Showing posts with label Visa. Show all posts
Showing posts with label Visa. Show all posts

Visa and Samsung Make Paying for Purchases Easier

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 How would you like to be able to use your phone as your credit card? What at one time seemed only like a futuristic dream, will soon be a reality for Samsung users.  It has now been announced that Visa and Samsung will be partnering to allow users to make mobile payments.  Visa’s NFC payment system will now be built into all future Samsung smartphones. This is not only a big step for Visa and Samsung, but it also lends to the viability and credibility of NFC payments.

 Visa and Samsung Make Paying for Purchases Easier

Essentially the way that it works, is that Visa will provide the secure element that will allow payment processors to communicate with banks.  As such, multiple payment processors and banks will be able to use this element within Samsung phones, allowing for a full variety of apps and wallets to be developed for the various processors and banks.  In many ways, Visa has won this battle for control over NFC payments.  Moreover, it is a huge setback for Google Wallet.  Google has had difficulty getting carriers to adopt its NFC. Samsung’s decision to go with Visa will further complicate Google’s aspirations to put their payment system into mobile users’ hands.
Visa is already a major player in the mobile payments market. In fact, Visa already has agreements with many mobile payment systems. Moreover, they work with Isis.  Isis is a mobile payment consortium that has the backing of multiple U.S. carriers.  Carriers that are a part of Isis include Verizon Wireless, AT&T and T-Mobile.  By partnering with Samsung, the global leader in smartphones, the two companies are perhaps uniquely poised to offer users mobile payments. Anyone that has the soon to be released Samsung Galaxy S IV will be able to use NFC payments. Therefore, what is great news for Samsung and Visa, may also be great news for the consumer.
keep up with the newest technologies and contemplate about how these will be used in the future. On this blog I'll share my thoughts about the future of technology, based on the high Tech RoadShow inventions of today. Enhanced by Zemanta
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Intel Bringing Smartphones to More Countries, Partners With Visa on Mobile Payments

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BARCELONA — Intel continues its steady march into the smartphone market with new international partners in Europe, India and China. The company announced new Intel Atom-based handsets with European provider Orange, India’s upstart provider Lava International, and China’s ZTE, as well as a long-term partnership with Visa

Intel CEO Paul Otellini delivered the mobile Atom CPU (formerly code-named “Medfield“) update at Mobile World Congress. He noted that Intel is “no stranger” to the mobile market, stating that Intel shipped 400 million RF devices in smartphones in 2011. But the company also realizes that it needs to deliver a platform like the Atom Z2460, which partners are now slowly building into handsets around the world.

On the smartphone partner front, Orange is building a mass-market entertainment phone, which will ship in the U.K. and France this summer. Running Intel’s Atom Z2460 system, the phone will come loaded with a variety of Orange entertainment services. Yves Maitre, SVP Mobile Multimedia and Devices for Orange, said his company decided 18 months ago to “address a mass-market position,” while still delivering industry-leading features. “It’s a huge challenge,” said Maitre

India’s Lava plans on delivering a high-end XOLO X900 smartphone, which will feature an Intel 1.6GHz processor, 400MHz GPU and an 8-megapixel camera. Lava Cofounder and Director Vishal Seghal described India as the world’s fastest-growing large smartphone market. China’s ZTE has also joined hands with Intel and will deliver Atom-based handsets later this year.

Missing from the partner list was any company that would deliver Intel-based smartphones in the U.S.

Intel also announced a multi-year strategic alliance with Visa. The companies will work together to bring Visa’s services, including PayWave mobile transactions, to Intel smartphones.

Otellini also spent some time outlining the mobile CPU roadmap. Moore’s law, which states that the number of transistors (and thereby processing power) will double every 18 months, may be too conservative for mobile development. The current Atom CPU is built on a 32 nanometer process. By 2013, it’ll be on a 22nm process and 14 nm by 2014.

Advancements like that make it clear that Intel and its partners will be delivering more and more powerful smartphones over the next two years. Yet, even with heavy-hitter partners like Lenovo (which is shipping the Intel-based K800 in China) and Visa, the chip giant has yet to breakthrough with a smartphone in America, which is thus far dominated by ARM-based mobile CPUs.

Intel may be able to start turning the tide with the introduction of a new low-end Atom mobile CPU, the Z200. Offering 1GHz speeds and a price point that could allow manufacturers to build sub-$150 phones, the Z200 is aimed squarely at the rapidly growing value market.

keep up with the newest technologies and contemplate about how these will be used in the future. On this blog I'll share my thoughts about the future of technology, based on the high Tech Road Show Blog inventions of today.
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