The Credit Card Is The New App Platform. To Modernize The Checkbook, Zipmark Launches Developer Platform For Mobile Payments. Following its recent raise of $2 million in seed funding, the still invite-only mobile payments startup Zipmark is today announcing the launch of its developer program and API.
The New York-based company, founded in 2010 by Citigroup alum Jay Bhattacharya and CTO Jake Howerton, leverages the existing check processing network to allow users to avoid credit card fees while also eliminating the risk of bounced checks. The way Zipmark works is this: Users connect their “real” checking account to the service, which they can then use to pay bills and invoices or send money to friends. Because the Zipmark works over the existing check processing infrastructure, Zipmark doesn’t need to hold onto the funds in the cloud for an extended period of time while the transactions are verified. Instead, the money clears a user’s account on the next business day. Self-Serve: Chase Bank Allows Users to Create Their Own Billpay "Proof of Payment" Letters. Www.firstdata.com/downloads/thought-leadership/cc-trends-wp.pdf. Business. Splitable. MasterCard starts piloting QkR mobile payment app. MasterCard isn’t standing by while rivals such as Visa and American Express move forward with their own wallet apps.
The credit card company is rolling out the first trial of its QkR mobile application, a mobile payment app that allows people to interact and initiate payments via QR codes, NFC tags and other technologies. MasterCard is working with Australian cinema chain Hoyts and Commonwealth Bank on the first pilot of its QkR app (pronounced quicker), which I first wrote about in September. Visitors to high-end Hoyts movie theaters will now be greeted by QR codes and NFC tags on their seat armrest. Using the QkR app, available on both iPhone and Android, they can scan the QR code, manually enter in the code or tap their NFC-enabled phone on the NFC tag, which pulls up a menu of food items. Users can then pay with a preloaded credit or debit card and their food will be delivered right to their seat. It’s a nice way to avoid lines and get some better service in a movie theater.
Card.io - Scan and charge credit cards with your phone. No More Swiping: Card.io Launches New Consumer App, Developer Tools Which “See” Your Credit Card. Card.io, the toolkit for mobile app developers which lets users pay for items by holding their credit card up to the phone’s camera, is today launching a consumer-facing app.
It’s something like Square, but without the dongle. It’s also not aimed at merchants, as Square is. Instead, the new Card.io applications, available for both iPhone and Android, are meant for person-to-person payments. Digital Payments Innovator Jumio Raises $25.5 Million. Kicking off the new year with a fresh wad of cash: according to an SEC filing, mobile and online payments startup Jumio has raised $25.5 million in funding on top of the $6.5 million it raised from Facebook co-founder Eduardo Saverin – and others – back in March 2011.
Jumio confirmed the financing round but declined to provide more details (which investors participated and what they plan to use the additional capital for) at this time. The startup’s twist on helping e-merchants process card payments digitally is to leverage webcams (and smartphone cameras) to read credit cards rather than making people enter their details or swiping their cards. Its solution, called Netswipe, in other words turns phone cameras and webcams into credit card readers. Jumio was co-founded by Daniel Mattes, who sold his latest company, Jajah, to Telefonica for $207 million. Mattes is called the “Bill Gates of the Alps” in some parts. Good to see a European entrepreneur swing for the fences once more. Jumio - Fast and Secure Payments. The receipt revolution! I am mad about receipts. As I have written before: - The receipt is the perfect example of a broken experience, as defined by Seth Godin.
Seth Godin at Gel 2006 from Gel Conference on Vimeo. Look at any typical receipt and you would have a hard time understanding most of it. Batch numbers, RRN, Terminal Id, Merchant #, and other random pieces of numbers and letters. But improving the receipt is not just about making it more clear, sending it by email, putting it on the web… Making receipts an experience may become a key aspect of mobile payments.
One of the goals of Square (and Card Case is a first step in this direction) is to change the payment experience: “This is truly the most seamless way to pay,” said Megan Quinn, director of products for Square. Square’s “magic” has nothing to do with its dongle but is with its capacity to be the first coherent and complete link between the merchant and the customer. Receipts are also the best resource to create community of users around products. Etude : les moyens de paiement alternatifs. Les Moyens de Paiement Alternatifs sont tous les modes de paiement autres que les moyens de paiement traditionnels (cartes bancaires, chèques, prélèvements et virements).
Une étude réalisée par ADN’co pour Limonetik montre que les Moyens de Paiement Alternatifs, préexistants dans le commerce physique, se développent en ligne avec la généralisation du e-commerce et la diversification des pratiques d’achat. Ils devraient représenter près de 25 % des transactions online en 2015. La bataille de l’innovation sur le marché des paiements. Le parcours client.
Payment Processing 101. Electronic payments (credit cards, debit, bank to bank transfers, etc.) are quickly displacing cash and checks as the preferred way to pay.
Cash use is expected to drop by approximately $200 billion over the next five years. The growth of electronic payments makes it important to understand how credit card processing works. Payments Ecosystem: Online, In-Store, and Mobile Payments Market. Intuit GoPayment Now Allows Merchants To Receive Money On A Prepaid Visa Card. Intuit has made an interesting move today with its mobile credit card reader GoPayment reader.
Intuit is allowing merchants to keep and receive funds on a prepaid credit card as opposed to depositing the amount in a bank account. Launched two years ago, GoPayment offers a complimentary app and credit card reader to allow small businesses to conduct charges via their smartphones. GoPayment, which competes directly with Square, is available for iOS, Android and Blackberry phones and the card reader simply plugs into the audio jack of a phone or tablet. The credit card data is also encrypted, (and never stored on the phone). Similar to Square, the GoPayment mobile payment app is free and the basic service has no monthly, transaction or cancellation fees, and offers a 2.7 percent rate for swiped transactions.
Brèves : Boursorama, First Direct, AmEx, Generali, SEQR. L'actualité récente a encore été riche d'annonces dans le secteur des paiements sur mobile mais les "vraies" nouveautés se font malgré tout plus rares, ce qui est probablement le signe d'une maturité (enfin) proche.
CaixaWallet revisite la carte bancaire virtuelle. Argent : "Une génération pour qu'un nouveau moyen de paiement s'impose" Accueil > Actualité économique Par cBanque - Jeudi 15 décembre 2011 à 10h27 Parole d'experts - Mots-clés : Banques, Frais bancaires, Internet, Japon, Moyens de paiement, Royaume-Uni, Téléphonie. © pressmaster - Fotolia.com Il ne se passe pas une semaine sans qu'une nouvelle initiative apparaisse dans le domaine des moyens de paiement électroniques.
Nous avons fait le point avec Guillaume Almeras, directeur banques au sein du cabinet de conseil Compass MC France et auteur d'une étude sur la question.
Paiement mobile. Dwolla. Paypal. Les nouveaux moyens de paiement: une source de bouleversements à venir dans les 5 ans. Mobile Wallet.