Articles tagged with: mobile payments
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.
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.
Where mobile banking is headed by 2020? In my view most of the technology is already here and therefore those predictions are more likely to happen around 2012 – 2015 rather than in 2020.
Mobile Money is a convergence of Operators and Financial Institutions product offerings. The Financial Institutions regulatory environment is often unfamiliar to Mobile Network Operators and complex for an Operator to move into.


