in the mobile payments space

Android Pay is expected to become the leading mobile payments tool in the coming years, according to a report from Digitimes Research. Android Pay was initially released in September of this year and serves as Google’s latest mobile payments solution. Google had released a payment platform years ago, called Google Wallet, but this platform has struggled to find traction with consumers. The company does not have plans to kill Google Wallet, with Android Pay working alongside the platform.

Apple Pay may fall behind Android Pay when it comes to supporting consumers interested in mobile payments

Google’s latest payment solution is competing with Apple Pay for the favor of consumers. According to Digitimes Research, Android Pay has three major advantages over its competitor, with the first being that more banks and retailers are willing to embrace the solution. More consumers are also expected to have Android devices as opposed to iOS devices, with Android accounting for 75% of global smartphone shipments in 2015. The accessibility of Apple Pay is somewhat limited, as the platform is only available to those with high-end iOS devices.

Lack of administrative fees make the solution attractive to retailers and banks

Mobile Payments - Android PayOne of the greater advantages of Android Pay is that users, banks, and retailers are not required to pay a service or administration fee for using the solution. This has made Android Pay very attractive to businesses interested in mobile payments. Android Pay also supports multiple identification technologies, including biometrics, that make transactions more secure. The solution also recognizes graphics, such as QR codes, making payments more convenient for consumers.

Heightened security makes Android Pay more attractive

Android Pay’s focus on security may become one of the major benefits of the platform. Security has long been an issue facing the mobile payments space, with many consumers opting out of mobile commerce over fears that their financial information would be compromised. Google’s approach to the security problem is heavily focused on protecting consumer information, which has made it very popular among consumers interested in mobile payments.

Mobile payments firm partners with mobile gaming company

mopay makes a deal with Chukong Technologies.

International mobile entertainment platform company, Chukong Technologies, recently signed a global carrier billing contract with international mobile payments platform, mopay, which will enable the Beijing-based company to offer its consumers the option of paying for digital goods and services through the consumer’s telecommunication’s company invoice.

Chukong gives app developers the ability to develop, publish and monetize their content.

Developers of mobile entertainment around the world can benefit from the innovative Chukong mobile entertainment platform. The company offers developers a complete set of solutions and services that give them the ability to develop popular content, publish it, and monetize it with ease, so they can give mobile users an extremely engaging mobile gaming experience.

Now, among the different services and solutions it offers, according to the Business Wire press release, Chukong “has decided to integrate mopay’s Android software development kit (SDK) solution as an essential element in the overall billing module for game developers worldwide. The mopay interface will serve as Chukong’s Android default solution for a consumer that wants to pay for digital goods and services via carrier billing.”

The Chinese company has chosen mopay’s Android carrier billing solution to serve customers who want to pay thorough their mobile phone bills. Integrated into Chukong’s general billing module, mopay supports the regional billing methods that are the most popular for every one of its publishing territories.

Mobile payments - carrier billingmopay CEO Ingo Lippert said that the company is proud to be the carrier billing partner that was chosen by one of the most successful and innovative mobile app firms in Asia.

mopay is a worldwide leader in ground-breaking online and mobile payments solutions.

The company’s platform allows sellers of physical, virtual and digital goods to directly bill charges to a customer’s mobile phone and/or landline account. Operating in over 80 countries throughout the world, the company serves more than 4.3 billion consumers.

Chukong Technologies is striving to become a top digital distribution company and is presently working on growing its partnerships and infrastructure to improve its business opportunities. For leading Chinese mobile content developers, the company has become a trusted publishing partner. Last year, in China, it was responsible for publishing three of the top four mobile games. The new mobile payments partnership is only likely to benefit the company’s goals further.