Archive for the ‘Payments’ Category

  • Google plays well with direct operator billing

    on Dec 18, 14 • in Billing, Billing Driven Opportunities, Digital Content, Payments, Slider • with No Comments

    Google plays well with direct operator billing

    When you hear the name Google, many things come to mind. It could be the ubiquitous search engine, Android mobile phones, cloud applications and services or even that less-than-stellar movie The Internship. And now you can add direct operator billing to the list of terms associated with the behemoth tech company. Yes, Google is making it a point to sign up operators en masse and pass along the many benefits of this billing model to customers. Why you ask? Could it be out of the kindness of Google’s heart? What’s more likely is with the

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  • Mobile payments – Tibet leads the way

    on Dec 12, 14 • in Opinion, Payments, Slider • with No Comments

    Mobile payments – Tibet leads the way

    Unlikely as this may sound, remote regions of China are seeing the fastest, in some cases amazing, growth in mobile payments. Over half of Tibet’s online purchases are made using mobiles. This according to Alipay, the payments part of Alibaba, the Chinese social media and e-commerce giant recently listed on the New York Stock Exchange. Ignoring that irony and any comments about monopolies that might spring to mind, Alipay now has 300 million subscribers. Clearly, in China, whatever the question online, the answer is Alibaba. This might come across as quite calming news. Everyone in

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  • Mobile payments cross digital divide

    on Dec 5, 14 • in Beyond Billing, News, Payments, Slider • with No Comments

    Mobile payments cross digital divide

    It is often the quiet ones that make the biggest steps. And Bango is not necessarily a company you would think of when reviewing a list of billing companies. The company has teamed up with Cardmobili, a digital wallet company that focuses on loyalty services to provide operators with the ability to increase the payment options available to their customers. Now the in-app payment platform that Bango is deploying around the world with operators can be used in-store as well. And the Cardmobili angle means that customers will be rewarded for the pleasure. This is

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  • A bank that pays its customers

    on Dec 4, 14 • in Beyond Billing, Payments, Slider • with 1 Comment

    A bank that pays its customers

    How many banks do you know that share their massive profits with their customers? None? Well now we can add one to that lonely list. Tigo Pesa, a mobile money service of Tanzanian operator Tigo, is sharing its profits with individual customers as well as the agents who take money from customers and credit their accounts. For the July-September 2014 quarter, that amounts to a healthy $1.8 billion. This payout comes just a few months after Tigo Pesa shared a staggering $8.6 billion with its 3.6 million subscribers. The reason the first payout was so

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  • M-PESA – ready for Europe?

    on Nov 25, 14 • in Payments, Slider • with No Comments

    M-PESA – ready for Europe?

    For several years now we have been pointing at M-PESA as a beacon of a successful money transfer solution. For almost as long, we have been pointing at M-PESA and saying ‘that is all well and good, but it could only work in parts of Africa. Oh, and other regions with low banking penetration.’ Now, though, it is in Europe. The focus recently has been on mobile wallets in ‘developed’ regions. Payments solutions and even the ‘payments experience’ is now under the microscope, and rightly so. But we must not forget M-PESA and other solutions that

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  • On the spot with Subex

    on Nov 21, 14 • in Analytics, Billing, Payments, Privacy & Security, Slider • with No Comments

    On the spot with Subex

    At the recent Subex User Group conference I did a presentation that covered everything I thought was interesting or disruptive in the communications world over the next few years. Getting slightly distracted and carried away by a thesis on mobile payments, which I believe will be an extraordinarily interesting ‘arena’ to watch, I ran over time. Therefore there was no time for questions. Thinking I had got away ‘scot free’ I flew back to Scotland. Only to be asked whether I would answer some of the questions in the form of an article. So, here goes: Question: With

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  • Is the bank branch dead?

    on Nov 17, 14 • in Payments, Slider • with No Comments

    Is the bank branch dead?

    One of the most contentious subjects in UK retail banking is around branch closures. According to the Campaign for Community Banking Services, more than 8,000 UK bank branches have closed since 1990. This decline will continue (Lloyds has announced they are closing 200 more branches although curiously they are opening 50!) and potentially accelerate because of the dropping footfall in branches. It’s not news to learn that customers are increasingly using online banking and mobile apps to manage their accounts and inevitably this leads to less branch visits. For many bank customers the branch is

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  • Retailers look for a beacon this holiday season

    on Nov 13, 14 • in Beyond Billing, Payments, Privacy & Security, Slider • with No Comments

    Retailers look for a beacon this holiday season

    Halloween was a couple of weeks ago, and that can mean only one thing: The holiday shopping season is now upon us! Holiday lights, decorations and gifts have already been spotted on the shelves of many retailers, and that will only ramp up to a frenzy over the next few weeks. Many consumers will take advantage of mobile payments as they shop, helped in no small part by Apple Pay. But while mobile payments are a good alternative to cash and credit card payments at the point of sale, they don’t change the actual in-store

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  • Banks, legacy systems and a one-view wonder

    on Nov 3, 14 • in Beyond Billing, NFC, Payments, Slider • with No Comments

    Banks, legacy systems and a one-view wonder

    Amongst the heap of supplements that make up the modern Sunday newspaper (paper version, online versions available), was one called ‘We have lift off – plotting the best route through the crowded payments space.’ Amongst stories of the French being able to tweet money, Bitcoin – not to be confused with bitcoin (the currency itself) – and the clash between Apple Pay and MCX (more anon) was a headline that brought flashbacks. ‘Banking platforms:’ went the title, ‘the unwelcome legacy.’ The first line was even more hallucinogenic. ‘Creating a single point of view of the

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  • P2P payments hit the jackpot

    on Oct 30, 14 • in Beyond Billing, NFC, Payments, Slider • with No Comments

    P2P payments hit the jackpot

    With all the hype about Apple Pay and whether or not it will be a huge success – recent news about some merchants shutting it off notwithstanding – people are finally looking at mobile devices as a viable way to pay for goods and services. It’s been a slow march to get to this point, but with millions of new iPhones able to make payments at thousands of locations, along with Android and other NFC-enabled devices and mobile wallets that have been doing it for years, we may finally have reached critical mass on mobile

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