Mobile Banking: Barclays Introduces Pingit for Corporates

Banking giant Barclays has introduced its mobile payment service Pingit to corporate clients. Using Pingit, business can now provide an alternative payment method to their customers. Users can now pay bills directly from the Pingit app. Barclays Pingit started as a mobile person-to-person (p2p) payment service in February in the UK. It allows users to receive and send money using their mobile phones: The user’s current account (available to all customers of UK banks) is linked with their mobile phone number, enabling payments to be sent directly to that account via the Faster Payments Scheme. The Pingit app launched in February and is available for Android, BlackBerry and iOS devices. Read more…

Mobile Payment: PCI Security Standards Council Provides Mobile Payment Acceptance Security Guidelines

Mobile POS solutions that enable merchants to accept card payments using a mobile device are getting more and more popular. Now the PCI Security Standards Council (mostly known for providing the Payment Card Industry Data Security Standard (PCI DSS)) has published a guideline for merchants how to accept mobile payments with a smartphone or tablet. The fact sheet: At a Glance: Mobile Payment Acceptance Security recommends merchants to with a Point-to-Point Encryption service provider to securely accept payments and meet their PCI DSS compliance obligations.

Mobile Payment: MasterCard and C-SAM to Offer Mobile Wallet Solution in Asia Pacific, Middle East and Africa

MasterCard and C-SAM, a mobile payments technology provider, are joining forces to offer a white label mobile wallet solution to mobile operators, banks and payment providers in Asia Pacific, Middle East and Africa. Read more…