Near-field communications technology has failed to gain traction for mobile payments, Gartner noted, forecasting that NFC will account for only 5 percent of the mobile payment transaction value in 2017.
It's been roughly nine months since more than a dozen leading U.S. retailers including Walmart, Target, Best Buy, Sears and 7-Eleven first banded together to create Merchant Customer Exchange, a nationwide mobile commerce network designed to support smartphone-enabled purchases, consumer offers and mobile marketing promotions. The MCX initiative remains a work in progress, but here's what we know.
T-Mobile US is updating Samsung Electronics' new Galaxy S4 flagship smartphone to run Google's Android 4.2.2, a.k.a. Jelly Bean. T-Mobile will begin rolling out the over-the-air push update today--users can also upgrade their device manually through the desktop via the Samsung Kies content sync and software application.
Verizon Wireless is upgrading Samsung Electronics' Galaxy Note 2 phablet to Google's Android 4.1.2 Jelly Bean mobile operating system.
Isis is partnering with cashless payment services firm USA Technologies on mobile wallet loyalty program optimized for the vending machine industry.
AT&T Mobility is rolling out Google's Android 4.1 Jelly Bean mobile operating system update to the LG Optimus G smartphone. Subscribers may upgrade the device over-the-air by pulling down the notification panel, selecting Settings> General> About Phone> Software Update> Update Now and following the prompts.
AT&T Mobility is overhauling HTC's One X smartphone to run Google's Android 4.1, a.k.a. Jelly Bean.
Isis will revamp its mobile wallet user interface in collaboration with a new software partner and plans to expand its contactless payment platform to Apple's iOS, NFC Times reports.
Ovum Research selected the KT MoCa alliance, which involves firms ranging from banks and retailers to mobile payment technology providers, as the most innovative telco service offering of December.
The average Isis consumer in Salt Lake City uses the Isis wallet five or more times a week, according to Isis Chief Sales Officer Jim Stapleton, speaking at a panel at the Smart Card Alliance 2013 Payments Summit in Utah. In addition, Stapleton revealed that the average Utah Isis user follows five businesses via the Isis wallet, which he said results in stronger brand loyalty.