Friday, November 4, 2011

Mobile Payments: USA Market Analysis


DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Mobile Payments: USA Market Analysis" report to their offering.

Payments have been evolving for thousands of years. From the age-old bartering system, to cash, to check to electronic forms of payments, people have found innovative and more efficient ways to make a payment. This evolution has resulted in a significant shift in the current mix of consumer payments: from primarily paper-based (cash or check) to increasingly electronic (e.g. credit, debit and pre-paid) payment methods. The rate of change and the movement to electronic payments has been accelerated by the explosive growth of payments being made in non face-to-face transactions.
Billed as the future of banking, the value of financial transactions carried out through mobile phones has been pegged at $245 billion worldwide by 2014. At the same time, the number of users carrying out transactions using mobile money is expected to total 340 million by 2014, equivalent to 5% of existing mobile subscribers across the globe.
This report evaluates mobile banking solutions, mobile banking SWOT analysis, Google Wallet SWOT analysis, competition between e-wallet solutions, and provides an analysis of the opportunities and market for mobile payments in the United States.
Keywords: Mobile Payments, Mobile Commerce, Mobile Payments in US, Mobile Payments in United States, Mobile Payments USA Market
Companies Mentioned:
  • AT&T
  • American Express
  • Android
  • Apple
  • Bango
  • BankAmericard
  • Cellebrum
  • Citibank
  • CYBS
  • Discover
  • Durbin
  • eServGlobal
  • First data
  • GCash
  • Google
  • Google Wallet
  • ISIS wallet
  • Master card
  • Mcheck
  • mGinger
  • Mobiqa
  • Monitise
  • MPesa
  • Nordea
  • NTT DoCoMo Inc

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