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Articles tagged with: Mobile Payments and Nfc
1 In 6 Mobile Subscribers to Have NFC Mobile Phones by 2014
A new analysis from Juniper Research of the $110bn NFC opportunity forecasts that one in every six mobile subscribers globally will have an NFC enabled device by 2014. Currently adoption is centred on the Far East, with use very limited outside of this region. more
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Contactless and Mobile Payment Solutions Must End Market Stagnation
Contactless payments ecosystem is presently a series of "islands" with little-to-no mutual realization of value among the various constituents, claims Javelin Strategy & Research. A report from the company indicates that the success of contactless solutions depends on some disruptive factor or wide-scale deployment that bridges the gaps and allows for value creation among all constituents that connects the islands. more
Related Tags: near-field-communications, base
NFC Mobile Payments to Exceed $30bn by 2012
A new analysis from Juniper Research of the NFC opportunity forecasts that the application of NFC as a mobile retail marketing tool via coupons and smart posters will support the growth of NFC mobile payment transaction values from $8bn in 2009 to $30bn within three years. more
UK Sets Down Anti-Fraud Guidelines for Mobile Payments
The potential for mobile phones to be used as payment wallets has lead to the UK Government setting up a team to ensure fraud is not a significant problem. The new technology, which will allow customers to buy things by swiping them over sensors is being trialled by phone companies and banks in the UK. In an effort to design out opportunities for crime and reduce harm to consumers the government has been working with industry to ensure the technology builds in tough security measures at the earliest stages. more
Mobile Payments Surging Ahead with Opportunities in Emerging Markets
In the last five years, markets with mobile payment offers have matured with a variety of players entering the industry value chain and new services being launched. Initially, there was a race to enter the market and a strong rivalry between different technological propositions that would facilitate mobile transaction channels. Today, we observe that, in many national markets, only one or two dominant mobile payment platforms (e.g. the paybox platform in Austria) have prevailed, and key issues now being addressed include cross border interoperability and standardization. more
Related Tags: arthur-d.-little, near-field-communication, m-banking, tim, itu, , ovi
Visa Makes NFC Mobile Point-of-Sale Payments Commercially Available
Credit card merchant, Visa has announced the launch of the world's first commercial Visa mobile payments service for point-of-sale transactions using Near Field Communications (NFC) technology. The service marks the first time consumers can purchase an NFC-enabled mobile device off the shelf and use that device to make Visa payWave-enabled transactions at the point-of-sale instead of using their payment card. more
Related Tags: , nokia, sim, near-field-communication, itu, tim, iden, maxis, smart, partner, visa, Malaysia
Polish Mobile Values Services Market Up by 22% in 2008
In its latest report, research and consulting firm PMR estimates that as at the end of 2008 the mobile value added services market in Poland was worth approx. PLN 930 million (US$265 million), up by almost 22% year on year. Between 2009 and 2012 the market is expected to grow further, driven mainly by the development of new value added services that broaden the range of applications of mobile phones - mobile payments, mobile television and mobile marketing. more
Related Tags: ptc, sim, mobile-tv, near-field-communication, ict, itu, compete, Poland
NFC Not an Answer for Mobile Payments, But Alternatives Offer Promise
Once, NFC (Near Field Communication) was the leading contender among technologies that could enable mobile payments. But NFC has developed more slowly than anticipated, and will not offer viable large-scale mobile payment solutions for at least six years. In the mean time three existing technologies - SMS, mobile Internet and downloadable mobile applications - have the potential to deliver what NFC (so far) cannot. more
Related Tags: amazon, sms, near-field-communication, abi-research, bharti, mobile-internet, bharti-airtel, ebay, mobile-commerce, taxi
ViVOtech Provided NFC Provisioning Software for Phones Enabled with Visa payWave
Silicon Valley-based ViVOtech announced today that its provisioning software for Near Field Communication (NFC) mobile payments is being used in the first NFC mobile payment trial in Latin America led by Visa, in Guatemala. This deployment marks Latin AmericaĆ's first NFC-based mobile payment pilot and use of Visa payWave-enabled mobile handsets at hundreds of merchants that have installed the ViVOpay 5000 contactless payment readers in Guatemala. more
Related Tags: near-field-communication, visa, Guatemala
Mobile Money Transfer and NFC to Account for 50% of the M-Payments Market by 2013
Mobile money transfer and contactless NFC (Near Field Communications) will together account for 50% of the overall mobile payment market globally by 2013, (based on the gross transaction values), according to Juniper Research's new Mobile Payments Study. more
Related Tags: juniper-research, near-field-communication, 3