Payments 2.0
Follow
Find tag "Moneto"
8.0K views | +11 today
Payments 2.0
Digital wallet, Mobile payments, Contactless payments, NFC payments, Mobile wallet, Mobile POS, Bill payments, Bitcoin, Virtual currency
Curated by Therese Torris
Your new post is loading...
Your new post is loading...
Scooped by Therese Torris
Scoop.it!

Moneto upgrades contactless payment platform - QR Code Press [VIDEO]

Moneto upgrades contactless payment platform - QR Code Press [VIDEO] | Payments 2.0 | Scoop.it

Therese'ssummary: Moneto has updated to its mobile payment platform to accept P2P payments and support both Apple IOS and Android. It has also revised its business model and removed monthly charges for payments with MasterCard's prepaid cards...

more...
No comment yet.
Scooped by Therese Torris
Scoop.it!

Moneto's $30 Android mobile payment kit goes on sale, brings contactless payments to six Samsungs

Moneto's $30 Android mobile payment kit goes on sale, brings contactless payments to six Samsungs | Payments 2.0 | Scoop.it

"Not everyone's smartphone has NFC, and of those that do, an even smaller subset have official Google Wallet support...."

 

Comment: Moneto offers a mobile wallet on an NFC micro-SD. The solution is now being ported to 6 new phones.

more...
No comment yet.
Scooped by Therese Torris
Scoop.it!

DeviceFidelity, MasterCard Launch MONETO a Mobile Payment Solution for iPhones - American Banker

DeviceFidelity, MasterCard Launch MONETO a Mobile Payment Solution for iPhones - American Banker | Payments 2.0 | Scoop.it

"DeviceFidelity ... has partnered with Spring Card Systems to create a mobile payment app [called moneto] that works with DeviceFidelity's microSD card and communicates with MasterCard PayPass point-of-sale terminals."

 

Comment: article highlights the potential advantages of microSD-based contactless payments over SIM card-based solutions, for example for phones that are not NFC enabled.

more...
No comment yet.
Scooped by Therese Torris
Scoop.it!

DeviceFidelity to showcase Moneto new multi-platform mobile payment system - QR Code Press

DeviceFidelity to showcase Moneto new multi-platform  mobile payment system - QR Code Press | Payments 2.0 | Scoop.it

DeviceFidelity claims that Moneto is the world’s first multi-platform mobile payment system. This may not be the case for long, however, as PayPal has developed a mobile payment system that can be used with various platforms. Currently, PayPal’s system only supports iOS mobile devices, but the company has plans to expand this availability to Android and Blackberry platforms in the coming years. The primary difference between the two systems is that Moneto utilizes NFC technology and PayPal’s does not.

more...
No comment yet.
Scooped by Therese Torris
Scoop.it!

DeviceFidelity begins shipping Moneto's NFC microSDs to consumers • NFC World

DeviceFidelity begins shipping Moneto's NFC microSDs to consumers • NFC World | Payments 2.0 | Scoop.it

"US iPhone users can now order a case containing an NFC microSD card online and use it to make payments with their mobile phone" using Mastercard's PayPass

 

Note: Fees tat consumers have to pay for the convenience of contactless payments seem high: US$79.95 for iPhones, $39.95 for Android + monthly fee of $4.95 for University National Bank

more...
No comment yet.