Monthly Archives: May 2012

Sweden moving towards cashless economy

Great insight about the pros and cons of places where cash is seriously retreating. Unfortunately, not all countries in the world have the technological penetration that Sweden enjoys. Key fact: Sweden passed a law that prohibits passing any surcharge onto … Continue reading

Posted in Cash, emoney, EU, interchange fees, Mobile payments, Regulation | Leave a comment

Financial industry announces guidelines for mobile payments in Canada

Major initiative launched by the bank industry in Canada to set standards to start introducing NFC-based technology into mobile payment procedures. Canada has certainly taken a brave lead in the global market place. Lots of discussion to follow, especially with … Continue reading

Posted in Banking, Canada, emoney, Interoperability, merchants, Mobile payments, NFC, Telecommunications | Tagged | Leave a comment

Third-party provider as the key to unlocking the potential of Mobile Money

Very interesting insight into the success drivers of the business case for mobile money in Papua New Ginea. Rugged geography and poor infrastructure are fertile ground for the development of a mobile payment business model. The key in this case … Continue reading

Posted in Cash, emoney, Mobile payments, POS | Leave a comment

Mobile commerce taking off among smartphone owners

In a recent survey, 28% of smartphone users have purchased online with their device. It would seem as adoption is finally taking off but the survey also reveals that there remains various concerns among users that prevent wider penetration of … Continue reading

Posted in mobile commerce, Mobile payments, smartphones | Leave a comment

PCI: Leveraging standards to accept mobile payments

Finally industry associations are working to publish guidelines for market players involved in mobile payments. We commend the initiative by PCI to promote standards to accept mobile payments at merchants POS devices. via Leveraging PCI standards to accept mobile payments … Continue reading

Posted in Interoperability, merchants, Mobile payments, NFC, POS | Leave a comment

Canada’s Competition Bureau launches investigation into credit card market practices

Following the steps of previous attempts by other Competition commissions around the world, like Australia and some EU countries, Canada’s Competition Bureau has launched its own investigation into the credit card market. As┬ánoted in other parts of the world, high … Continue reading

Posted in Banking, Canada, competition policy, credit cards, interchange fees, POS, Regulation | Tagged , , | Leave a comment

The Future of Money and Mobile Commerce

Comprehenisve and colorful infographic on the Future of Money and Mobile Commerce…. via The Future of Money and Mobile Commerce.

Posted in Banking, mobile commerce, Mobile payments | Tagged | Leave a comment