Friday , January 19, 2018

Mobile Commerce

Wal-Mart’s 88-Cent Siren Song

The market for ultra-low-ticket song downloads from online music stores continues to heat up. Wal-Mart Stores Inc. has launched a service on its Web-based operation, Walmart.com USA LLC, that offers single songs for 88 cents, or 11 cents cheaper than what has become the 99-cent standard price for songs available …

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Special Report: Online Fraud’s Hidden Impact

Separate studies of online transaction fraud released this week cast new light on the problem of fraudulent Web transactions. The rate of online fraud is declining, according to a survey of online merchants conducted in October by CyberSource, Mountain View, Calif., a processor of online transactions. But indirect costs resulting …

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Micropayments Could Hit 10% of All POS Transactions

Transactions amounting to $10 or less could potentially amount to at least 10% of all point-of-sale payment transactions processed annually in North America, a bonanza of transaction volume that goes a long way toward explaining why giant card companies and small startup processors alike are chasing the so-called micropayments market. …

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A Cryptographer Says He Holds the Key to a Digital Currency

The dream of a digital currency, a form of money invented just for electronic transactions and just as anonymous as cash in the physical world, is at least as old as the original concept of the Mondex smart card 10 years ago. Next came Cybercash, Digicash, Beenz, Flooz, and others. …

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Survey: Better Content Might Ignite Online Micropayments

A survey released today at a conference on micropayments reveals the extent to which Americans are willing to buy content from Web sites at prices measured in the pennies. Extrapolations from the survey show that 4 million Americans made micropayments for digital content costing $2 and under in the past …

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Another Micropayment System Gets Ready for Rollout

The rising number of online content providers is provoking a steady stream of startups looking to facilitate payment of small fees for everything from ringtones to comics to newsletter items and songs. One of the latest is Palo Alto, Calif.-based Bitpass, which is in it the beta stage of attracting …

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MasterCard Mulls the Results of Chip and M-Commerce Pilots

MasterCard is evaluating the next step for its contactless payment program following the conclusion of its PayPass test using a chip-based card in Orlando and as it nears the conclusion of a test involving the use of cell phones as a payment device in Dallas. The card company is expected …

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Payment by Phone Bill Picks Up Momentum

A payment service that allows Internet content and service providers to bill their customers via their phone bill has been gaining momentum. Although San Jose, Calif.-based PaymentOne, a billing service for 50 large Internet service companies, provides those companies with six different payment options, the PhoneBill choice is being used …

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Peppercoin Assaults the Micropayments Market

A service that has been in alpha test for the past three months to allow consumers to make micropayments for entertainment services is expected to be rolled out in the next month. Early participants in the service offered by Waltham, Mass.-based Peppercoin Inc. include Music Rebellion, an online service that …

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Microsoft and Vodafone Work to Link PC-Wireless Transactions

Microsoft Corp. and Vodafone Group PLC are working together on technology standards that would allow personal computers to exploit wireless networks for functions ranging from user authentication to payment to text messages. A company that sells online games, for instance, could use the new mobile Web specifications to accept micropayments …

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