Oberthur to Buy Mobile Financial Services Firm
Oberthur today announced that is has agreed to acquire MoreMagic for an undisclosed sum. MoreMagic's chief product is called Mobile Money, which offers people the ability to make mobile payments, send money to others, as well as receive money on their mobile device. It targets both developed and developing regions. Oberthur, which makes smart card technology found in SIM cards, said that once the acquisition is complete, it will be able to offer a wide range of mobile financial services, including payment and money transfers and NFC-based transactions, to its customers.
Google Wallet Users Can Send Money Via Text Message
Google Wallet now lets people send money to others using only a phone number. The app has supported the ability to send money via email for a long time.
Google Launching Android Pay Today
Google said it is making Android Pay, its reborn mobile payment service, available to Android handsets beginning today. The app will be pushed to small batches of users over the next week, according to Google.
iOS 11 Won't Support Peer-to-Peer Apple Pay Right Away
Apple today reiterated that iOS 11 will reach iPhones, iPads, and iPods Touch beginning September 19. Not all the new features will be available at launch, however, with Apple Pay on deck for later this year.
Google Unfolds A Brand New Wallet App for Android
Google today released a fully redesigned Google Wallet application for Android devices. Google Wallet is not an app for making mobile payments at retail.