For almost two years, companies and start-ups from various sectors have changed the market of mobile payments. Some of the products and services developed by these companies/start-ups have already been successfully placed on the market, and some new solutions have been announced. The current status of development, however, does not reveal whether one of the existing products will prevail with respect to mobile, cashless payments or whether one of the future solutions will pave the way towards mass market adoption.
iZettle – mobile Payment-Service at the Point of Sale
Blog Posts28th March 2012
Alternative ways of payment represented one of the key issues of the Mobile World Congress in Barcelona. iZettle is one of the few companies in this context which want to capture the market from the suppliers’ side. While other providers of mobile payment services act on the demand side by enabling buyers to use mobile payment, iZettle focusses on the point of sales on the sellers’ side.
iWallet means Apple is clearly positioning itself in the mPayment Sector
Blog Posts12th March 2012
Dr. Mirko Schiefelbein
On 06.03.2012, Apple acquired a patent for a control and management system for mobile payments. The patent includes the definition of transaction and release rules for payment processes of subordinate accounts. The control system thereby enables users to define limits for individual payments as well as for payment time periods; additionally, users can specify regions, product groups and merchants.