Mobile payment service

National Payment Corporation of India (NPCI) has extended its Interbank Mobile Payment Service (IMPS) to merchants in a bid to facilitate micro payments for service transactions at a cost of 25 paisa per transaction. "There are…

Paymate, one of the leading company in India for mobile payments has launched PayPOS, a mobile app that converts your mobile phone into a card processing terminal and allows merchants to accept credit card payments on the move. India…

The 2nd largest private bank in India today announced the launch of its mobile payment service that allows its customers to make payments through their mobile phones using their debit / credit card registered with the bank.  Movida,…

The global market for mobile payments is slated for a blockbuster growth in the next five years. Gartner estimates the number of mobile payment users to reach $340 Mn and a total transaction value at $245 Bn by 2014. The mobile payment…

I am sure many of you have have made payments on your mobile earlier – but in all cases it requires a GPRS or Internet enabled phones. I just came across a new service launched by Galileo and Paymate in India – Msmart - that allows…