O2 is looking for a new mobile money partner after ending its partnership with NatWest, according to a report in Mobile News. NatWest will continue to provide banking services for the Cash Manager and Load & Go cards until a new provider is chosen. O2 Money, the brand behind the two cards, was launched last summer.
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Visa Europe has launched a contactless mobile payment system in Turkey for Akbank customers. It uses the DeviceFidelity 'In2Pay' NFC microSD card fitted to compatible BlackBerry devices. Other smartphones will be supported in the future.
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Amazon.com CEO Jeff Bezos says $1 billion of worldwide sales in the last 12 months have been made via mobile phones, Kindle eBook readers and tablet computers. He revealed the figures when announcing the company's quarterly results, which showed a 41% sales increase to $6.57 billion.
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Mobile payment company mopay is introducing a new service called mopay call. It'll give online shops the option of letting customers pay by making a conventional telephone call from a fixed-line phone.
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WAUSAU Financial Systems and Mitek Systems – two US-based companies - have introduced a system to let banks accept cheques that are 'paid in' as a photo taken on a mobile phone.
The new service combines the payment processing experience of WAUSAU with document capture technology from Mitek.
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