Skype and PayPal have teamed up to allow users to send and receive money right within the chat from the Skype app. The Send Money feature is live in 22 countries, including the US, UK, Canada, and a number of European markets.
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Google has rolled out an update for the Gmail app on Android that adds the ability for users to send and receive money via email attachments. After updating the app, you will have to tap on the attachment icon and choose whether you want to send or request money. All this is done through the Google Wallet app.
Continue reading “Gmail for Android now lets you send money as attachments”
Axis bank is the now going social and making it easy for users to transfer money to their loved ones on the go. The third largest bank in India will now allow its customers to send money through several platforms, including WhatsApp, Facebook, Twitter, email and SMS, through mobile-based application Ping Pay.
Continue reading “Axis bank goes social, lets you send money via WhatsApp, Facebook and others”
Snapchat has teamed up with payment service Square to launch a new friend to friend money transfer service. Dubbed as Snapcash, the service will allow Snapchat users to send money with a swipe of a finger.
Continue reading “Snapchat introduces Snapcash, a tool to transfer money to friends”
Airtel has launched it’s mobile payment service under the Airtel Money banner. The service is initially available in Gurgaon. This is the first time a Mobile Operator has launched such a similar in India.Airtel already inked tieups with several merchants in Gurgaon including coffee shops, restaurants etc. to accept payments. The service will gradually be scaled to over 3,000 merchants in the city. Continue reading “Airtel Money – Mobile Payment Service launched”
Nokia Money marked the entry of the handset maker into the financial services market. There are more mobile phones in this world than bank accounts. Users might have easy access to a mobile phone but not to a bank account. Nokia Money aims to address this problem and give users the possibility to carry financial transactions using just a mobile phone. Consumers can pay utility bills , pay for services and send money to each other using just a mobile and a mobile number. It literally can work on any mobile phone. Obopay is the company which has teamed up with Nokia to provide this service. Watch the Video Demo of Nokia money showcased at Stuttgart , Germany last week.
httpv://www.youtube.com/watch?v=mpQf4_oG3uA
We really wish such services come to the Indian market soon. We see a huge potential for a mobile payment service in India given Nokia’s brand equity. Only a mass market player like Nokia can tackle the fears which hinder the adoption of m-commerce.
