Mobile Wallet Model vs. 4 Different Mobile Payment Models


Columnist Alistair Fairweather recently published an article detailing 4 different Mobile Payments Models. With one caveat, the analysis is one of the best-written and most succinct written on the topic to date; a must read for anyone who wants to take a crash course in Mobile Payments. Mr. Fairweather clearly indicated that his list was … Continue reading Mobile Wallet Model vs. 4 Different Mobile Payment Models

According to Carriers: “NFC…Just About to Explode.”


Yesterday, Andrew Johnson  of American Banker magazine (and PaymentSource) interviewed ISIS head of marketing Jaymee Johnson (no relation).   In the article published today, Johnson said: “The handset pipeline around NFC is basically just about to explode,” Jaymee Johnson, ISIS head of marketing, said in a June 22 interview. “That will change pretty dramatically … by the early … Continue reading According to Carriers: “NFC…Just About to Explode.”

Google ‘Wallet’ Will Be More Secure Than Plastic Credit/Debit Cards


Yesterday, the Google Wallet was announced.   given that security has always been the number one concern of consumers, the most important question on people’s mind is, “will it be more secure?” The short answer is: Yes. Here’s why:   a Smartphone can be secured on the network of your bank, or the network of your credit … Continue reading Google ‘Wallet’ Will Be More Secure Than Plastic Credit/Debit Cards

Google, Mastercard, VeriFone, and (Many) Others Create a Third Mobile Commerce Format


Mobile commerce in the United States will have three Mobile commerce products,  each with similar features, similar benefits, similar functions.  However, all three have different sets of partners,  operate on at least two different types of networks, and will certainly have three different delivery systems.   It’s like a triangular boxing ring with the  boxer in … Continue reading Google, Mastercard, VeriFone, and (Many) Others Create a Third Mobile Commerce Format

VeriFone Defines Next Generation of Mobile Commerce Services with PAYMEDIA


VeriFone has crystallized its long-term position in a pivotal announcement today about a new product determined to put the VeriFone POS devices at the coveted center of payments, loyalty, and mobile commerce industries.  As reported by American Banker this morning, VeriFone’s new service is called, “PAYMEDIA Solutions” and it appears to have the feature-rich experience … Continue reading VeriFone Defines Next Generation of Mobile Commerce Services with PAYMEDIA

Will Retailers Use “Tender Steering” to Control Interchange Fees?


A process called “tender steering” is new to most retailers.  It means that a retailer can provide incentives to customers to use a particular type of card to pay.  This method could give retailers the power to drive interchange rates down by driving customers to some types of cards and away from others. You might … Continue reading Will Retailers Use “Tender Steering” to Control Interchange Fees?