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Articles tagged with: Mobile Payments and Security
Providers Find Lucrative Market for Mobile Money Services
Providing financial services to some of the world's poorest people through mobile phones is proving to be a lucrative business in developing nations. The GSM Association, which represents the global telecom industry, says the number of people using mobile phones to send or receive money will grow exponentially in the next few years. more
Related Tags: mobile-banking, mobile-money
Transactions of Long Awaited Mobile Money Rise in Europe
Both mobile operators and banks are turning to mobile transactions to foster loyalty and drive revenues. Ranging from vouchers and bank balance checks to remitttance and top-up payments, mobile money is finally coming to fruition in both the banked and unbanked sector, while near field communication (NFC) promises to be the pot of gold at the end of the rainbow. more
Related Tags: mobile-banking, mobile-money
Telecom Italia to Enable Mobile Payments from 2010
Telecom Italia has announced that it will start supporting payments via mobile phones from next year in association with the Italian Movincom Consortium. more
Related Tags: telecom-italia, mobile-commerce, Italy
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
U.S. Mobile Financial Services Markets Expected to Reach $1.46 Billion in 2013
Accounting for over 3 billion subscribers worldwide, mobile devices have emerged as a convenient and safe mode to conduct financial transactions. Both m-commerce and mobile banking services are being widely deployed across the United States. These services go beyond the traditional role of providing digital or mobile content services and allow for the procurement of physical goods. more
Related Tags: m-banking, m-commerce, frost-and-sullivan, text-messaging, mobile-banking, 3, mobile-content, play, wap, USA