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May 07, 2012

MasterCard Mobile Payments Readiness Index (MPRI)

MasterCard logo 140pxMasterCard has unveiled the MasterCard Mobile Payments Readiness Index (MPRI), an analysis of 34 countries and their readiness to use three types of mobile payments: person to person, mobile web commerce, and mobile contactless payments at the POS.
"Technology infrastructure, a responsive regulatory environment and a robust economy are table stakes for the advancement of mobile payments," said Theodore Iacobuzio, vice president, Global Insights, MasterCard Worldwide. "The necessary conditions are consumer readiness and industry integration. As no one entity can develop and promote mobile payments by itself, key players in the ecosystem must work together to collectively advance the cause of mobile payments."

To download an executive summary of the Index, view an Interactive Global Map of the data, or study the findings of the 34 countries that make up the Index, visit

Heartland Introduces Mobuyle Restaurant Mobile Payment Acceptance

HeartlandPayments logo 140pxHeartland Payment Systems announced its Mobuyle Restaurant solution, which enables restaurateurs to accept credit, debit and gift card payments through Android smartphones and mobile devices.
"Restaurant merchants are finding mobile to be an outstanding alternative to traditional terminals and Heartland is leading the charge in providing a secure and comprehensive mobile payment acceptance solution," said Mike English, Heartland's executive director of product development. "By accepting credit, debit and gift card payments through Android smartphones and mobile devices, Mobuyle enables restaurateurs and their staff to enhance the overall customer experience."

Western Union Launches Business Payments Wallet

WesternUnion logo 140pxWestern Union has announced the launch of its new business payments wallet for clients of Western Union Business Solutions in the United States and Canada. "The technology allows clients using Business Solutions’ Online FX platform to add and hold funds on balance for future use and enables them to make convenient email payments to international recipients."

Payments Views - The Dawn of a New Era for Small Biz Banking?

GP Logo Horizontal 140pxGlenbrook's Erin McCune is back from NACHA Payments 2012, and the most interesting things she heard and saw had to do with small business banking and payments, a long suffering, underserved segment of the market. Why underserved?
Small businesses are traditionally ill served because the consumer platform is inadequate and treasury management solutions are overkill. They are stuck in the middle, with too few features or way too much complexity. This is ironic given that small businesses are a prized, profitable, customer segment.

Over on Payments Views, Erin wonders if this might be "the dawn of a new era for small biz banking".

Regulating Mobile: Distinguishing the Payment from the Channel

Portals and railsCynthia Merritt, assistant director the Retail Payments Risk Forum of the Federal Reserve Bank of Atlanta, has posted an important article on the current policy debate about mobile payments regulation. As her post points out, "the handset is just a device, not a payment". This is part of the Atlanta Fed's ongoing Portal and Rails series of articles.

Payments Views - Who We’re Watching in Payments 2012

GP Logo Horizontal 140pxOver on Payments Views, our sister blog, Glenbrook's Russ Jones takes a quick look at eBay, Google, and Facebook, comparing what each is doing in the world of online payments. We'll be taking a deep dive into all three -- plus Visa and Square -- at a special Payments 2012 Workshop being held May 15th in Santa Clara, CA. This workshop is designed for Glenbrook Payments Boot Camp Alumni.


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