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5 HOURS AGO - Yahoo! News

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Visa, MasterCard moving into mobile pay in Africa

NEW YORK (AP) — Americans may just be getting used to mobile pay, but consumers in many African countries have been paying with their phones for years. Now payment processors Visa and MasterCard want to get a slice of that market, and are launching card services aimed at Africa's growing mobile payment industry.

Tags: Visa, MasterCard moving into mobile pay in Africa,  Mobile Phones Latest News

MAR 01, 2015 - San Francisco Chronicle

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Q&A on Samsung's new mobile pay: Here's what's we know

Apple and Samsung phones use a wireless technology known as near-field communication, or NFC. While NFC transactions can be authorized through the phones' fingerprint sensors, LoopPay transactions might still require a physical signature. Bill Gajda, a senior vice president at Visa, says LoopPay will help get customers more comfortable with mobile payments, as more merchants will accept them. Samsung is ...

Tags: Q&A on Samsung's new mobile pay: Here's what's we know,  Mobile Phones Latest News

FEB 23, 2015 - Forbes

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Chinese New Year Goes Virtual, With Big Benefits for Tencent and Alibaba

It’s traditional for Chinese to exchange red packets of money, called hongbao, at the Lunar New Year. Kids of all ages receive them up until they are married, at which point they are obliged to start giving them. Now, due to the massive use of mobile phones in China, hongbao have [...]

Tags: Chinese New Year Goes Virtual, With Big Benefits for Tencent and Alibaba,  Mobile Phones Latest News

FEB 20, 2015 - San Francisco Chronicle

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NSA phone-hacking allegations alarm rights groups

LONDON — Rights organizations on Friday called for urgent steps to be taken to protect private calls and online communications after allegations that U.S. and British agencies hacked into the networks of a major SIM card maker. A story about the documents posted Thursday on the website the Intercept said the agencies hacked into Gemalto’s networks to steal codes that ...

Tags: NSA phone-hacking allegations alarm rights groups,  Mobile Phones Latest News

FEB 20, 2015 - San Francisco Chronicle

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Rights groups call for action over reported US-UK phone hack

LONDON (AP) — Rights organizations on Friday called for urgent steps to be taken to protect private calls and online communications after allegations that U.S. and British agencies hacked into the networks of a major SIM card maker. A story about the documents posted Thursday on the website The Intercept said the agencies hacked into Gemalto's networks to steal codes ...

Tags: Rights groups call for action over reported US-UK phone hack,  Mobile Phones Latest News