Mobile Payment Magazine

REPORT: Global Mobile Payment Market 2015-2019

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Mobile payment is a form of payment where an end-user can initiate a transaction using amobile device for goods and services through communication networks or technologies.Mobile payment allows consumers to use a mobile device to pay for goods and services instead of using cash, check, and credit/debit cards. It is also referred to as mobile money,mobile money transfer, and mobile wallet.

The report forecasts the global mobile payment market to grow at a CAGR of 36.26%, in terms of transaction volume, over the period 2014-2019. In terms of number of end-users, the market is expected to grow at a CAGR of 18.10% during the forecast period. [Read more…]

Mobile Proximity Payments Forecast 2015

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A recent report by Mary Monahan, Javelin Strategies’ Executive Vice President and Research Director, Mobile, analyzes the U.S. mobile proximity payment market, covering payments made by consumers using a mobile device at a merchant’s physical location. Three years of actual historical data and a five-year forecast are provided. By 2019, it is projected that mobile proximity payments will total $54 billion.
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Wallet Wars: The Battle for Payments is Just Starting

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Starbucks created a lot of buzz about mobile payments when the company release it’s popular mobile payment app in 2011, and indeed Starbucks was on the vanguard of consumer retail mobile payments. And by most measures the Starbucks app should be considered a success. CEO Howard Schultz told investors during a recent earnings call: “Today in the U.S. alone over 13 million customers are actively using our mobile apps and we’re now averaging over 7 million mobile transactions in our stores each week, representing roughly 16% of total tender, more than any other bricks and mortar retailer in the marketplace.” That’s impressive.
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Mobile and Online Payment Report

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This report gives an overview of the mobile and online payment market.It provides the main figures for each market segment (in-store payment, carrier billing, remote online payment).

The latest market trends are analyzed, as well as the position and evolution of the main players (especially telcos and Internet players). [Read more…]

Report: Mobile Wallets in the US – Review and Analysis

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Mobile Wallets US ReportA new report entitled Mobile Wallets: The U.S. Landscape by Mercator Advisory Group identifies U.S. mobile wallets by category and technology.

The physical wallet might someday go the way of the checkbook, used by few and no longer a necessity. Growing consumer use of smartphones is creating a market for mobile wallets capable of serving many of the same purposes physical wallets served for centuries but now are able to take advantage of a plethora of new functions made possible in an increasingly digital marketplace. [Read more…]

Mobile Payments Report: Opportunities and Strategies for Credit Issuers

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Mobil - Credit IssuersA new research report from Research & Markets entitled Opportunities and Strategies for Credit Issuers, examines mobile payment opportunities For US credit issuers.

The major card networks began supporting contactless payments nearly a decade ago, but consumer and merchant adoption has lagged considerably. Several startups, as well as established firms outside of the financial services industry, are marketing enhanced mobile payment services capable of causing significant disruption to the consumer payments value chain. [Read more…]

6th Mobile Commerce Summit ASIA 2013: March 19-20, 2013 – Singapore

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As Asia’s largest mobile commerce summit event, Neoedge the leading producer of original conferences and workshops for the corporate world, has announced the biggest names in the industry supporting the 6th Mobile Commerce Summit ASIA 2013 which is happening on the 19-20 March 2013 at the Hotel Novotel Clarke Quay Singapore.

The event is again expected to sell out fully, as in the last five years. The mobile commerce leaders at the event to date include Standard Chartered, Google, Digi Telecommunications, Mobile Accelerate, Vodafone, American Express, Telenor/Easypaisa, SingTel Group, Nokia (Finland), C-Sam, Mobile Monday Singapore, Indonesia Telecommunications Authority, Citi, Dialog Axiata, F1Soft International, Sprooki, Mastercard Worldwide, Zain Group, Du, National Payments Corporation of India, mcel, Taggo, eSewa, Olswang Asia, Indosat, Al Fardan Group, Habib Bank, Thomson Reuters Asia (Technology Division) and PCI Security Standards Council among others who will be featured at the event and bring to Singapore its latest mobile commerce technological innovations.

“We picked Singapore as our venue for two consecutive years now, primarily because it is considered to be Asia’s hub in terms of mobile technology.”, said Ricard Halim, Business Development Manager at Neoedge. “We are also delighted to welcome the executives from our Official Lanyard Sponsor, C-SAM, headed by Elizabeth Duke, the Head of Sales for Asia Pacific.” Halim added.

Among the international speakers lined up for 2013 is Biswas Dhakal the President of F1Soft International. They will hold a Post-Conference workshop entitled, “Mobile Financial Services in Under Developed Countries.” F1Soft is a leading company on transaction banking since its inception in 2004. It holds its principal offices in Nepal and regional presence in Singapore.

“What sets our event apart from the many mobile summits in Asia is that we seriously dedicate focus streams and panel discussions on topics which are currently shaking the mobile commerce space. Our agenda, while it is coherent, it aims to get as many players, if not all, in the ecosystem and it is designed to unveil what really is the future of mobile payments, mobile banking, mobile money transfer and NFC.”, Halim shared.

Neoedge’s 6th Mobile Commerce Summit ASIA 2013, after being hailed as one of the most important telecom events in Asia, it was shortlisted as Best Telecom Conference in the Asian Conference Summit & Awards 2012.

For more information and registration: 6th Mobile Commerce Summit ASIA 2013

 

 

About Neoedge:

 

Neoedge Pte. Ltd is a business media company that aims to serve the corporate world with integrity and excellence by providing cutting edge business intelligences and creating high value networking opportunities.

 

http://neo-edge.com/event-line-up/telecom-it/6th-mobile-commerce-summit-asia

Report: Delineating the Mobile Value Chain – A Holistic View of Mobile Payment

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As excitement surrounding mobile payments develops, most of the focus has been placed on the wallet apps such as Google Wallet and Isis jockeying for position. However, the success of a mobile payments system will depend on far more than which piece of software will be used on the most devices. A fully functional system will require the integration of a number of different factors, including POS terminals, processing, the devices themselves, and more. [Read more…]

Mobile Payment Strategies Report: Opportunities & Markets 2011-2015

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Mobile Payment ReportA 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 or the value of money being transferred.

The new Mobile Payment Strategies report revealed that all segments will exhibit 2x to 3x growth over the next five years. This growth will be driven by the rapid adoption of mobile ticketing, NFC contactless payments, physical goods purchases and money transfers as people in both developed and developing countries use their devices for everyday transactions. [Read more…]