Mobile Payment Archives - Page 2 of 2

Mobile Money Transfer Fee in India Reduced to 10 Paise – NPCI

March 15, 2011

National Payments Corporation of India (NPCI) reduced the switching fee for Mobile Money Transfers using the IMPS from 25 paisa to 10 paise for successful transaction to the remitting bank. It will be effective from 01 April 2011 to until the end of next fiscal year 31 March 2012. […]

Google Mobile Wallet Phones Running Android 2.3 Gingerbread OS

November 16, 2010

Google CEO Eric Schmidt announced the successor to the Nexus One. The new touch-screen phone is imbedded with a with a near-field communication chip for financial transactions, that makes it a virtual wallet so people can “tap and pay”. It runs on Android 2.3 Gingerbread operating system. […]