Latest Podcast



Featured Articles

Thursday, February 23, 2012

New BOKU hybrid account offers mobile NFC and conventional debit card payments

In the last few days we’ve had mobile payment news from Barclays and the Payments Council. Today comes the launch of a product from BOKU that involves a MasterCard debit card and a mobile phone.

BOKU is best known for its work with online merchants and mobile operators, enabling customers to make purchases that are charged to their mobile phone account. It’s now launching a new global mobile payments system that allows shoppers to use their mobile phone as a wallet.

The new BOKU Accounts payments system will be available to mobile network operators. Customers of participating operators will be given an online account, a mobile app, a MasterCard debit card and an NFC sticker that acts as a duplicate debit card. They’ll be encouraged to attach the sticker to their phone, turning any device into a ‘mobile wallet’.

Topping up the online account will add funds to the MasterCard debit card, enabling the conventional card or NFC sticker to be used at retailers. Customers will also be able to transfer money to other BOKU account holders.

The BOKU system will be demonstrated next Monday and Tuesday at Mobile World Congress in Barcelona. It’s expected to be available in the UK after Easter.

Payment service provider WorldPay was recently announced as the latest organisation to select BOKU as its mobile payments partner, which means WorldPay’s merchants can now enable their customers to pay for purchases via their mobile bill.

Print
Author: The Fonecast
1 Comments
Rate this article:
No rating

Categories: Applications, NewsNumber of views: 11001

Tags: uk nfc payments mastercard worldpay boku

1 comments on article "New BOKU hybrid account offers mobile NFC and conventional debit card payments"

1
0
Avatar image

Jay G

3/3/2012 9:06 AM

BOKU's new mobile wallet (www.boku.com) can accommodate only a prepaid card, which makes it not nearly as appealing to consumers as Google Wallet, but BOKU's most valuable customers are its retailers. And BOKU's proposition to merchants is truly irresistible. Participating merchants are given access to the payment information stored in the virtual wallets of BOKU's users and can use it to send targeted offers to them. And considering the huge size of BOKU's user base, that is a very attractive prospect indeed. For a closer analysis: blog.unibulmerchantservices.com/challenging-google-wallet-boku-makes-the-nfc-field-even-more-crowded.

Leave a comment

This form collects your name, email, IP address and content so that we can keep track of the comments placed on the website. For more info check our Privacy Policy and Terms Of Use where you will get more info on where, how and why we store your data.
Add comment

Opinion Articles

How AI technology is transforming the smartphone experience

How AI technology is transforming the smartphone experience

From improved performance to personalized recommendations, AI is enhancing the functionality and usability of smartphones for users

By incorporating advanced algorithms and machine learning capabilities, AI can help to optimize a smartphone's performance, providing users with a faster, more efficient and user-friendly experience.
Author: The Fonecast
0 Comments
Article rating: No rating
Whatever happened to all my tech?

Whatever happened to all my tech?

Mark Bridge revisits his mobile technology reviews

Mark Bridge writes:

I've been taking a look back at the devices I've written about during the past few years. Some are still faithful companions, others... well, let's just say my faith was misplaced.
Author: The Fonecast
0 Comments
Article rating: No rating

Predictions for 2016: Network Function Virtualisation, 4G throttling and video calling

Mark Windle, head of marketing at OpenCloud, predicts that this year’s reduction in the number of traditional telecoms operators in some countries will provide an opportunity for other operators to innovate and capture market share in 2016.

He says next year will be a year of rapid change for telecoms… whether it’s MVNO disruption, competitive tariff pricing or simply defence from the ‘dark art’ of hacking.

Author: The Fonecast
0 Comments
Article rating: No rating
Kapture review: the audio-recording wristband

Kapture review: the audio-recording wristband

A 'recording watch' that links to your smartphone

Mark Bridge writes:

The most memorable moments in life often go unrecorded. You don't have your camera in your hands. Your finger is still hovering over the 'pause' button on your audio recorder. Or you were simply too busy experiencing whatever was happening. It's all about the one that got away.

That's where Kapture can help.

Author: The Fonecast
4 Comments
Article rating: 4.0
Making mobile websites work better

Making mobile websites work better

Device detection and responsive design explained

Mark Bridge writes:

James Rosewell shows me a colourful roll of paper that's the width of an iPhone but well over three metres long. When I look closer, I can see it's a printed copy of the Wall Street Journal's mobile website. That's a lot of scrolling to do... and a pretty unfriendly user experience for anyone reading the news online. Why does it work so badly?

Author: The Fonecast
1 Comments
Article rating: 4.0
RSS
12345678910Last

Recent Podcasts

From CES to customer service, we talk about all the latest mobile tech news

Podcast - 8th January 2014

Iain Graham, James Rosewell and Mark Bridge return with their first mobile industry podcast of 2014.

This week they're looking at new Samsung, Sony and ZTE products from CES, they're talking about Android embedded in cars, they're catching up with the latest news from BlackBerry, they're discussing cheque payments by smartphone, they're revealing complaint data from Ofcom and they're investigating quite a few other stories as well.

Author: The Fonecast
0 Comments
Article rating: No rating

We make our mobile industry predictions for 2014 and review our end-of-year forecasts from 2013

Podcast - 18th December 2013

It's our last podcast of the year, which is the traditional time for us to predict what'll be happening in the mobile phone industry during the next 12 months... from forthcoming consumer technology to deals between network operators.

As well as making our 2014 predictions, we'll also be reviewing those we made last year and discovering how accurate our forecasts for 2013 really were.

Author: The Fonecast
0 Comments
Article rating: No rating

Bill shock, cheaper roaming, court injunctions, satellites, shopping and loads more mobile industry news

Podcast - 11th December 2013

This week we're talking about a UK government deal to prevent bill shock, good news for some UK consumers visiting the USA, a court threat to HTC sales, new high-speed satellite broadband, mobile search, mobile shopping and much more.

Join Iain Graham, James Rosewell and Mark Bridge for an informed and entertaining look at all the major mobile industry news stories from the past seven days.

Author: The Fonecast
0 Comments
Article rating: No rating

Sailfish smartphones, shopping, security, spectrum shortages and several supplementary stories

Podcast - 4th December 2013

It's been a week of diverse mobile headlines in which Jolla started selling its Sailfish smartphone, mobile shopping broke records and BlackBerry's CEO looked to the future.

We're also talking about smartphones for seniors, battery life, a looming spectrum shortage, phone theft and Sony's Smart Wig. Something for everyone, surely!

Author: The Fonecast
0 Comments
Article rating: No rating

We interview James Atkins of UK-based smartphone manufacturer Kazam

Podcast - 29th November 2013

In today's programme we're talking to James Atkins, co-founder and Chief Marketing Officer of smartphone manufacturer Kazam.

The company launched earlier this year and has just announced its first seven Android-based handsets. James explains the story behind Kazam's creation, the company ethos, its product range and its plans for the future.

Author: The Fonecast
0 Comments
Article rating: No rating
RSS
First910111214161718Last

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«November 2024»
MonTueWedThuFriSatSun
28293031123
45678910
11121314151617
18192021222324
2526272829301
2345678

Archive

Terms Of Use | Privacy Statement