UPDATED 17:35 EST / NOVEMBER 21 2011

More Tools Target Mobile Payments Developers

The cold breeze of the holiday season is already sending the chill of excitement amongst merchandisers and online stores like eBay and Amazon. They’ve brought out a variety of early gimmicks to lure customers and fulfill holiday wishlists, which they’ve been tracking anyway based on your tags and purchasing behavior.  With an increase in tablet sales comes an increase in app purchases, expanding the mobile ecosystem even further. This is what Android developers are banking on, with the ongoing integration of mobile payments technology.

An early supporter of no-credit-card-required billing options, PaymentOne offers Android developers tools to monetize apps and in-apps content.  They’re targeting the 3 billion Android mobile phone users out there, many willing to consolidate around their smartphones.  The availability of PayOne Mobile SDK with Android One Click API will enable one-click payments that show up on the following month’s bill.  The system detects the user’s mobile phone number and sends a confirmation of the purchase via SMS.

Executive vice president of PaymentOne, Brad Singer recognizes the difficulty of monetizing that burdens most Android developers. He shares how PayOne Mobile SDK can help alleviate this load:

“The toughest challenge any developer faces is how to make money from their apps. Freemium is a great business model to engage consumers, and we enable developers to remove all friction at the point of purchase while maintaining a highly secure transaction. In a world where every connected device is ‘commerce ready,’ PaymentOne’s SDKs continue to optimize the payment process for the specific device, platform, media and user experience.”

Mobile payments gains big name partners

Aside from the Android update, mobile payments are now beginning to show incredible market presence with the biggest names launching several products and services. Visa, a global leader in cashless transactions, has vowed to offer mobile payments in developing nations. They have also recently introduced the Visa Developer Center. This will serve as a bank of resources that will empower developers behind e-commerce, mobile and social network payments to utilize Visa’s capabilities, putting their name behind another tract of the mobile industry.

The mobile payments industry promises to be a humongous niche by 2014, with revenue estimates reaching upwards of $245 billion, and the mobile app economy follows an uphill trend, too.  Appealing to developers is one way to ensure ongoing interest in how these niches develop, nurturing innovation and sparking investor interest all the while.


A message from John Furrier, co-founder of SiliconANGLE:

Support our mission to keep content open and free by engaging with theCUBE community. Join theCUBE’s Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities.

  • 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more
  • 11.4k+ theCUBE alumni — Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network.
About SiliconANGLE Media
SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios — with flagship locations in Silicon Valley and the New York Stock Exchange — SiliconANGLE Media operates at the intersection of media, technology and AI.

Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Our new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.