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23May/12

Payment News – May 23, 2012: Intuit, MyBank, Unwire

By Martin Schuppelius

Mobile Payment: Unwire Launches Mobile Ticketing App

Scandinavian software company Unwire has released a mobile ticketing app for iOS and Android devices. The app lets customers buy tickets for the metro, bus or train in the city area of Copenhagen (Denmark) via their smartphone or tablet. The ticket price is automatically deducted from the credit card that is registered with the app. Read more…

Intuit Survey: Small Businesses not Accepting Cards Miss $100B in Annual Sales

According to a survey by financial services company Intuit, 55% of the 27 million small businesses in the U.S. do not accept credit cards. Intuit estimates that each of these business misses approximately $7,000 in sales annually, adding up to more than $100 billion in lost revenue. Read more…

Online Payment: MyBank Pilot to Start in June 2012

EBA CLEARING, the operator of the pan-European clearing and settlement service STEP2 SEPA, has announced to launch a trial of its MyBank service in June 2012. MyBank is an online banking-based payment method to pay for purchases made on the Internet. The service allows customers to pay for online purchases via their online banking environment. MyBank looks much like a pan-European version of national online banking based services such as iDEAL in the Netherlands or Giropay in Germany. Read more…

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