Archive for mobile payments
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Events Update – National Conference On Digital Commerce, India Digital Summit And Mobiles & Money India
With Christmas around the corner and the 3G auction date being announced again, let’s just shift the gears and talk bout some commerce in the digital space. Telecos are looking to build up their revenues with goodies that 3G would offer. For now, there are pretty interesting events lined up in the next couple of [...]
Atom Tech On A Tie Up Spree – Ties In Rcom and Makemytrip
If you are a mobile payments solutions provider then the key for you is distribution. Distribution can be achieved by partnering with several players. This is the exact strategy that Atom Tech a mobile payments and m-commerce enabler seems to be following since 2 years now.
In recent times it has announced two major deals.
RCom Deal [...]
RCom Inching Closer To Seal M-commerce Deal With Atom
M-Commerce has been the buzzword off-late. The Mobi-payment companies are bringing innovations in facilitating m-commerce in India. Business Standard reports that Reliance Communication may be inching closer towards finalizing m-commerce deal with Atom technologies, a group company of Financial Technologies.
The deal seems significant for RCom as BS also reports citing company [...]
UPDATE:(Airtel Issues a Clarification) BOKU Launches Mobile Payment Solution – Airtel is the Exclusive Carrier in India
You are probably reading it here first – Airtel is the official carrier of Boku, the mobile payments service in India. Airtel users can now use the application to make payments online through their mobile phone.
All the popular blogs on the web are abuzz with Boku’s launch. The much hyped mico payment solutions is certainly living up to it with its forcasted reach. Boku will put 1.63 billion people across as many as 53 countries as potential customers on the web. It has basically done away with the need to own a credit card to make payments online, and fills a relatively large gap by doing so.
Dishtv Ties Up With Atom For M-payment Solution
WAT (Web, Ad & Tech) Space is continuously buzzing with tie-ups for mobile payments. DTH players are also embracing the idea of integrated mobile payment with their bouquet of services. Dish Tv in the meanwhile has announced their tie-up with Atom technologies to offer innovative phone and mobile payment solutions to DTH major subscribers.
Commenting on tie-up, Salil [...]
Kingfisher Airlines Launches KingMobile – Mobile Payment Solution
Kingfisher Airlines has announced the launch of King Mobile, a mobile ticketing solution. Kingfisher has tied up with ngpay to provide this service to its customers. Via this service one can book tickets using all GPRS enabled low-end as well as high-end phones. Besides for booking and paying for the ticket one can also check [...]
Nokia India Strategy – Bets Big On 3G & Mobile Payments
Asia-pacific accounts for 22% of net sales of Nokia as of Q4 2008 and EUR 3719 is the revenue Nokia generated from India in the year 2008. Already a market leader in mobile phones, Nokia has it all sketched out to grab a lions share of an expected market of 750 million mobile phones in [...]
Tie ups Update – Ibibo – Sony BMG / IDBI – Paymate
Tie ups continue in this space and Ibibo which we have been tracking closely has gone ahead with another entertainment tie up and Paymate which recently entered the nepal market has closed a tie up with IDBI bank. Lets look at the details of these tie ups.
Ibibo Ties Up with Sony BMG – Launches Michael [...]
Paymate Enters Nepal – Partners With Paybill
PayMate which had earlier launched its services in Srilanka in partnership with Bank of Ceylon now has moved north and launched its mobile payment services in Nepal through its local representative PayBill. PayBill has partnership with Everest Bank and Nepal Telecom the largest bank and mobile telephony players in Nepal to offer mobile recharge [...]
Mobile Payments & MCommerce – The Future Opportunities & Challenges
With the RBI guidelines coming to the fore the mobile payments market has an official go ahead from the authorities. So we thought it was a great time to speak to some of the mobile payment players and know what they feel are the challenges and opportunities of this market.
We spoke to Sanjay Swamy CEO, [...]
RBI Doubles Cap On Mobile Banking.. 70% Growth In E-Payments Expected While 30% New Mobile Subs Are Rural
RBI doubles Cap on mobile transactions
So we had blogged recently on the RBI guidelines for mobile payments and also mentioned that it wasn’t the final guidelines but was subject to review. So RBI has gone ahead and doubled the cap its had earlier put on the transactions via mobile. It has increased the daily transaction [...]
Banks To Issue Separate M-Pin For M-Commerce – RBI Proposes Mobile Payments Guidelines
According to the latest guidlines drafted by RBI banks may soon have to issue separate M-Pins for customers who wish to use their mobiles for making payments. With mobile payment players like paymate, mchek, ngpay and others lining up to offer mobile payments solution its only natural that the banks collaborate and make another convenience [...]
Paymate Ties Up With Sify iWays For Mobile Gift Voucher Distribution
Paymate which was recently in the news for raising funding and now it has come in the news again for a new tie up with Sify iWay chains of cybercafe’s across the country to promote its Giftmate mobile vouchers for both online and offline shopping. Paymate has a lot going for it especially the recent [...]
Paymate Goes Beyond India Ties Up With SriLankan Bank of Ceylon
Paymate the mobile payment solutions company has started spreading its wings beyond India. Paymate has tied up with Bank of Ceylon (BOC) a Sri Lankan Bank. With this new tieup BOC banking customers will now be able to make their monthly electricity, water and telephone bill payments via SMS.
Ajay Adiseshann, MD and Founder, PayMate said [...]
OboPay – Another Mobile Payment Player Comes to India
Obopay is a mobile payment transfer solutions provider based out of the US which is slated to launch its services in India in February. Obopay plans to take the debit card route to mobile payments rather than the credit card route which the current players like mcheck and ngpay are taking in the Indian market.
Inorder [...]