The implementation of mobile payment into applications should be streamlined as well and developers should not be required to reinvent the wheel. Robles' team of developers is working on a set of APIs and user interface components that can be easily understood and plugged into banking and financial applications.
In recent years East Africa has emerged as a hotbed of creative solutions to meeting people's energy needs as I saw for myself during my visit to Kenya and Tanzania earlier this year. The nexus between clean energy and mobile-based technology is one that is helping bring power to some of the remotest corners of the continent.
A year after the launch, we have processed over £2 million gross transactions through Collins Pay and we are expecting over 100% year on year growth. By focusing on a space where transactions were already happening in vast quantities, but analysing how it could be done better for our clients and their customers whilst integrating this directly into their current booking flows, Collins Pay stands alone in this space.
Allowing users to verify their identities and log in to websites and mobile applications using existing profiles from networks such as Facebook and LinkedIn not only creates a more streamlined experience for consumers, it also enables marketers to capture and leverage rich, first-party social identity data.
Airlines have long been reliant on credit cards as the primary payment type they accept online. However, as carriers' margins are increasingly squeezed, the industry is becoming more aware of the importance of enabling alternative payment methods to gain competitive advantage - and new research shows mobile is top of mind.
With a mobile wallet the process could be quite different. Consider this: you're walking past your favourite Indian take-away on the way home. As you walk past you get a text offering you half-price on your favourite curry. The next day you walk in and order the curry, paying by flashing the back of your phone at the point of payment with the offer applied automatically.