19 July 2018
Visit www.avoka.com
« All videos

What will it take to crack mobile commerce?

04 March 2014 | 3

Hooman Mazaheri, CEO, Europe at Znap, explains why it will take more than just a payments app to crack the mobile commerce market.

Comments: (3)

Bo Harald
Bo Harald - ZEF, Transmeri, Demos, Real Time Economy Program - Helsinki Region 04 March, 2014, 15:46

I suggested in a recent post that mobile payments should take the payment initiation route - as so many more merchants are sending propositions to the customers mobile anyway - and the whole buying+payment can then be a simple press A. The habit and technology is already in place in e-invoicing. Consumers in the Nordic countries get 1 bn invoices a year and SMEs a further 0,5 bn.

The extra benefit with this structured data model is automated accounting and VAT-reporting at both ends..

1 thumb up! 1 thumb up!
Hitesh Thakkar
Hitesh Thakkar - FIS Payments Software and Services India - India 05 March, 2014, 13:25

It will be great if e-invoice can be further automated and integrated with payments. In India, we have seen it happening on Bill presentment stage using brilliant features of Adobe PDF.

Hooman Mazaheri - Znap is voicing the same thing as what Sqaure did by acquiring BookFresh and Restuarant ordering app.

Be the first to give this comment the thumbs up 0 thumb ups!
Bo Harald
Bo Harald - ZEF, Transmeri, Demos, Real Time Economy Program - Helsinki Region 05 March, 2014, 16:33

We are using structured data in national standards with reformatting services for global reach. PDF dose not support this but is sometimes used when a party needs a picture or a digital signature. Reformatting breaks digital signatures as you know - one reason for regulating away mandatoryship in new EU VAT directive.

Be the first to give this comment the thumbs up 0 thumb ups!
Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related company information

mPayMe

Related blogs

Create a blog about this story (membership required)
Visit http://go.jumio.com/finextraAdVisit https://secure.vasco.comVisit info.nice.com

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
11408 views comments | 5 tweets | 7 linkedin
Metro Bank opens developer portalMetro Bank opens developer portal
9984 views comments | 5 tweets | 14 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
9620 views comments | 6 tweets | 15 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
9140 views 19 comments | 14 tweets | 30 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
8673 views comments | 9 tweets | 17 linkedin