A Bunch of New Ways to Pay with your Mobile

Now, several new services will be launched around Europe where you will be able to pay with your mobile device on different credit or bank card terminals. One of these services have children and young adults as their main consumer group.

Since last summer, it has been possible to pay with your  mobile phone directly through credit card terminals around nordic country Sweden with the help of an app called “SEQR”. Now the company's new product “SEQR Go” who caters to children and adolescents - will be released later this year.

How does it work then?

A parent may transfer funds to their child's virtual account, and then the child can pay the retailer by "bliping" the cell phone at the the card terminal. However, this requires an Android phone, and both the terminal and the phone need to have so-called NFC technology integrated - which allows the phone and the card terminal to "talk" to each other without physical contact. Fortunately this technology has been integrated in Android-compatible phones for quite some time now; so if your kid have a relatively new Android phone - this shouldn’t be a problem. 

Only the money that has been put on the account can be used, which means that your children can not use money that don't exist “physically” on the account.

- “The app will be equated with cash”, says Peter Fredell, CEO of Seamless, the company behind the app.

Parents can of course also keep track of the receipts to see which transactions that have been made, or not been made. So if your newly 18 year old youngster have been playing some Live Blackjack, you will be notified :)

Many are perhaps wondering what would happen if your phone is lost or stolen? Can someone else use the mobile to shop for you or your child’s money?

- “To start with, almost everyone has a PIN-code on their phone. And for a transactions of over 200 Swedish Kronors (around £ 20) an additional PIN is required”

Last week the mobile payment service “Samsung Pay” was launched  in Sweden. This function is integrated in Samsungs latest phone models, and so far, some of the bigger banks in sweden are on the train with this new technology. “But more banks are joining as we speak”, says Oscar Happy, head of Samsung Pay in the Nordic region - which comprises of Sweden, Denmark, Norway and Finland. A combination of the techniques NFC and MST are used here.

- “At the moment it works on virtually all card terminals in Sweden”, Oscar ads

To secure the payments some safety measures are required by the user, including fingerprints. No age limit is required from Samsung's part. However, such a limit can be implemented by the card issuer- when the service needs to be connected to a debit card or something similar. 

- “This makes things so much easier and smoother”, says Bengt Nilervall, transaction-expert at the Swedish Trade Federation.

He sees advantages for both customers and merchants, and mentions that the long checkout queues can go faster, as an example.

According to Nilervall there are currently NFC technology in about 15 percent of the country's Debit card terminals, and the goal is to reach 50 % in 2017. “There are more mobile payment services, such as Apple and Android Pay, - unfortunately not yet here in Sweden.”

Guest Article by Andre Utas

Must-have apps for your phone

Image Credit: Pixabay.com

Image Credit: Pixabay.com

Whilst we are all aware of the amazing possibilities offered by our smartphones, most people don't take full advantage of the great range of apps that are currently out there.

But with over 700 apps being developed each day, it can present an overwhelming choice to the modern gadget fan. So here's a quick run-down of some of the must-have apps that you might have missed out on.

Communication

Whilst we may all be aware of headline-dominating social media apps such as Facebook and Twitter, there are many other communication apps that can offer some eye-opening possibilities.

If you're looking to share some personal thoughts amongst friends anonymously, then the Whisper app is great fun. Rather than traditional social media sites that invariably result in people aiming to fit in with their peers, this app can provide some surprising yet entertaining discussions between you and your friends.

Entertainment

The digital revolution has completely transformed the way in which we keep ourselves entertained. Now you can watch entire films on your phone thanks to streaming sites such as Netflix, or even listen to radio stations from across the globe in real-time thanks to apps like Simple Radio.

Gaming has also been completely transformed through smartphone technology. There's even been a boom in online casino sites such as LadyLucks who offer some lucrative slots games via their user-friendly app which can be downloaded for free from the App Store.

Commerce

There has also be a revolution in online shopping experiences with major retailers such as Amazon providing their own apps which allow for a much easier way in which to browse and purchase products. And new apps such as Wanelo allow its eleven million users to share and rate their shopping experiences in a social way that adds a much greater sense of fun and discovery in browsing the huge range of products available in the new online domain.

Connectivity

Whilst we can all enjoy the powers offered by our smartphones' apps, most of these apps are reliant upon a decent Wi-Fi signal to work properly. Thankfully the We-Fi app provides the world's most comprehensive list of internet hotspots, so that even if you're out and about, you can still take full advantage of the amazing possibilities presented from the power of your mobile device. And once you've found a hotspot, the Hotspotio app even allows you to simply share the Wi-Fi connection amongst your friends.