BWild |
September 29, 2014
China Mobile calls upon Gemalto to help make payments more secure for Chinese commuters
Gemalto, a leading provider of digital security solutions, has been chosen by China Mobile to protect consumers using mobile payments for mass transit in Beijing, China. The company will be using its UpTeq NFC Multitenant SIMs in order to protect consumer information when they are making payments for transportation services. The SIMs that mobile consumers will be using will come pre-loaded with the Beijing transit application, which is used by more than 22 million commuters every day.
Transportation app will allow consumers to easily make payments for transit services
The application has been a boon for those making daily commutes. The app allows people to pay for transit services using their mobile devices, making the payment process more convenient. China Mobile has been a prominent supporter of mobile payments in recent years and believes that the public transportation space could use more support in its engagement of mobile consumers. Ensuring that payments made from a mobile device are secure could encourage more people to take advantage of the mobile services that the public transit space is offering.
New SIMs will provide mobile devices with NFC capabilities
The UpTeq NFC Multitenant SIMs will be able to host a wide range of mobile services, including couponing and loyalty programs. The SIMs will be able to give most smartphones NFC capabilities, allowing them to interact with NFC-based payment and marketing initiatives. China Mobile users will also be able to make use of NFC-enabled mobile applications that can be downloaded through the organization’s 4G networks.
Improving security may help make mobile commerce more attractive to consumers
Security is one of the top priorities for companies that are beginning to enter the mobile commerce space. Many consumers have been wary of mobile payments because of the lack of security solutions available for new payment platforms. As security increases, more consumers are likely to participate in mobile commerce. Gemalto has significant experience in matters of security and may be able to help promote mobile payments among Chinese consumers.
Denny |
September 3, 2014
JD.com IPO raises $1.78 billion from US investors
American investors may be strongly interested in Chinese Internet companies, thanks to the recent success of JD.com’s IPO. JD.com is an e-commerce organization based in China, which launched an initial public offering recently to great success. The IPO raised some $1.78 billion for JD.com, which exceeded the company’s expectations by a significant margin. The warm reception that JD.com has received may bode well for other Chinese companies that are preparing to launch their IPOs in America.
Chinese retailers engaging mobile consumers are attracting the attention of investors
Like other companies that have placed a priority focus on e-commerce, JD.com has been working to engage the mobile audience in China. More consumers are becoming reliant on their mobile devices, using smartphones and tablets to interact with one another and shop online. Companies like Alibaba and JD.com have taken notice of this trend among consumers and are positioning themselves to become powerful forces in the mobile space.
Alibaba’s IPO may benefit from efforts in the mobile commerce space
Alibaba is on the verge of launching its own IPO in the U.S., hoping to generate a great deal of interest among investors. Alibaba has been working to establish a strong presence in the mobile commerce space and has managed to find significant success in this endeavor in recent years. Engaging the mobile space may help Alibaba’s forthcoming IPO performance. JD.com has also been working to engage mobile consumers more effectively and this effort may have had a significant impact on the company’s IPO in America.
Investors are eager to involve themselves in companies that have a mobile commerce focus because of the promise of return
Investors have been showing interest in companies that engage a mobile audience because of the growing popularity of mobile commerce. The advent of mobile technology sparked a major shift in commerce, which is becoming more noticeable as consumers begin to rely more heavily on their mobile devices in daily life. Investors are eager to support companies that are finding success in the mobile space and reap some of the benefits in doing so as well.