Cardstream

TECHNOLOGY

Smartphone swipe payment scheme unveiled

February 6, 2014

Tapping a smartphone on a card reader to pay for a sandwich or a bus journey could soon become an everyday event, under a scheme unveiled on Thursday by Vodafone, O2 and EE. Paypal and Google, as well as banks and mobile operators, have been trying for years to create mass market mobile phone payments […]

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New Survey Suggests UK Consumer Apathy Towards NFC Payments

December 13, 2013

A YouGov poll of UK consumers has shown a strong resistance to mobile payments technology for paying for purchases at the point-of-sale. The survey of 1051 adults, shows that just over a third (35%) are aware of NFC-enabled mobile devices, a figure that has barely increased since YouGov last looked into the area in September […]

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Mobile Shopping Set to Surge This Christmas

December 9, 2013

A new survey from Tripwire, Inc., a leading global provider of risk-based security and compliance management solutions, which looked at the attitudes of consumers towards mobile shopping has revealed that 63 percent of UK consumers will use their mobile for Christmas shopping this year. The survey of 1000 employed consumers also revealed a quarter of […]

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Masterpass by Mastercard digital wallet now available in the UK

July 31, 2013

Mastercard’s PayPal-rivalling online digital wallet has now reached the UK. Masterpass allows you pay for online and in-store items using just one click of a button or tap of a screen, with all your card details, shipping and billing address stored in secure system. As well as PayPal, Masterpass is taking on V.me, Visa’s similar […]

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UK Report: Mobile Devices Dominate eCommerce Sales

June 25, 2013

British consumers are obsessed with technical gadgets. This is no exaggeration, as they are commonly listed as the world’s leading country when it comes to spending time on the Internet and using mobile devices. A new eMarketer report, which highlights the country’s high online shopping and penetration rates, certifies the British consumers’ attachment to mobile […]

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Over a third of online shoppers abandon purchases because of security fears

May 22, 2013

New research from Ukash, the online cash payment provider, reveals that nearly half (46%) of online shoppers feel frustrated by the security questions asked when making purchases on the internet.  Over a third (39%) have abandoned an online transaction because they thought they were being asked for too much personal information. This new research reinforces […]

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Real-time Money Transfer Market Gets a Boost from Visa

April 19, 2013

Visa Personal Payments, a service that enables anyone with a smartphone to transfer money using only the recipient’s number, has announced two new features today; Multi-Currency and Immediate Payments. The former will be available “by the end of 2013” and allows users to send money to any Visa cardholder in Europe, regardless of currency. It’s […]

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Amazon Files Patent Request for Anonymous Mobile Payments

April 19, 2013

To address consumer concerns about information privacy and identity theft, Amazon has filed a patent request with the U.S. Patent Office for “Anonymous Mobile Payments,” which would enable individuals to avoid providing personal or private information when paying funds recipients. From the patent filing abstract: “Anonymous mobile payments enable a user to make and/or receive […]

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LG integrates PayPal in smart TVs

April 18, 2013

LG Electronics has started to offer PayPal on its smart TV platform. Available now on 2013 LG smart TVs available in the United States, Canada and the UK, the feature will also be included in LG Smart TVs in France, Germany, Spain, Italy and Australia starting this month with other markets to follow. “LG and […]

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Security of Payment Card Data on Cloud-Based Mobile Payment Platforms

April 3, 2013

The attached presentation entitled “Security of Payment Card Data on Cloud-Based Mobile Payment Platforms” was given by DWT partner Randy Gainer at American Conference Institute’s 5th National Forum on Emerging Payments in San Francisco, CA on March 21, 2013. The presentation covered topics including: Cloud-based mobile payment solutions What is the cloud? Some benefits of moving to […]

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