Everything Everywhere is launching a contactless mobile payment service later this year. It'll use the Orange brand and will operate in partnership with Barclaycard.
The two companies already offer a contactless NFC credit card.
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Mark Bridge writes:
I just wanted to have a few words about the Sony PlayStation Phone. I know I’ve been wrong about things in the past – and I have little doubt I’ll be wrong again – but I’d like to suggest a lot of people have been looking in the wrong place.
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Research company Gartner has forecast that worldwide mobile application store downloads are expected to reach 17.7 billion downloads this year, a 117% increase from last year’s estimate of 8.2 billion downloads.
Revenue from the applications sold is projected to exceed $15.1 billion in 2011.
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Facebook has acquired Rel8tion, a Seattle-based business that was less than a year old.
Rel8tion had previously been working to create a mobile advertising service that used a person’s location when determining the most appropriate advertising to display.
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Research from GfK Retail and Technology shows that more than 7% of all mobile phones bought in Europe last year were purchased online.
Smartphone sales are a particularly popular choice for online shoppers, with approaching one in five sold via the web.
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