Posts Tagged ‘ mobile payment ’

Twitter inventor Dorsey proposes mobile payment system

Twitter inventor Jack Dorsey has proposed his new mobile payment system ‘Square’ at the LeWeb09 event.

Square uses a small device which can be plugged into the headset connection of your iPhone, allowing your mobile device to turn into a credit card reader.  Zip your credit card through the small sweeper and it transmits the encrypted data via WiFi or 3G to the Square systems, where the actual payment takes place.  Via your touch screen you can add your signature.  Afterwards, a confirmation of the payment is received by mail and by SMS.

See it in action here:

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Transactions of mobile money rise in Europe

 

Both mobile operators and banks are turning to mobile transactions to foster loyalty and drive revenues, according to a new report from Frost & Sullivan. Ranging from vouchers and bank balance checks to remitttance and top-up payments, mobile money is finally coming to fruition in both the banked and unbanked sector, while near field communication (NFC) promises to be the pot of gold at the end of the rainbow, claims F&S.

The report – Money in Mobile – European Transactions – estimates the mobile money market in Western Europe to grow to 4 to 5 billion Euros by 2013. The research examines both the banked and unbanked sectors and segments mobile money into four areas, namely: non-NFC based m-payments, mobile banking, remittance, and NFC based m-payments.

Continue article here

Mobile app to facilitate SMS Parking

Mobile-for, the Belgacom affiliate responsible for the SMS parking services in several Belgian cities, has launched a mobile application to facilitate this service.  The app, which can be tested in Leuven as from October 2009, can be downloaded on all Google Android enabled smartphones (which kinda limits the testing audience…)  In the coming months however, the app should be available for other smartphones, such as iPhone and Blackberry.

With the app, the user doesn’t have to sms his licence plate any longer.  He also knows the remaining parking time at all time.  The next release will also give GPS coordinates for the nearest parking automat and the occupancy status of parkings in the neighbourhood.

Early 2010, they will start a pilot project to pay your parking ticket through Ping.Ping’s NFC (Nearest Field Communication) technology.

sms-parking-leuven

Nokia announces mobile payment service Nokia Money

Nokia has announced a new mobile payment service, under the name Nokia Money
The service is targeted mainly at countries with a limited bank infrastructure. Argumenting that there are 4 billion mobile phones worldwide, compared to only 1,6 billion bank accounts, Nokia considers the mobile phone as the perfect device to facilitate a payment or a money transfer. 

Nokia will be using the tchnology of Obopay, a company they acquired recently.   To use the Nokia Money service, one must have an Obopay account on which money has been transferred.

The service will be available in certain markets early 2010.

Belgacom and Alcatel-Lucent collaborate on mobile payments

Belgacom and Alcatel-Lucent are going to collaborate on a new business model for mobile payments via PingPing and the contactless services of Touchatag.   PingPing has recently been launched by Belgacom for mobile payment services, while Alcatel-Lucent developped Touchatag to offer Near Field Technology (NFC) technology.   The goal is to develop new applications for mobile payments.  Before the fall of this year, they hope to finish a system allowing a contactless card or a NFC-enabled mobile phone to give access to a large range of services.

Church group collects charity by SMS

In the past, we’ve seen good and bad examples of the relationship between the Church and SMS.
Here’s another good one from The Netherlands.

The group Kerk in Actie (Church in Action; part of the Protestant Church) is collecting charity money by SMS.  Since last week, a radio commercial urges people to send a premium SMS message with the text ‘Noodhulp’ to the shortcode number 4333, which costs 1,50 euro per message.  The revenue will be used to help victims of the civil war in Sri Lanka, more specifically for food, drinkable water and housing in the area.

church-charity-sms

SMS Parking: Schaarbeek in, Gent out

Paying your parking ticket by SMS; it’s one of the most successful examples of SMS payment in Belgium.
Especially in Antwerp, where it was first introduced, it’s been a success.

Ghent followed soon after, but the service there has now stopped, after experiencing technical problems since February.   NCS Crandy, the company behind the service in Ghent, has given up and has removed all stickers from parking automats.  Apparently, the service hasn’t been available since March 17 already.  The complicated system caused the service to be a lot less successful than in other cities.

But good news: Schaarbeek is now the first community in the Brussels area to start offering the SMS parking service.   Proximus clients will be charged for their parking ticket directly on their mobile invoice or deducted from their call credit.  Mobistar and Base subscribers will receive a separate invoice.

Among other cities that offer parking by SMS are Hasselt, Bruges and Tienen.
Many other cities are introducing the service in the coming months, such as Leuven (May) and Heusden-Zolder (July).

parking