Articles tagged with: Near Field Communications and In Stat

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, near-field-communication, mobile-payments, rcom, mobile-banking, USA

25 Million US Mobile Phones Could Also Be Mobile Wallets by 2011

As many as 25 million wireless phone subscribers in North America could be using their mobile phones as mobile wallets by 2011, reports In-Stat. Unlike M-commerce, the mobile transaction concept touted in the 1990s that never took hold, the mobile wallet is a much more versatile application that includes elements of mobile transactions, as well as other items one may find in a wallet, such as membership cards, loyalty cards, and other forms of identification. more

Related Tags: rfid, nfc, near-field-communication, privacy