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ecommerce

News about ecommerce.

Korean banks accelerate mobile wallet plans

July 25th, 2014

Korea’s banks are making a renewed push on mobile payments in the face of increasing competition from outside the financial services sector, Korea Bizwire reports, citing Hana Bank’s ‘Hana N Wallet’, Industrial Bank of Korea’s ‘IBK One Money’, and Shinhan Bank’s ‘Zoo Money’ and ‘My Shinhan Pay’ services. “The sense of urgency that IT companies are encroaching on the mobile payment market is making banks competitively beef up their smartphone-based electronic commerce services and scramble into the war of mobile wallet,” it says.

Twitter tests ‘buy now’ button

July 1st, 2014

A ‘buy now’ button has been seen on Twitter, leading to speculation the social media giant is trialling a new ‘in-tweet’ ecommerce service, Re/code says. Reports suggest pressing the button, spotted fleetingly in the mobile app this week and embedded in tweets from shopping app Fancy, led to a checkout page.

BioCatch raises $10m to expand behavioural biometrics platform

June 24th, 2014

BioCatch has raised US$10million to expand its behavioural biometric authentication platform. The service collects and analyses more than 400 behavioural signals and is used by banks to detect suspicious behaviour online. It is now also available… More

Amazon unveils smartphone that lets users shop the world around them

June 19th, 2014

Amazon has launched Fire, a smartphone that includes 3D “dynamic perspective” technology and a dedicated Firefly button that lets users recognize — and buy from Amazon — physical products, movies and music that they come… More

LevelUp to build BLE into payments terminals

June 18th, 2014

US mobile payments service LevelUp is to provide its merchants with the ability to push offers to shoppers via Bluetooth Low Energy (BLE) beacons built into the next version of its POS device. The move… More

Alibaba launches mobile payments and services platform

June 12th, 2014

Chinese ecommerce giant Alibaba has unveiled Mashang Tao, a new platform that lets brands and merchants create QR codes that can be used to make purchases in stores, online and from printed advertisements, as well as… More

PayPal CEO joins Facebook as head of messaging products

June 10th, 2014

PayPal CEO David Marcus is leaving the online payments provider at the end of June to take up a new role at Facebook, as vice president of messaging products — prompting speculation that he will oversee… More

Edgetech to offer acoustic mobile payments in Zimbabwe

June 5th, 2014

Zimbabwe-based banking solutions provider Edgetech Solutions is preparing to launch a new mobile payment service that uses sound-based communication technology from NearBytes to let people make payments in stores with their phones. When launched, the Edgepay solution… More

French retailer uses PowaTag to create 10,000 virtual shops, major UK chains to follow

June 2nd, 2014

French fashion retailer Comptoir des Cotonniers is using a platform developed by Powa Technologies to turn posters, billboards, magazines, cafe table tops, postcards, flyers and clothing into ‘virtual boutiques’ that let consumers order and pay for… More

PrivatBank to offer NFC payments via HCE

February 27th, 2014

Ukraine’s PrivatBank is to launch a cloud-based NFC payments service using host card emulation (HCE). The new Liqpay app will be available to customers with NFC smartphones running Android 4.4 KitKat. They will be able… More

Octopus and Alibaba add NFC security to ecommerce

February 19th, 2014

Hong Kong prepaid card provider Octopus has partnered with Chinese online giant Alibaba’s Taobao ecommerce platform and Alipay mobile payments service to let customers make secure online purchases using a combination of contactless cards, QR codes and NFC phones. More

Japanese online retailer to launch DIY shopping wall

August 5th, 2013

Online retailer DIY-Tool.com is to launch a physical “shopping wall” that makes use of NFC tags and QR codes, using a new platform developed by Tokyo-based Aquabit Spirals, NFC vendor Tapit and application development company… More

Gartner cuts NFC mobile payments forecast by 40%

June 5th, 2013

Worldwide mobile payment transaction values will reach US$235.4bn in 2013, a 44% increase on 2012′s $163.1bn, according to a new forecast from Gartner — but NFC transactions will account for a smaller than expected proportion… More

Towns pick NFC to drive shoppers back to British high streets

March 6th, 2013

“A town and city centre is only vibrant and thriving if people find a reason to go there”, Guy Douglas of ATCM says. “NFC is a way of delivering an enhanced town centre offer, which can only be a good thing especially when the high street is hugely challenged by ecommerce.” More

Samsung tests NFC window shopping in Amsterdam

January 23rd, 2013

The phone maker has teamed up with Dutch ecommerce merchant JeansOnline to make exclusive offers to Samsung phone owners who tap a TecTiles tag or scan a QR code at a pop-up store in the city centre. More

Auchan picks mobile barcodes for France’s MCX

December 12th, 2012

“Our goal is to create the m-payment standard within the retail sector, independent of any telephone operators and banks,” says the head of Flash’n Pay, a new mobile wallet brand that has been created by one of the country’s largest grocery retailers and is set to go head to head with the French carriers’ NFC-based Cityzi service. More

UK catalogue giant Shop Direct tests NFC shopping

December 11th, 2012

The retailer’s online department store Very.co.uk has taken over a shop front in the busy Liverpool One shopping centre to promote three fashion collections that have been specifically tailored to meet the needs of local shoppers — based on the online browsing and purchasing behaviour of customers in the Liverpool area. More

Danish telco payments venture maps out path to NFC

November 19th, 2012

Denmark’s four mobile network operators have formed a joint venture company to introduce mobile payments and a three phase rollout programme that will “eventually” evolve to include support for NFC. More

Turkcell upgrades NFC mobile wallet service

October 8th, 2012

The Turkish mobile network operator has introduced a major upgrade to its NFC-based Cep-T Cüzdan mobile wallet, adding the ability to make online purchases and support for any mobile phone. Fourteen banks have signed up for the new service and a strategic partnership with MasterCard will see the platform being made available in other countries. More

Visa to launch V.me digital wallet in UK, France and Spain

April 30th, 2012

“Our intention is that V.me will ultimately be able to incorporate any or all of our new payment technologies, allowing our members to deliver the best possible payments experience whether face-to-face, online or in a mobile environment,” says Visa Europe’s Mariano Dima. More

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