VeriFone expects $10B in mobile payments as merchants embrace wireless solutions
March 21, 2012VeriFone is seeing significant uptake of its mobile payments services by merchants and now expects its annual run rate to exceed $10 billion.
VeriFone is seeing significant uptake of its mobile payments services by merchants and now expects its annual run rate to exceed $10 billion.
Following last week’s agreements with several major financial institutions, mobile payments solution Isis has now added support from several point-of-sale device manufacturers, a key step to bringing the Isis mobile wallet into retail locations.
Lifestyle apparel brand Guess is arming stores with iPads to enhance the overall shopping experience and generate additional sales.
C. Wonder, a new boutique in SoHo, is piloting in-store mobile devices featuring payments technology and the ability to cross-sell customers.
Soon-to-debut rail service Westbahn has partnered with VeriFone to let consumers buy train tickets through their mobile device.
With Google, MasterCard and Citi reportedly teaming up to go head-to-head with the U.S. carriers’ Isis joint venture with Discover Card and Barclaycard, a war in the near field communication space is on the horizon.
VeriFone has extended its mobile payments service with PayPal to support PayPal Bump technology, letting iPhone users bump their phones to transfer money to each other.
Global Payments has partnered with VeriFone to offer Canadian merchants a smartphone payment system.
The Royal Bank of Scotland WorldPay will market Payware Mobile via its multiple channels, including its nationwide direct and ISO sales forces.
Merchant Services Inc. has partnered with VeriFone to distribute and process the company’s Payware mobile credit card encryption sleeve.