Please see the following from a newsletter I received today: "Retailers have a further incentive to incorporate mobile payment options by October 2015. That's when American Express, Discover, Visa and MasterCard plan to impose penalties on retailers that don't install terminals that accept payments from contactless smart credit cards and smartphones with NFC chips.
As consumers get used to paying for their retail purchases via their phones, they'll expect the government to offer that option, too.
There are plenty of places the government could allows such payments, including parks, Department of Motor Vehicles offices, schools and almost anywhere a government agency accepts credit cards. "
This is terrific news!!! Everything else in real estate transactions nowadays is electronic including e-signatures with the exception of escrow deposits, and settlement funds....and now that can be handled too!! YEAH!!!!!
On Monday, the city of Boston announced it would extend a contract with TicketZen for a full year after experimenting with the company’s app for the past three months. BostonBeta reports that during the trial period, more than 5,000 people used the app to pay more than 7,000 parking tickets, raising more than $250,000 in revenue for the city.
“The numbers show brisk demand for this service,” Boston Mayor Marty Walsh said in a statement. “Thanks to a common sense innovative solution, paying a parking ticket is a little bit easier to take care of. I’m thrilled that the City is able to partner with the homegrown talent at TicketZen to get this done.”
TicketZen partnered with the Boston Transportation Department and the Mayor’s Office of New Urban Mechanics on the project.
TicketZen works by allowing people to scan a photo of their parking ticket with their smartphone camera. Once the app processes the ticket information, the user can then make a quick payment with their saved account information in the Apple iTunes stores. If the user’s smartphone is unable to scan the ticket barcode they can also manually type in the violation number.
The city of Boston is also testing out a payment version through the Google Play store for Android devices.
Although the app itself is free, the company charges users a $1 “convenience fee” to pay parking fines through the app.
As TicketZen spreads to other cities and states, it is creating a unified payment apparatus that can expedite the payment process. That’s an obvious benefit for local governments but it can also help save money for users, who may otherwise forget to pay their ticket on time or have trouble navigating an online payment system through a local government’s website.
“Cities that leverage this unifying product will not only be able to take advantage of making it easier for their citizens to interact with their government but also take advantage of making it easier for tourists to do the same," co-founder Cort J
on only 1100 volume....what is going on?????????????????????????//
Hope CIBG makes some headway due to gold price increases....anyone out there by the whey?? Hope so...CIBG has delayed it recent reporting...not sure what that portends, but guess we'll just have to wait and see.
to the Canadian entry??? Regardless...I think Dan and everyone still want to make this baby work ...agree?/disagree?
I would say....deafinitely....loll...triple lol....and more lol...have a good day all..the best is yet to come!!! jmo!
Mitek Optimizes Mobile Web Photo Capture of Driver's Licenses and Other IDs
New Browser-Based Image Capture to Drive Revenue by Speeding Consumer Enrollment and Improving Forms Completion
Hhhh...ha...I like your attitude ....when a pharma has all the cards...why make a big deal about anything...jmo..
before the price escalates again??? Just a suggestion...and a question...I think he would appreciate it...now that MITK is "in the money"....lol...
So imho the only reason why it hasn't escalated to those levels is someone/something is VERY VERY interested in a buyout offer...hey MITK...did you ever hear of a poison pen???????????????????????
Wow...what will tomorrow...tomorrow...I love you...tomorrow...your only a step awhey!!!!!
must know that...so he's in for a "few" shares...just to make $$$ when the company is sold...maybe to MA or V...jmho.
nor will it diminish the level to which additional and current banks subscribe...anybody agree? Disagree?
Also, while i'm at it, what will 11/6/14 bring us when earnings are reported...the spread on MITK's earnings right now is minimal...all MITK needs to do is beat -$0.06/shr and it will beat the predicted earnings.
Last quarter the prediction was $0.08/shr and MITK came in at -$0.05. Now with the lawsuits settled, and an increase to 3000 with banks that subscribe...it seems difficult to believe otherwise.
Again, anyone agree? Disagree?