DOCOMO promoted the use of iD by offering an increasing number of compatible handsets and cards as well as adding more opportunities to use the iD services. The number of subscribers using handsets equipped with contactless IC chips (Osaifu-Keitai) compatible with iD has surpassed 37.5 million, representing over 60% of all DOCOMO subscribers.

DOCOMO, which is offering a credit payment service known as DCMX, and 67 credit card companies such as Sumitomo Mitsui Card Company, Limited are currently offering credit payment services via iD. A number of companies provide iD-enabled plastic credit cards in addition to Osaifu-Keitai handsets.

Currently, there are approximately 481,000 iD-enabled payment terminals nationwide which allow users to make payments just by waving compatible mobile phones or cards over them.

MasterCard MoneySend allows users in the U.S. to send or request money via their BlackBerry through participating banks and credit unions or when they create a virtual prepaid account through Bancorp Bank. Users can then link their existing debit or credit cards or bank checking account to the new virtual prepaid account and begin sending money via their BlackBerry Smartphone. The designated account funds the MoneySend transaction, and users can manage and trigger the exchanges through the app. Personal and financial information is never stored on the BlackBerry. Certain Bancorp Bank fees will apply.

Registered MoneySend users have the ability to:

– Accept credit or debit card payments

– Send money to family members (*bank sending fees may apply)

– Pay for informal goods and services (*bank sending fees may apply)

– Request money from people who owe money

– Simplify business or non-profit collection effort through the Request Funds feature

– Manage MoneySend transaction history from a BlackBerry

– Invite other users to use MoneySend via email as a function within the app

By adding the sleek, clip-on mophie marketplace card reader, merchants can save time by securely swiping credit cards instead of entering numbers by hand. After swiping the card, data is immediately encrypted using Intuit’s industry-standard security methods. Customers authorize the payment by signing their name on the iPhone touch screen. The merchant can then send them an e-mail or text receipt. GoPayment processes the credit card within seconds and funds are deposited into the businesses’ bank account. An additional option lets businesses integrate GoPayment with QuickBooks Mac to easily and quickly match the right customer and invoice in QuickBooks.

GoPayment, including the Intuit merchant account, offers competitive pricing at $12.95 a month, a 1.7 to 3.7 percent discount rate and $0.30 to $0.34 per transaction fee. There are no long-term contracts, cancellation, gateway or set-up fees, and one account can enable up to 50 users.

[via engadget]

Splash customers use the service by visiting a Splash agent location, including branches of GT Bank. Customers transfer money by completing a free registration, purchasing SplashCash(TM) and sending it by text to any Zain or Africell mobile phone. The recipient then exchanges the SplashCash for cash at any agent location. Agents are currently concentrated in Freetown, Bo, and Makeni, with many more locations due to open throughout Sierra Leone before the end of the year.

“Obopay shares Nokia’s vision for bringing mobile financial services to millions of people worldwide. We’re excited that Nokia has chosen Obopay’s platform. Nokia’s leading market position, strong brand recognition and global distribution channel, using the Obopay platform with uniquely developed mobile elements, means the Nokia Money service is well positioned to bring the next generation of mobile payment services to the world,” said Carol Realini, Founder and CEO of Obopay.

The Nokia Money service will be shown for the first time at Nokia World on the 2nd and 3rd of September 2009 in Stuttgart, Germany, and it is planned to be rolled out gradually to selected markets, beginning in early 2010.

Customers of DOCOMO’s i-mode mobile Internet service on the FOMA 3G network will be able to remit up to 20,000 yen (about 208 U.S. dollars) per transfer, basically just by inputting the payee’s mobile phone number. The payee receives a mail notification via their DOCOMO mobile phone and is given the option of depositing the money in a domestic bank account or having the amount credited to their monthly DOCOMO phone bill. The payee can receive remittances totaling up to 200,000 yen (about 2,080 U.S. dollars) per month.

In addition to anytime, anywhere convenience, DOCOMO’s mobile remittance service does not require the payee to register for the service or open a new bank account. In addition, since the payer basically only requires the payee’s phone number to make the remittance, the payee does not have to divulge any private banking details.

The charges per payment (including consumption tax) will be 105 yen for the payer and 65 yen for the payee. The payee is not charged, however, if the remittance is deposited into a Mizuho Bank account or credited to their monthly DOCOMO phone bill.

The Zap service provides Zain customers access to a full range of transactional services from their mobile phones. Customers can interact with select bank accounts, top-up or transfer airtime, and move money to businesses, friends and family. The service allows customers to pay bills such as electricity, and can even be used to settle grocery bills in the supermarket. Zap has been operational in Kenya, Tanzania and Uganda for several months, making mobile banking services available to more than 100 million people in East Africa. Zain has announced plans to introduce Zap in 22 markets.

Once the Western Union service is launched with Zain, consumers will be able to send cash money transfers from participating Western Union locations around the globe in the same way they do today. Zap customers who are enrolled in the service in select countries will be able to choose whether they want to receive their money in cash at a Western Union Agent location or in accounts tied to their mobile phones (their “mobile wallets”).

Money-transfer receivers who receive funds in their mobile wallets will be able to pay bills, buy airtime or cash out through the Zap service at more than 12,000 Zap agent locations in East Africa.

[via intomobile]

“We’re thrilled to unveil BOKU. Our vision is to provide a new industry standard for mobile payments, bringing ease, accessibility and security to the market,” stated Mark Britto, CEO for BOKU. “The strength of these two acquisitions and our recent financing will help us strategically to enable global consumer adoption and accelerate global carrier coverage.”

“MTN MobileMoney” is a SIM-based, version of Fundamo’s Mobile Wallet Solution ver 3.1, specifically designed to meet the needs of MTN’s subscriber base. Using HSM technologies that offer ATM level security, and a PIN system that prevents sensitive information from residing on the handset, users are entirely safeguarding against theft and fraud.

The solution is also fully compliant with all banking and FICA regulations, enabling banks to login to the system and manage the banking elements of the service while MTN focuses on customer acquisition and retention.

“MTN MobileMoney” doesn’t require users to setup a bank account, instead offering a variety of services; from money transfer, mobile payments and balance checking to mobile purchases, and the ability to buy airtime in real-time. Users have the option to receive a branded “MTN MobileMoney” debit card that can be used to withdraw cash from ATMs.

The trial will make it possible for Kasikornbank customers to walk into a store that accepts contactless payments and to purchase goods simply by waving a NFC mobile phone over the contactless reader at the point of sale. Purchases will be charged directly to the customer’s Kasikornbank credit card account.

Participants in the Kasikornbank mobile payment trial will use their NFC-enabled Nokia 6212 mobile devices to make purchases at more than 1,000 existing merchant locations in Thailand. Near Field Communication (NFC) is a short-range wireless connectivity standard that enables intuitive, simple and safe communication between NFC compatible devices. Products with built-in NFC capability can simplify the way consumer devices interact with one another, helping people to receive and share information and make fast and secure payments.

Venyon’s role in the first stage of the Kasikornbank mobile payment trial is a services partner and in future stages a Trusted Service Manager (TSM). TSM provides neutral and trusted services to service providers, such as banks, retailers and transit operators, and to mobile network operators to enable third party NFC applications to be provisioned over the air (OTA) to the NFC-enabled phones and SIM cards.