Issue 46 • JANUARY 2014
#PAYMENTS Major UK banks announce Zapp integration
THIS MONTH... News
• O2 junks its Wallet as m-payments market heats up 2 • Summit in the air? A sneak peak at our plan for a payments summit 2 • Global Radio to use Square 1 for Who’s on Heart competition 3 • txtNation expands into Kenya and Uruguay 4 • IMI Mobile and O2 launch Twitter self care service 5 • Global Charge becomes first Payforit approved in-app payment provider 5
Analysis EDITORIAL Context is king Paul Skeldon takes a look at the year ahead and suggests that, with consumers driving m-commerce, understanding their context is crucial to making money 6
HSBC, FIRST DIRECT, NATIONWIDE, Santander and Metro Bank are to be the launch banks for Zapp mobile payments in the UK, opening up simple and secure mobile payments to some 18 million UK consumers in September 2014 when the service goes live. Built into existing mobile banking apps, Zapp – which is sponsoring the Mobile Theatre at Internet Retailing Expo on 26-27 March at the Birmingham NEC – aims to make mobile payments for both online purchases and ultimately in-store ones too that come directly from users’ bank accounts. In an crowded mobile payments space, Zapp stands out as it is integrating at the bank app level – as well as offering Faster Payments, so that merchants don’t suffer cashflow issues – so that consumers actually get a simple way to pay with their mobile phone and bank account, rather than having to rely on numerous wallets for and long passwords. Already, the likes of O2-Telefonica have scrapped their O2 Wallet product due to poor uptake – in part due to being very complex to use. It has long be recognized that mobile payments will only work if it makes paying for things easier than it is by other means. Zapp appears to offer this and these five major banks agree. Steve Pateman, Executive Director, Head of UK Banking, Santander puts it like this: “Listening
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ANALYSIS Ten for fourteen MEF offers its top ten predictions for the year ahead for the world of commerce and content globally 8
ANALYSIS you got game? Peter Driessen CEO and Co-Founder of Spil Games takes a look at how advertising in games and on games consoles could be the next big place for brands 10
DIRECTORY
The leading industry directory of services 12
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