Apps Tech News

Growing mobile device penetration across the Middle East & Asia region represents a huge opportunity for financial services, says IDC.

Payment service provider CreditCall, in partnership with Elavon, is rolling out what is claimed to be the world’s first mobile payment app which allows UK businesses on the move to utilise Chip and PIN on Android and Blackberry devices.

Barclays have announced their Pingit app will be available to corporate clients, enabling clients to receive payments from their customers as well as allowing customers to pay their bills instantly and easily.

Samsung have confirmed that limited edition showcase Samsung Galaxy S3 devices will have the contactless payment app Visa payWave enabled for the Olympics.

If you’re going to market products and services through your mobile app, or channels that significantly involve social media and mobile platforms, it only makes sense that you eliminate any potential barriers to sale, and complete the user experience by also providing a mobile payment system.

A number of key players in Europe and North America are beginning to flirt with mobile wallet systems that utilise Near Field Communications (NFC) technology, bringing electronic touch payments, already well established in Asia, to Europe and North America.