I am hoping my kids don't do it," says Sarah Jane Hughes. The professor of commercial law in the US isn't alluding to sex or drugs. She's talking about the dangers of mobile payments services. She's not the only one sounding an alarm: In September almost half of about 900 members of Isaca, an association of IT professionals and risk managers, said mobile payments aren't secure. In 2016, 148 million people around the world will reach for their handsets to make payments at in-store point-of-sales terminals, according to a report from Juniper Research.
Tech giants Google Inc (NASDAQ:GOOG) and Apple Inc. (NASDAQ:AAPL) have been busy competing with each other to develop and launch mobile payment systems. The two giants have adopted different strategies to make a dent in the technology world by introducing mobile wallets, an opportunity that shall bring huge fortunes for them and will make it easy for consumers to make payments.
T-Mobile introduced its "Jump" program today, which will let you upgrade your phone twice a year for any reason at the cost of $10 per month. Should you spring for it? Let's look at the math. T-Mobile has different pricing for each of it's smartphones, but we'll use an iPhone a an example.
With the holidays quickly approaching, more sales are starting to sprout up in preparation for the shopping frenzy. Fortunately, there is an app for that. With Black Friday and Cyber Monday approaching fast, we've compiled a list of apps that will make it easy for you to find all of the latest deals and discounts while managing your spending.
MUMBAI: Payments service provider, Paytm, Mobikwik and Citrus haver tied up with e-Paisa, to enable easy payment option to customers to pay at retail outlets like grocery stores, restaurants and other small brick and mortar merchants through their mobile wallets. Merchants who are listed with e-Paisa - which is a multi lingual mobile based application for card and cash payments -would now be able to accept wallet payments. Once the customer enters an e-Paisa enabled store immediately he receives an alert indicating the offers that are available on the user's wallets in that store.