| Google, PayPal, VeriFone and US carriers band together to form Mobile Payments Committee Aug 10th 2012, 02:53  There's little doubt that mobile payments hold a ton of potential for the future of commerce, but without proper direction (and willingness for adoption), the technology remains little more than an impractical curiosity for the majority of consumers. In an effort to define a way forward for the mobile payment industry, a large number of heavy hitters have banded together under the umbrella of the Electronic Transactions Association to form the Mobile Payments Committee. Not only does the group include all four of the top US carriers, but also Google, Isis, VeriFone and PayPal. Add to that financial institutions such as Wells Fargo and Capital One, along with American Express, Discover, MasterCard and Visa, and you'll quickly realize that this group is playing to win. Primary goals of the Mobile Payments Committee include fostering relationships with merchants, ensuring consumer access to modern payment methods, exploring best practices and ensuring interoperability of networks, equipment and financial institutions. The group will also engage in lobbying activities with legislators and regulators, and will additionally work to educate both merchants and consumers about the potential of mobile payments. With so many key players (and competitors) sitting around one big table, what wouldn't you give to be a fly on the wall during those meetings? For a little extra insight, just hop the break for the full PR. Continue reading Google, PayPal, VeriFone and US carriers band together to form Mobile Payments Committee Filed under: Cellphones, Misc. Gadgets, Wireless Google, PayPal, VeriFone and US carriers band together to form Mobile Payments Committee originally appeared on Engadget on Thu, 09 Aug 2012 22:53:00 EDT. Please see our terms for use of feeds. Permalink  MobileBurn | | Email this | Comments | | Apple, Samsung reveal sales data to the court, boast of millions served Aug 10th 2012, 02:18  Have a smartphone from Seoul or Cupertino riding in the pocket of your jeans? You aren't the only one. New documents filed in Samsung and Apple's ongoing legal battle reveal specific sales data going back several years, confirming something we always knew to be true: there are a lot of devices out there. Samsung's filing reveals that it has sold 21.25 million phones and 1.4 million tablets since June 2010, and further breaks down the data by device and, in some cases, carrier. The Galaxy S II, for instance, takes the lion's share of US sales with over 4.1 million units sold between all models and carriers. The Epic 4G makes an appearance at 1.89 million sold, and the Captivate totals in at 1.39 million. Finally, the Samsung Prevail lives up to its moniker by netting 2.25 million in sales, lagging only behind the Galaxy S II -- though its $180 asking price brought in significantly less revenue per unit. Apple's charts are a bit less specific, detailing the total sales of its iPhone, iPad and iPod Touch lines rather than the sales of each specific hardware iteration -- though where it falters in detail it makes up in numbers. U.S. consumers have snatched up 85 million iPhones since 2007, alongside 34 million iPads and 46 million iPod touch devices -- bringing in almost $80 billion in revenue, collectively. Puts those quarterly reports into perspective, doesn't it? Check out both charts in full at the source link below. Filed under: Cellphones, Tablet PCs Apple, Samsung reveal sales data to the court, boast of millions served originally appeared on Engadget on Thu, 09 Aug 2012 22:18:00 EDT. Please see our terms for use of feeds. Permalink |  AllThingsD | Email this | Comments | |
