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Thursday, September 29, 2011

WorldPay partners with MoBank for mobile payment service

Payment processing provider WorldPay has announced a partnership with UK-based m-commerce platform provider The MoBank Group. The deal will make it easier for WorldPay customers to take advantage of mobile commerce as they’ll all have access to MoBank’s MoPowered secure mobile commerce system.

MoPowered offers retailers the combination of a mobile application and a mobile-optimised website. The system is fully compatible with online security schemes such as ‘Verified By Visa’ and MasterCard SecureCode.

Dominic Keen, co-founder and CEO of The MoBank Group, said “We are delighted to partner with WorldPay to help all their merchants build revenues by processing secure transactions though the mobile channel. Mobile commerce is an essential part of multi-channel retail. The market has grown by 25% in the past six months and Gartner Research has predicted that it could account for up to 12.5% of e-commerce transactions by 2013. Optimising websites and creating native applications for smartphones is already a necessity for merchants as 20 million people connected to the web from their mobile phone in the UK in the last year.”

Recent research conducted by WorldPay found that nearly a quarter of consumers used their mobile for shopping, with this figure reaching 50% among iPhone users.

We spoke to Steve Townend, co-founder of MoBank, in August 2009 and again in November 2010. You can listen to the full interviews on our website, via iTunes or by downloading the MP3 files.
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Opinion Articles

RIM boss ignores the questions when asked about BlackBerry difficulties and competitors

What went wrong? What did you learn from the iPhone?

Mark Bridge writes:

Live TV and radio interviews. They can be worrying things, even when you’re not expecting to be challenged too much. I know this from experience. So when your company is launching a much-delayed operating system, you’d expect a few difficult questions… and you’d be ready with a response.

The official response of RIM is apparently to ignore the questions.

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Mobile phones transform lives in Africa

Jennifer Lazuta of voanews.com writes:

Rene Mendy, a street vendor in Dakar, has never had enough money to open a bank account. But now, thanks to an emerging mobile phone banking service, he has access to many financial services.

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Last week at The Fonecast: 28th January 2013

Figuring out the figures

Mark Bridge writes:

I didn’t study economics at college, which is probably one of the reasons I have a very simple perspective on quarterly results. As far as I’m concerned, they fall into one of three categories: much as expected, better than expected or worse than expected. Anyway, it’s the time of year when some of the biggest names in the mobile telecoms industry publish their financial results – so here we go.

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Bringing personalised radio to your smartphone

We interview Shankar Meembat about the UTuneMe radio app

Mark Bridge writes:

Targeted advertising on mobile devices is something we’re all getting increasingly familiar with. Visit a web site and there’s a good chance you’ll see an advertisement that’s aimed directly at you, perhaps using information about the sites you’ve previously visited, the type of smartphone you’re using or even your location.

Yet listen to the radio or stream music on your smartphone and that same level of personalisation hasn’t been aavailable. That’s all changing now, with help from a new service called UTuneMe.

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Why Huawei should get out of the mobile handset market

Why Huawei should get out of the mobile handset market

or why Huawei need to spend their £1.6 billion profit on marketing

James Rosewell writes:

Huawei is a company one can’t miss at Mobile World Congress. They bring their own building!  Plus last year a wonderful “Pegasus” flying horse sculpture made using Ascend handsets was proudly displayed next to the main fountain to hail the launch of the Ascend series of handsets.

Huawei has been busy following MWC12. They now run major parts of Everything Everywhere, Three and O2’s network in the UK. On a less positive note they’re not welcome in the US.

But how has the devices side of the business performed?

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

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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?

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