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Articles tagged with: Near Field Communication and Mobile Payments
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, nfc, 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, nfc, 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, nfc, 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, nfc, 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: nfc, 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, nfc, 3
Total Mobile Payments to Grow Nearly Ten Fold by 2013
Purchases via mobile devices of digital and physical goods, contactless NFC (Near Field Communications) transactions and money transfers will together generate transactions worth over $600bn globally by 2013, according to Juniper Research's Mobile Payments Study. This figure represents the gross value of all the items being purchased or the value of money being transferred. more
Related Tags: juniper-research, nfc, 3, mobile-money
Telcos Believe Launching New Mobile Content Should Take Less than a Month
A survey commissioned by Valista and conducted at the Building Blocks 2008 conference held last week found that over 86 percent of the industry insiders interviewed believe that it should take less than a month to launch new mobile content and services with an operator. This expectation is far from reality, as 80 percent of respondents stated that it actually takes between 3 and 9 months to introduce new mobile content and services. more
Related Tags: juniper-research, sms, nfc, premium-sms, san-jose, 3, seven, valista, mobile-content
Worldwide Mobile Payment Users to Total 33 Million in 2008
Mobile payment is a service at an early stage with an expected 32.9 million users worldwide in 2008, growing to 103.9 million users in 2011, according to Gartner. Short Message Service (SMS) is the dominant mobile payment technology today, driven by mobile money transfers, and it will remain the dominant technology through 2011. more
Related Tags: nfc, gartner, compete, near-field-communications, mobile-money
Cellphone Banking First Step toward Mobile Wallets in the USA
The US seems to be moving closer to a goal of using mobile handsets to accomplish financial transactions and make purchases as several competing market players align on both technology and objectives, reports In-Stat. Although 2008 will not be "the year of mobile payments" in the US, some progress is likely, the research firm says. more
Related Tags: nfc, rcom, in-stat, near-field-communications, mobile-banking, USA
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