The following whitepapers are provided as a resource for understanding, not only how FirsTech solutions are enabling businesses to accomplish success, but also to increase your understanding of the Payments industry in general.

Mobile Payment: How it Will Transform Corporate Travel and Expense Management

As one of the travel and technology experts interviewed for this white paper describes the present situation, “There is no adoption yet of mobile payment in the corporate environment but there is a lot of interest.” It is precisely for this reason that AirPlus International and ACTE have produced this white paper, especially as some findings in the survey suggest buyers have negative perceptions about mobile payment (security concerns, for example) that may not be correct. On the other hand, they may not be aware of the many potential benefits that mobile payment promises.

Download - File size: 772KB

Mobile Payments: What's In It for Consumers?

Mobile payments—those initiated on a mobile device such as a cell phone or tablet computer—have received a significant amount of attention recently. Yet, despite the attention, mobile payments have not been widely adopted in the United States. While industry experts agree mobile payments eventually will take off, there are many barriers. Some barriers are on the supply side—for example, the difficulty of getting industry participants to agree on technological standards and the lack of compelling business models for participants. Barriers, however, also exist on the demand side.

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Reaching Underbanked Consumers Through Mobile Services

Underbanked consumers need minute-to-minute information about their finances, and mobile financial services (MFS) are well suited to deliver it. Although these consumers often have insufficient access to financial services, their access to mobile phones is fairly widespread. This disparity suggests a large opportunity exists for financial providers to effectively serve the underbanked population using the mobile channel. Given the sheer volume of mobile phone usage in the United States, combined with ever-increasing mobile phone functionality, there is vast potential for a robust suite of mobile financial management and transaction tools to strengthen the financial lives of underbanked consumers.

Download - File size: 661KB

How Electronic Payment Processing Can Dramatically Increase Productivity & Decrease The Cost Of Your Payment Processing

Electronic payment processing can dramatically increase the productivity and decrease the overall cost of your payment processing. Backed by the Federal Reserve and governed by NACHA (National Automated Clearing House Association), electronic check and ACH payment processing has provided a definite source of cost savings for U.S. businesses. If you accept payments from your customers or clients, you can benefit from this “new” technology.

Download - File size: 619KB

Mobile Payments: Risk, Security and Assurance Issues

This white paper examines the current state and nature of the mobile payments market, some of the relevant enabling technologies, and looks at the relevant risk, security and assurance issues that security and audit professionals will want to consider when developing and evaluating mobile payment services.

Download - File size: 321KB

Mobile Commerce: Opportunities and Challenges

This White Paper seeks to demonstrate the reality of mobile commerce for businesses and consumers alike.

Download - File size: 1059KB