The Center for Financial Services Innovation (CFSI) has announced research results finding that “80 percent of polled prepaid industry executives see underbanked consumers as important or very important to the future growth of the prepaid industry, according to its latest survey of prepaid industry executives. Survey results are detailed in a new white paper, “The Industry Forecast for Prepaid Cards, 2009,” released today at the Prepaid Card Expo.”
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Huntington Bank has announced that its customers can now stay on top of their finances with Huntington Text Banking. The bank described it as “a secure, convenient and easy way for Huntington customers to access their bank accounts anytime, anywhere, using a cell phone or mobile device.”
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(The Paypers) Indian mobile phone retailer The MobileStore has partnered with mobile commerce company Paymate India to launch an interactive voice response…
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India-based Yes Bank has announced that it will soon start a new mobile payment solution, Pay Anyone, in partnership with Obopay, a mobile payment services provider, allowing customers to transfer money to other banks.
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The MobileStore, India’s largest telecom retailer, has announced it has partnered with PayMate to offer Point of Sale solutions (E-POS) across its 1,300 stores in over 200 cities that will allow customers to pay for their purchases, recharge talk-time and even buy or send gift vouchers instantly and securely via mobile.
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ClairMail has announced that the banks using its ClairMail System are experiencing “tremendous adoption and usage, with some banks getting well over 90% of mobile banking consumers signing up for and receiving bank-defined and user-defined 2-way alerts.”
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(The Paypers) Hungarian mobile operators Pannon Hungary and T-Mobile have added the Mobile Yellow Check (Mobil Sarga Csekk) payment function for utility bills to…
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To increase value-added services to their customers, Dubai Bank and Air Arabia today announced a partnership to facilitate flight tickets payments through the bank’s electronic payment channels.
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So far, there has been little evidence that the consumer is interested the idea of an e-purse, although mobile payment and banking services are available in many markets. That is changing.
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(The Paypers) The number of mobile banking users is expected to double to 7 million in 2009 globally, from 3.1 million in 2008, according to a report.
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