Network management and security specialist Mako Networks has teamed up with Sprint to provide services for the operator’s mobile customers.
According to the company’s statement, the deal will see Mako’s (Auckland, New Zealand) technology added to Sprint’s (Overland Park, KS, USA) portfolio of services for retailers and distributed enterprises.
Mobile payments specialist HybridPayTech says it has chosen Vodafone’s M2M platform to provide connectivity for its service.
A subsidiary of Freeport Capital (Montreal, Canada), HybridPayTech claims to offer the world’s first completely secure, end-to-end mobile payment service that can process both credit and debit card transactions.
Isis, a venture of three of the top U.S. mobile providers, said on Tuesday it would expand its much-delayed mobile payments service nationwide later in 2013 after it tested the concept with consumers in two markets.
Isis, formed by Verizon Wireless (New York City, NY, USA), AT&T Inc (Dallas, TX, USA) and T-Mobile US (Bellevue, WA, USA), is a so-called mobile wallet service that allows consumers to make payments by waving their phone at a check-out terminal, instead of using a plastic card.
The UK’s Three has made further progress on growing its M2M business through a new wholesale deal with data airtime provider Mobius.
Under the partnership, Mobius (Coalville, UK) will use Three Wholesale’s network to provide connectivity and NFC services for devices used in the retail and hospitality industry.
The operator says its “ultrafast” network will power NFC and contactless payment terminals used to process customer orders and transactions and also serve as a back-up for fixed-line data connections during outages.
Electronic payments specialist Atos Worldline says it is to provide a range of secure shopping services over the R-Link multimedia system used in Renault vehicles.
Under a new arrangement between the two companies, Atos (Bezons, France) will deploy services on Renault’s R-Link cloud services platform, using Orange Business Services (Paris, France) as a connectivity provider.
M2M and mobile payments specialist Gemalto has to supply prepaid payment cards to the Mobile Financial Services (MFS) joint venture between Telefonica and MasterCard.
The cards – based on the EMV (Europay (Waterloo, Belgium), MasterCard (Purchase, NY, USA) and Visa (Foster City, CA, USA)) standard – will be used to support a new payment service in Brazil called Zuum, which is being offered through Telefonica’s Vivo (Sao Paolo, Brazil) subsidiary.
Alibaba Group, China's largest e-commerce firm, will take a 28 percent stake in digital mapping company AutoNavi Holdings Ltd, part of Alibaba's move to boost its competitiveness by beefing up its product lineup.
Unlisted Alibaba (Hangzhou, China) will invest $294 million to become the largest shareholder in the Chinese-based firm, according to a statement from AutoNavi (Beijing, China) on Friday which confirmed an earlier report from news portal Sina (Shanghai, China).
PayPal is extending its reach to more physical stores, having signed up 50 merchant acquirers which help process payments but the eBay Inc unit has yet to persuade Wal-Mart Stores Inc, the world's largest retailer.
PayPal's expansion into brick-and-mortar stores gives the company access to a market that is roughly ten times the size of the online payments sector where it got its start over a decade ago.
PayPal will soon be ubiquitous in U.S. retail stores, but just being there may not be enough.
The online payment service will take a giant step beyond its Internet roots on April 19, when a partnership with Discover Financial Services (Riverwoods, IL, USA) officially kicks in. The deal means that, by the end of this year, PayPal will be accepted as a payment option in roughly 2 million retail stores that already take Discover credit cards.
Shipments of so-called MFF2 SIM cards designed to withstand the harsh conditions of various M2M deployments rose by 42%, to 5 million, between 2011 and 2012, according to new figures released by trade association the SIMalliance.
The organization said the increase illustrates the potential of the M2M opportunity and expects to see further growth in the next few months as applications are introduced in new vertical markets.