Categories
Close
Menu
Menu
Close
Search
Search

Featured Articles

News

mPowa mobile payment service goes live for Apple iOS devices

SuperUser Account

Share:

Print

Rate article:

No rating
Rate this article:
No rating

The mPowa mobile payment service, which was announced earlier this year, is now available on Apple iPhone and iPad devices. Individuals and organisations that want to take credit and debit card payments can download the app and register their details to receive a plug-in card reader.

There’s no cost for the app or for the reader. However, unlike some competing services, users require a merchant account with a bank. Customers with a merchant account will just pay mPowa a 0.25% transaction fee on each payment; those without a merchant account can arrange one via mPowa, paying 2.95% per transaction plus a 25p charge.

Card payments are processed using the magnetic stripe, meeting the PCI Level 1 security standard, with a ‘Chip & PIN’ device planned for later this year.

Comments

Collapse Expand Comments (1)
R Campbell

At last, mPowa is live! This is a splendid solution for small business and one man bands especially in the UK. Many people just don't carry cash anymore these days making life very difficult for small businesses that don't take credit/debit cards. This is a great article but if you want to know more about mPowa go to http://www.mpowa.com/

0
0
You don't have permission to post comments.

Opinion Articles

ExclusiveMobile payments could be on the way after all

Mark Bridge writes:

Cash is still king… but its days are numbered. That’s the message from a new report published this week by the Payments Council.

The Payments Council, which is a group of financial institutions that sets strategy for UK payments, has released ‘The Way We Pay 2010’. It shows how the last decade has seen a fall in the percentage of transactions using cash, from 73% in 1999 to 59% in 2009. In just five years time, cash transactions are expected to represent less than 50% – and a further fall to 45% is expected by 2019. Meanwhile, debit card spending in the UK rose from £65 billion in 1999 to £264bn in 2009.

ExclusiveOrange T: what should the merged company do next?

James Rosewell writes:

The merger of T-Mobile and Orange on 1st April 2010 is one of the most significant events in the evolution of the UK mobile industry since the original creation of Orange and 1-2-1 in the 90s. From now on the UK will have 4 mobile networks, and one of those networks will have ~35% of the market. A 35% market share comes with a lot of potential. Not only can standards be influenced in a way previously unimaginable in the UK, but economies of scale can be translated into profits.

ExclusiveOne trade show too far!

Iain Graham writes:

This is a true story. It may not be a particularly relevant story - but it is a true story.

I think I have just realised that I have to be serious about my new career as a Grumpy Old Man (GOM) and come to terms with the fact that it is not new, just a natural progression from so many years as a Grumpy Young Man (GYM)!

RSS
First979899100102104105106Last

Recent Podcasts

ExclusivePodcast from Mobile World Congress 2015

Mark Bridge learns about the mobile technology trends at Mobile World Congress 2015 by chatting to James Rosewell of 51Degrees, Dr Kevin Curran from the IEEE and Chris Millington of Doro.

They talk about wearable devices, wireless charging, mobile operating systems and much more... including some of their favourite products from the exhibition.

ExclusiveLooking back at February: from security scares to multiple MVNOs

We're taking a look back at the biggest mobile industry news stories from February 2015, including allegations that the UK's security service tried to breach SIM card security by hacking into one of the world's biggest SIM producers.

We also talk about the planned BT and EE merger, the creation of two new UK virtual networks, some acquisitions in the mobile payment arena and a new Ubuntu smartphone.

ExclusiveA month of mobile: O2 counts on 3, Microsoft counts to 10 and Apple counts its profits

We're back with a month of mobile industry news, including takeover talks and takeover rumours. O2 and Three are said to be discussing a merger... but is there any truth in the suggestions that BlackBerry could be up for grabs?

We also discuss Apple's record-breaking quarterly figures, the highlights of CES and the launch of Microsoft Windows 10, as well as saying farewell to the current version of Google Glass.

RSS
12345678910Last

Follow thefonecast.com

Archive Calendar

«August 2026»
MonTueWedThuFriSatSun
272829303112
3456789
10111213141516
17181920212223
24252627282930
31123456

Archive