Mobile Payment Pros & Cons

Mobile payment devices offer merchants lower transactional costs, faster payment and improved sales analytics. As Mobile Payment Devices become more ubiquitous, merchants are embracing the new Touch-friendly Retail Technology. So what’s the down side?

When Social Coupon behemoth Groupon recently announced to Wall Street the introduction of its new mobile payment device, the market responded with an impressive 8% jump in its stock price in a single afternoon. That kind of stock performance is particularly notable considering that the Wall Street bean counters have been prognosticating the ultimate demise of the King of the Daily Deal for some time now. Dubbed the Groupon Payments App, the compact rectangular device now joins a growing stable of similar devices which include Square, a third party app introduced by Twitter’s Jack Dorcey, Intuit’s GoPayment, PayPal’s Here, Google’s Wallet and Amazon’s Payment. A number of other third party providers are quickly coming on to the scene with names like Mobeam, which employs light to beam payment information to a barcode scanner, LevelUp, and interchange 0, which offers cost-free transactions. It’s expected that that other internet tech companies will be joining the party as the market is expected to reach $600B globally by 2013.

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The iOS 6 Test Drive

Apple’s Test Drive of New iOS 6 encounters a Few Bumps on the Road. Users are introduced to 200 great new features in spite of glitches that encouraged a lot of road rage. In describing all of the new features found in Apples just released IOS 6 mapping software, one is reminded of Nancy Pelosi’s now famous comment that “We need to pass Obama Care before we know what’s in it.” With the release of Apple’s iOS 6, consumers had an opportunity to find out what is in iOS 6 and discovered some surprises in its functionality. Just as it is with a 20,000 page congressional bill, it’s going to take some time to absorb everything it contains and work out some of the rough spots. One headline-grabbing dysfunctionality involved Apple’s major glitch in its much touted map app. Never the less, iPhone 5’s loyal fans are undaunted by the glitch and are confident that Apple will correct the problem in time. Indeed, 83 percent of iPhone buyers report that were still planning on upgrading to iSO 6 from another iPhone mobile app.

With that mapping issue aside, users are slowly becoming familiar with the addition 200 apps that are contained in the iOS 6. Of those, there are 5 new apps that deserve immediate attention:

  • VIP Mail-This feature has been updated to allow users to send a photo or video using the photo app rather than having to cut and paste an image through the email app. This is a great feature for those who get a lot of important email that will no longer get lost in the shuffle.
  • Passbook- Store information such as discount coupons, tickets and event and boarding passes that an attendant can scan right from your mobile device. It also allows the access to information such as important dates and account balances.
  • Do Not Disturb- Provides a list of calls and messages received while you were preoccupied by other activities such figuring out your location on iMap.
  • Improved Safari Browser- incorporates an off line reading application which allows you to read a web page while not connected to the internet.
  • >Choice of alarm sound- Gone is the irritating sound of an imitation alarm clock. Now you can choose a number of pleasing apps to wake you out of your slumber.
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iPhone Dominates AT&T...Verizon, Not So Much

As much as the iPhone is highly available on Sprint and Verizon wireless, these two companies have a lot of their iPhone subscribers; however, ATT still takes the lion’s share when it comes to iPhone subscriber users on their network.

Numerous surveys done by a number of consumers still prove that iPhones still account for a higher percentage of more than half of all phones being used by ATT. The deal is, ATT has a large lion share of iPhone users because they consistently promote upgrades amongst their existing customers who use iPhones whose two-year contracts are just about to end.

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Mobile Protection Must-Do Tips

As we move from a world that sits behind computers to a world that takes the computers with us, it’s become increasingly startling that the general public, while being protective about their privacy through other resources, simply doesn’t realize how to protect their personal and sensitive information when it comes to mobile phones. Endless surveys have revealed somewhat scary numbers that it’s time to begin educating smartphone users about the dangers that lie in keeping your personal information stored on their phones.

Apps

When you install an app on any smartphone, you usually aren’t made aware of the exactly how much information the app accesses, at least not without going into any specific settings. Several apps don’t even function without accessing this data.

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iPhone 5 Finally Arrives

There has been lots of anticipation and speculation of the long awaited iPhone 5. It has finally arrived and now the main question is whether is worth that upgrade? While Apple does a great job by keeping the cutting edge, finally the rumors can be put to rest. Lets take a deeper look into some of the changes and features that the iPhone 5 has undergo.

Design

For starters the iPhone 5 has been redesigned with a 4 inch 16.9 ratio widescreen making it ½ inch longer than the 4s, but has maintained the same width. In addition it is 18% thinner than the 4S, giving the phone a sleeker more ergonomically friendly design. With the new changes to the iPhone 5, the device will now be 20% lighter to accommodate the new sleek design.

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