Articles in Mobile Payments
![The high stakes world of mobile payments [Infographic]](http://www.banca20.it/eng/wp-content/themes/arthemia-premium/scripts/timthumb.php?src=/wp-content/uploads/2012/04/mobilepayments_bets.png&w=80&h=80&zc=1&q=100)
Many companies seem to be jumping into the mobile payment game. Since almost every day a new player enters the market Mobile Payments Today has tried to capture in this infographic the companies that are entering the market and how they’re placing their bets.
It will take at least 8 years to see mobile payments replacing cash.
This is one of the results of a survey of technology experts and stakeholders, conducted by the Pew Research Center’s Internet & American Life Project and Elon University’s Imagining the Internet Center.
The online newspaper The Paypers has recently published The Mobile Payments Market Guide 2012. This useful document provides an in-depth look at the global mobile financial services ecosystem, combining insight from key stakeholders and top-level industry thought leaders with a comprehensive overview of market players (MNOs, banks, technology providers, phone manufacturers or payment processors).
A recent research by mBlox and Opinion Matters shows that nearly 20 percent of US consumers during the Christmas season would choose to use their mobile phone or smartphone to purchase items online, rather than shop in-store for bargains. These consumers also indicated they would use the discounts and sales offers they receive on their mobile phone to purchase gifts in-store.
Interesting report published by McKinsey: The Road to Mobile Payments Services.
With new players redrawing the battle lines, financial services providers must now adopt innovations in mobile payments and marketing to deepen relationships with consumers and sustain their competitive advantage.
PayPal released version 3.0 of its mobile payment application for Google’s Android operating system, integrating Near Field Communications-based functionality enabling users to transfer funds by bumping smartphones.
We are pleased to share here the post written by Peter Muya on our Linkedin group. The penetration of mobile money (M-PESA, Yu Cash, Orange Money, ZAP) in almost every corner of the the country is an indicator that cash based transactions are dwindling.
Nearly half (45 percent) of the most active mobile device users would welcome the opportunity to pay for goods and services using their mobile phones, recent research indicates.
In recent months, a few new mobile payment solutions have launched to allow for accepting credit card payments via mobile devices — a small business owner’s best friend. The three services profiled here — Square, Intuit GoPayment and PAYware Mobile — hail from experienced entrepreneurs and seasoned payment veterans, and each offers a slight variation on the same idea that you can accept payments from anyone, everywhere.
The Remote Payments Task Force of the Mobey Forum has recently published a white paper, Mobile Remote Payments
General Guidelines for Ecosystems, for industry guidance and consultation. This paper suggests that the mobile phone number, and not any other specific code or identifier, should be used to identify the payer and payee in a mobile remote payment transaction. The paper identifies guidelines for developing a payment “ecosystem” stressing the need for interoperability across different payment systems and stakeholders across the globe.
![The high stakes world of mobile payments [Infographic]](http://www.banca20.it/eng/wp-content/themes/arthemia-premium/scripts/timthumb.php?src=/wp-content/uploads/2012/04/mobilepayments_bets.png&w=80&h=80&zc=1)
