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""I really think there is a need here. Simplicity, efficiency and fun," he said. "There is a lot of power in being able to push coupons, updates to loyalty cards, tickets and payment options right to the lock screen of a consumer's device. Geo-locating passes is an incredibly powerful feature of the Passbook platform. Nothing could be simpler than shopping at a mall and automatically seeing the passes that are relevant to what's around me: 'Oh yeah, I forgot I had that 15 percent off coupon at Bose. I might as well stop in.' " That's exactly the sort of practical perk that Passbook's early adopting brands seem to love. Online movie ticket service Fandango was a Passbook launch partner, and the company president tells Adweek that the brand's iPhone app downloads skyrocketed with the debut of Passbook. While mobile tickets were already available through the Fandango app for select theaters, Passbook simply made them easier for customers to use. When you arrive at the theater before the movie, your mobile ticket pops up on your iPhone lock screen. Swipe the icon to open the ticket in Passbook (without even having to unlock your phone), and you're good to go."

It ties Facebook up with one of the bigger companies in the area of mobile billing: Bango is the payments provider for RIM's App World, which yesterday once again laid claim to being the second-most profitable app storefront after Apple's

Two-click mobile payment system - Paypal wants to own the mobile payment market.

weekly 10.28

The next step in their NFC payment project.

Look for follow up with more information.

Weekly 11.18

PayPal, which is owned by eBay, has acquired Fig Card, which provides merchants with the means to accept mobile payments using a simple USB device. Customers using the system need only to download an application, which works with the existing Wi-Fi hardware on their smartphones. The acquisition is part of PayPal's strategy to lead in the mobile payment arena. 

PayPal's next generation payment platforms.  person to person "bump" payments and transfers, location based offers that instantly transfer real dollars to your PayPal account for use in a certain store, barcode scanning with price referencing, QR code check-out, instant scan to pay from barcodes to skip the cash register line and a full post-checkout money management platform that let's you choose how to pay, after you've actually paid for it.

Isis has lined up strategic partnerships with most major stakeholders for a summer roll out.