PaymentsSource

Emerging Payments

• Citi Sees Weak Demand For Mobile P2P Transfers, For Now

  American Banker | March 18

  Citigroup Inc. is learning many consumers today do not share its enthusiasm for mobile payments. [FREE]

• PayPal Looks For An iPhone 'Bump'

  PaymentsSource | March 17

  PayPal Inc.'s new iPhone application is more than a payment system — the company is also trying to make it easier for people to use the app as a cash replacement. [FREE]

• First Data Taps MicroSD Cards As Next Contactless Step

  PaymentsSource | March 16

  First Data Corp. plans to use technology embedded into a digital memory card as the next step in evolving the payment processor’s contactless-payment technology.

• Toyama Railway Launches Contactless Card

  PaymentsSource | March 16

  In Japan, Toyama Chihou Tetsudou Inc. on March 14 began issuing a contactless card called Ecomyca that transit riders may use to access all Toyama tram and rail lines. [FREE]

• Visa Previews Online Shopping Tool

  PaymentsSource | March 15

  Visa Inc. soon plans to introduce an online shopping platform providing consumers with one location to manage and store their e-commerce activity. [FREE]

• Barclaycard, Orange Reportedly Plan To Deploy NFC Phones

  PaymentsSource | March 12

  Barclaycard reportedly plans to deploy mobile phones enabled with Near Field Communication payment technology in conjunction with France-based mobile-network operator Orange during the second half of this year. [FREE]