Merchants play a significant role in the development of mobile payments and claim a substantial benefit from the implementation of the mobile wallet services. Together with the provision of additional payment options, they obtain new ways of interaction with their customers through loyalty schemes, discounts and other marketing offers.
As mobile handsets become more prevalent as a tool for payments and banking, the security of sensitive data used becomes increasingly important. Considerations, such as how the applications and transactions are secured and delivered are key concerns of the mobile payment ecosystem.
Presented by Mobile Payments Today, this infographic shows some of the myriad ways mobile payments are already being used. From shopping on their phones to ditching change at the parking meter, consumers are embracing mobile payments for an ever larger number of daily tasks...
PriNum is an innovator of financial and added-value mobile services. PriNum’s unique digital issuance and wallet platform enables retailers, mobile operators, banks and transport companies to deliver secure mobile payments and digital products rapidly and without big investments into infrastructure and existing systems.
Digital issuance and open wallet platform provider, PriNum, and VTB bank Georgia have launched the first NFC mobile payments bank application in Georgia and CIS countries. The application, Mobile Pay, is the new mobile application for NFC-enabled Android devices. Mobile Pay will allow bank clients to make contactless payments at NFC capable POS terminals.
PriNum has developed mobile contactless payments system for FIDO Bank - the first among the Ukrainian banks. The bank is now one step ahead of its competitors in the field of mobile commerce. Ukrainians are now able to easily, quickly and safely pay with a tap of a smartphone.
Today, Pri-Num Ltd., an award-winning United Kingdom-based digital payments and mobile wallet platform provider, has confirmed that it is now recognised as a Visa Ready Qualified Token Service Provider. Visa Token Service (VTS) is a new type of security technology replacing sensitive account information with a unique digital identifier token which permits payments to be processed without exposing actual account details.