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Articles tagged with: Near Field Communications and Mobile Payments
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
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, near-field-communication, gartner, compete
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, rcom, in-stat, mobile-banking, USA
Motorola Joins GSMA "Pay-Buy-Mobile" Initiative
Motorola has announced its intention to participate in the GSMA Pay-Buy-Mobile Initiative. Motorola will potentially participate in all trials facilitated by the GSMA which will drive forward developments on mobile payments. Motorola will also provide feedback to GSMA Near Field Communications Technical Guidelines white papers, and work with standardisation bodies such as ETSI and the NFC Forum to further provide input to the development process. more
Related Tags: nfc, near-field-communication, gsma
GSM Association Aims for Global Point of Sale Purchases by Mobile Phone
The worldwide use of mobile phones for payments at point of sale is the aim of a new initiative announced by the GSM Association (GSMA), the global trade organization for mobile operators. The 'Pay-Buy Mobile' initiative is a natural progression for the industry, following the GSMA's program - announced last year - to define a common global approach to enabling Near Field Communications (NFC), the technology used to link mobile devices with payment and contactless systems. more
Related Tags: sim-card, at&t, nfc, nfc, near-field-communication, gsm-association, teliasonera, telenor, docomo, lg-electronics, ktf, cingular, rogers, gsma