Digital Money in Pakistan – 2013 Report

Research and Markets’ Digital Money in Pakistan has been designed specifically for the use of global players such as banks, operators and technology providers. They fill a gap in the market, and although offered at a report price, this is not a run-of-the-mill paper report. R&M coined the term...

Mobile Payment Strategies Report: Opportunities & Markets 2011-2015

A new study from Juniper Research has determined that the total value of mobile payments for digital and physical goods, money transfers and NFC (Near Field Communications) transactions will reach $670bn by 2015, up from $240bn this year. These forecasts represent the gross merchandise value of all purchases...

Research Report: Positioning for Payments in the New Mobile-Social Technology Era

We are at the beginning of a new technology cycle as consumer adoption of mobile and social media extends the reach of the web and integrates those media into the physical world. Facebook is only eight years old, and yet its planned $5 billion IPO is the largest Internet IPO ever. As in every new technology...

Mobile Contactless Payments Summit: Oct. 17-18, 2011, Chicago, IL

Strategic Solutions Network (SSN) will welcome an estimated 400 executives from leading retailers, banks, carriers and technology companies to attend the Mobile Contactless Payments Summit  October 17-18th, 2011 at the W Chicago City Center. The 3rd Mobile Contactless Payment Innovations Summit is part...

Google Launches Mobile Wallet

In May Google announced its mobile wallet, which uses NFC for tap and pay, in collaboration with Citi, MasterCard, Sprint and First Data. According to a recent blog post, Google is releasing the first version of the app to Sprint, so Google Wallet will be available on Sprint Nexus S 4G phones. With the...

MasterCard Demonstrates Google Wallet for Mobile Payments

MasterCard demonstrated the Google Wallet application, which is scheduled to launch soon.  Running on Sprint’s Nexus S 4G — with a planned expansion to multiple devices — users can connect a Citi MasterCard account to the service, and tap-to-pay at any retail location outfitted with a...

Bank of Montreal Launches “Tap and Pay”

BMO Bank of Montreal today launched its Mobile PayPass Tag, a technology that allows BMO personal credit card customers to make purchases through a sticker affixed to their mobile phone and receive an instant email verification of each transaction. By making the PayPass technology available for use on...

Research Report: 2011 Contactless Near Field Communication (NFC) Mobile Payments

Javelin Strategy and Research has release a new report entitled “2011 Contactless Near Field Communication (NFC) Mobile Payments: Framing Mobile Payments on the Foundation of Mobile Banking.” Mobile payments have been the source of much excitement for over half a decade, with the latest focus...

How ISIS Consortium Screwed Itself Out of Mobile Payments Market

There has been a huge scrum amongst the smartphone players to capture the market for phone-based purchases. In a very surprising move, the major US-based carriers simply gave up. Isis, the mobile payment system sponsored by Verizon, AT&T and TMobile, announced that it had signed deals with Visa,...

MNO’s Collaborate to Establish Hungarian Mobile Wallet Association

Hugary’s Magyar Telekom, Telenor and Vodafone have joined with three market leading operators–MasterCard, OTP Bank and SuperShop–to establish the Hungarian Mobile Wallet Association. The aim of the Association is to design and articulate recommendations for mobile NFC service standards in...

Mobile Banking Markets and Opportunities Report Announced by Research and Markets

Research and Markets  has announced the release of a new report, entitled “M-Banking Markets and Opportunities.” Mobile banking refers to a client-server system that is specifically designed for mobile devices, allowing banking customers to use handheld devices to...

Younger Generation Will Drive Demand for Mobile Payments

Increasingly, technology is changing what we consider possible, from unlocking a car from inside the house to recording a movie remotely. With this evolution, the mobile phone has become the most important technology accessory, with younger generations fueling this movement. Consumers...

Gemalto Mobile NFC Payment Application Certified by MasterCard

Digital security company, Gemalto, has announced the first UICC-embedded software application compliant with Mobile MasterCard PayPass M/Chip 4, the brand new MasterCard payment specification designed for mobile near field communications (NFC). The software application and the UICC have both successfully...

airtel Africa, Standard Chartered Bank and MasterCard Win Best Mobile Money Product or Solution Award

airtel Africa, Standard Chartered Bank and MasterCard Worldwide were honored for mobile payments innovation at the 16th Annual Global Mobile Awards held during Mobile World Congress (MWC) 2011. The recently launched virtual card product, developed in collaboration between airtel Africa, Standard...

South African Mobile Payment Gateway Will Bypass Visa and Mastercard Systems

A local technology company called Lidonga Technology says it will launch a mobile payment gateway, a first for South Africa. The system will circumvent the use of foreign-owned Visa and Mastercard payment systems, saving the country billions of rands that would normally go to these foreign switching...

MasterCard and Telefónica Announce Mobile Banking Initiative for Latin America

MasterCard and Telefónica have announced a joint venture in the development of mobile financial solutions in twelve Latin American countries where Telefónica is present with the Movistar brand. What is unique about this initiative is that it partners a payments company and a telecommunications company...

In Singapore, Trial NFC Mobile Payment Solution for StarHub Subscribers

A select group of StarHub mobile plan subscribers from DBS, a Singapore bank offering services in corporate, SME, consumer and wholesale banking in Asia and the Middle East, will be part of a trial of the company’s NFC Mobile Payment Solution for everyday mobile payments. The trial, which is expected...

U.S. Mobile Payment Market to Top $200 Billion by 2015, Says Research Report

A recent report from Aite Group forecasts that U.S. mobile bill payments will reach more than $200  billion in 2015. Aite Group interviewed more than 60 companies in the Fall of 2010 and produced a 65 page report that defines and segments the mobile payment industry, and includes an analysis of the...

7-Eleven Partners with PayNearMe for Mobile Payments at 7-Eleven Locations

7-Eleven has participated in various tests of mobile-payment technology with MasterCard (MA), Nokia (NOK), and others. On Nov. 16, the company said it would help customers who want to use their mobile phones for payments—yet lack credit or debit cards—by partnering with PayNearMe, a cash-payment...

DeviceFidelity and SpringCard Launch Moneto NFC Phone Cases as Mobile Wallet Solution

Moneto, developed by DeviceFidelity, Inc. and Spring Card Systems, announced today the launch of its mobile payment solution–the moneto iPhone wallet, which is powered by MasterCard PayPass technology and linked to a general purpose reloadable MasterCard prepaid card. “For over a decade,...