Articles tagged with: Mobile Wallet

If PayPal Offered a Mobile Wallet, 8 in 10 Consumers Would Use It

­Consumers who are interested in mobile wallets would consider using alternative players to their primary bank for mobile wallets and for banking. These consumers also expressed strong interest in using a wide variety of services in their mobile wallet, such as search & shop, loyalty programs and real-time incentives.  more

Related Tags: paypal, USA


China pulls ahead of the mobile wallet adoption curve

­An Assurant Solutions study into mobile wallet adoption rates shows that China is ahead of the curve, outpacing the combined adoption rates of Spain, Germany, the USA and Argentina by nearly 5 to 1. Over half (52.14%) of Chinese respondents indicated that they are mobile wallet users compared to a combined total of 12% within the other four countries.  more

Related Tags: China


Operator News in Brief - 2nd Nov 2011

Brazilian network, Oi has signed a Wi-Fi hotspot sharing deal with Fon, covering the Ipanema and Leblon neighborhoods in Rio de Janeiro.  more

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Mobile Coupon Redemption Values to Exceed $43bn Globally by 2016

­A new report from Juniper Research has found that the total redemption value of mobile coupons will exceed $43 billion globally by 2016 as coupons are increasingly delivered by mobile apps. This is an eightfold increase from $5.4bn in value to be redeemed this year.  more

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Remote payments to drive $22.5 billion m-commerce market

A white paper commissioned by Vesta Corp highlights the significant opportunity that remote payments present to mobile operators. ­The white paper reveals that end-user revenues from m-commerce services, delivered over cellular networks, are expected to grow to more than US$22.5 billion by 2014. These m-commerce services will include mobile banking, remote mobile payments, local mobile payments and mobile money transfers.  more

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Hungarian Networks to Jointly Develop NFC Standards

­Hungary's three mobile networks, Magyar Telekom, Telenor and Vodafone have established the Hungarian Mobile Wallet Association to promote NFC based mobile payments services. Other founder members include MasterCard, OTP Bank and SuperShop.  more

Related Tags: magyar-telekom, telenor, vodafone, nfc, mobile-payments, Hungary


Higher Smartphone Use in Canada than Global Average

­Canadians are more likely to use a smartphone than the rest of the world, according to a TNS study. The survey reveals that an overwhelming 41% of Canadians have a smartphone -- significantly higher than the global market average of 28% -- with this trend being driven by 22 - 30 year old Canadian men.  more

Related Tags: Canada


O2 Names Partners for its Forthcoming Mobile Wallet Service

­UK based O2 today confirmed some of the leading financial services players it will work with to launch its mobile wallet service during the second half of 2011. Wave Crest, FIS, Intelligent Environments and Visa Europe have all been appointed to deliver the payments and processing systems upon which O2's next phase of financial services products will be based.  more

Related Tags: 02, nfc, visa, UK


UK mobile finance market doubles in 2011

­The use of 'mobile wallet' technology amongst UK consumers has more than doubled in the last 12 months with more than one in ten people now making payments via their mobile, says Mobile Life, a TNS research paper into use of mobiles in the UK. Moreover, one in five UK consumers now use their mobile to perform basic banking functions such as checking their account balance - also up more than 100% on last year.  more

Related Tags: mobile-payments, the-cloud, cloud, apps, UK


Mobile Banking surges as Emerging Markets embrace mobile finance

Global use of mobile finance surged in the past year as the spread of new technology and mobile banking infrastructure drove a huge increase in take-up rates around the world, according to new research from TNS.­  more

Related Tags: mobile-banking, usa


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