This intuitive e-book delves deep into the core of what it means and how to properly manage mobile commerce. With emphasize on real-world applications, this white paper aims to help organizations dissect the various steps need to properly understand the digital landscape and how to profit from it.
Ranging in topics from how to craft a vision for mobile to understanding the detail oriented information needed to successfully launch a mobile commerce campaign, this e-book lends itself as a great read and provides invaluable tips and recommendations.
Have a look over at pymnts.com, enjoy!
With a focus on corporate treasury clients, global financial services provider Bank of America Merrill Lynch recently launched an iPad application for this customer segment, leveraging the Paymode-X system.
Executive managers, by integrating the iPad application, can now gain access to corporate payment information while completely staying mobile. This gives them more autonomous workflow and complete control of all decision-making while traveling.
Collaborative payment provider Bottomline Technologies created the robust Paymode-X platform, which couples purchase order input, billing and payment acquisition all in one program. Connecting users to a private network of over 185,000 suppliers that enable and accept electronic payments and invoices. In 2011 alone, Bank of America Merrill Lynch clients processed well over 88 million transactions with a worth of USD 126 billion dollars through Paymode-X.
Canadian technology conglomerate RIM has been fighting to catch up with both 3G and 4G network adoption, and so we’re happy to see them take a leadership position when it comes to the developing LTE network.
It is a little known fact that RIM is currently working on prototypes of both the Playbook series and Blackberry 10 gamut of products that host LTE functionality. These new products are set to launch towards the end of 2012 and will be the most encompassing collection of devices using LTE to date.
LTE is a wireless data communications technology standard and is considered the world’s first truly global network platform. LTE stands for Long Term Evolution and is set to take the lead of the current 3 and 4G networks as the fastest most efficient alternative.
The US-based service provider for mobile billing has launched a new international program geared to money transfers, and will require the authentication process to include fingerprint scans and utilize NFC technology.
In its initial launch the program is being labeled “Via” and will allow mobile operators to receive international money transfers to subscribed mobile wallet users world-wide. Point-of-sale terminals will be able to connect users through NFC and integrate the fingerprint scan as an added layer of security.
Via mobile wallets can be deployed by any number of operators and be supported by any NFC enabled device. Via will be first introduced to the Asia- Pacific, Middle East and African markets.
Large scale U.S. department store Target has teamed up with Shopkick to offer an application for at-once, location-specific rewards nationwide, letting consumers earn Shopkick points while perusing store aisles.
Shopkick’s basic premise is in delivering a mobile platform that can integrate into any participating retailer’s brick-and-mortar shopping experience, deliver at-once rewards, highlight featured products, give users access to specials, and discounts otherwise not promoted.
Molly Snyder, a Target spokeswoman had this to say: “Target recognizes that our guests are tech-savvy shoppers. People appreciate getting good deals.”
As for the initiative itself, consumers can enter a Target store, log-on to the Shopkick app on their device and shop as they normally would all while receiving updates and points (dubbed “kicks” in Shopkick speak) through the open application. Consumers can then redeem their “kicks” at Target itself or other participating retailers on the Shopkick platform.
In more remote island news, Vodafone has launched a new payment platform geared to the Australasia region in support of providing more access to mobile and e-commerce systems.
M-PAiSA will launch in New Zealand first, and has been adopted by the online shop www.onlydeal.co.nz as their central payment system. Users who are subscribed to the website will be able to receive targeted text messages and e-mails offering daily specials.
This platform will also enable the use for island goers on Fiji to access various Australasia-based online shops and provide for secure online and mobile payment options.
Talbots Inc. posted first quarter results ending April 28th with positive year-over-year comparatives. The company cited a tightening of the bottom-line and operating costs, improved merchandise mix, and retail location rationalization.
Trudy F. Sullivan, Talbots President and Chief Executive Officer, commented, “We are pleased to have achieved profitability in the first quarter, driven by improved merchandise margin compared to the prior year period as well as strong inventory and expense management. Overall, we continue to focus on further enhancing our product, re-engaging with our core customer and executing our key strategic initiatives as the Board continues to actively explore a full range of strategic alternatives.”
The company continues to evaluate strategic avenues to maximize shareholder value. An extension was granted for the exclusivity period that Talbots had entered with Sycamore Partners for a non-binding proposal to acquire all of Talbots’ outstanding common stock for USD $3.05 per share. Additionally, the Board of Directors continues their search for a successor to the current President and Chief Executive Officer.
Vantiv, a payment strategy and technology company has teamed up with global payment services provider Ingenico, to complete a Class A certification of the Telium series of POS terminals. Additionally, it was cited that a large US-based payment processor has selected the Telium series with Vantiv point-to-point encryption (P2PE).
The certification will cover many product extensions within the Telium device family, including countertop terminals iCT220 and iCT250, wireless devices iWL220 and iWL250BT and pin pads labeled iPP220 and iPP320.
Vantiv will handle all P2P card data encryption services in order to enable merchants the ability to accept various electronic payment methods including EMV, NFC, contactless and magnetic stripe cards.
Tonga, a tiny pacific-based island, will become one of the few countries to officially adopt wide-scale NFC payments. Local service provider Digicel launched a service called “Beep and Go” that works with NFC enabled phones and stickers along with the carrier’s current Mobile Money remittance service and Verifone’s mWallet Technology.
Fifty businesses nestled in the countries’ capital region of Nuku’alofa are set to test the launch and been equipped with Verifone’s mWallet NFC payment terminals. The plan is to roll out to hundreds more businesses throughout the year and bring the entire country online with an encompassing NFC payment platform.
This new service follows on the heels of a recent launch to allow New Zealanders the ability to transfer money to Digicel users directly through the Beep and Go platform. With NFC capabilities, Digicel customers will be able to use transfer funds to make purchases or exchange for cash all through the use of an NFC enabled phone.
The scope of payments and currency exchange continue to be pushed forward with emerging technology and the arrival of NFC. Countries like Tonga are demonstrating the ability for even smaller countries to be a part of this evolution.
Due to the emergence of online and digital couponing, First Data has released a new case study to allow insights into how to incorporate and leverage digital platforms to connect offline and online commerce.
The whitepaper aims to demonstrate a clear basis for a working platform and how to:
• Integrate mobile, Internet, and in-store shopping experiences;
• Entice and connect shoppers with offers that don’t need printing to be used;
• Track and trace when offers are redeemed;
• Optimize all offers in real-time with the use of robust analytics.
Going further, the study highlights and points to how merchants can interface with current POS, gift cards and other couponing activities and go digital.
For more information, please view the whitepaper here.