Saturday, April 7, 2012

Mobile payment transactions forecast to almost double every year until 2015


Mobile payment transactions forecast to almost double every year until 2015

The Fonecast - ‎Apr 6, 2012‎
New research from KPMG predicts that the value of global m-payment transactions will grow by 97% per year over the next 3 years, reaching £591 billion by 2015. The company says this growth will be fuelled by consumer demand for NFC-equipped devices and ...

Report: m-payment volume to surpass $900B by 2015

Mobile Payments Today - ‎Apr 6, 2012‎
Expect mobile payments worldwide to account for more than $900 billion in transactions by 2015. That's the forecast in a new report from analysts at KPMG. According to the report, that means mobile payments globally will nearly double every year for ...

Mobile Payments in 2015 to be Worth How Much?

PYMNTS.com - ‎Apr 6, 2012‎
Increased demand for mobile payment solutions will propel the industry's value to almost $1 trillion within in the next three years, according to a report by Telecoms. A recent report by KPMG estimates that NFC solutions alone will grow by 97 percent ...

KPMG: Mobile Payments to Top $1 TrIllion in 2015

Credit Union Times - ‎Apr 6, 2012‎
By Robert McGarvey The just released study by consulting firm KPMG put up the jaw dropping number: By 2015, mobile payments will top $1 trillion, and in the process the volume of mobile payments will spike up by around 100% per year.

'Smartphone and tablet popularity brings maturity to mobile payment marketplace'

inAudit - ‎Apr 6, 2012‎
Global mobile payment transactions are expected to grow 97 percent per year, over the next 3 years, reaching a value of £591 billion by 2015. According to a report by KPMG, the growth will be fuelled by consumer demand for devices with 'near field ...

Mobile payments set to reach £591 billion by 2015 - KPMG.

Finextra - ‎Apr 5, 2012‎
Global m-payment transactions are expected to grow 97% per year, over the next three years, reaching a value of £591 billion by 2015, according to forecasts by KPMG. According to the report, growth will be fuelled by consumer demand for NFC-enabled ...

INTERVIEW: Citigroup's Alberto Jimenez on NFC's 'flow influencers'

Mobile Entertainment - ‎Apr 5, 2012‎
by Tim Green Discusses the need to convince companies taking lots of cash payments – among other topics – in the run-up to the NFC Payments Europe 2012 in June. Most market watchers accept that NFC will take two to five years to become an accepted ...

MacKay, UIC add NFC payments to parking meters

NFCNews (blog) - ‎Apr 5, 2012‎
MacKay Meters announced that it has partnered with Uniform Industrial Corporation (UIC) to provide the first single-space wireless parking meter capable of contactless and NFC payments. With the integration of UIC's contactless card payment and NFC ...

Parking with NFC

Mobile Payments Today - ‎Apr 4, 2012‎
Parking is proving to be a great test case for mobile payments. After all, when you're done being mobile you have to have a place to park, right? And who has change? Now MacKay Meters, a manufacturer of parking meters, is adding a variety of mobile ...

2015 May Bring 1 Trillion In Cellular Payments

HTCPedia.com - ‎Apr 4, 2012‎
A new study released by KPMG states that the value of payment transactions could reach $945 billion by 2015. That is an incredible number to reach. Cellular transaction growth must be at 97% per year to achieve such a mark.

Google Alert - NFC Mobile Payment

News1 new result for NFC Mobile Payment
Convenient PayByPhone parking now available in Ottawa
Ottawa Start (press release)
After registering for an account and downloading one of the mobile apps to your NFC-enabled device, when you wave your phone near the phone reader the mobile app will launch automatically. The location number for the Pay & Display machine will also be ...
See all stories on this topic »



The Security and Privacy Risks of Near Field Communication

Image representing Google Alerts as depicted i...
Image via CrunchBase
Web2 new results for "Near Field Communications"
5 Important Facts About Near-Field Communications
Using NFC as a "digital wallet" for payments is quick and easy for consumers, but the technology still faces some major security issues.
www.mobilefun.ws/.../5-important-facts-about-near-field-com...
The Risks of Near Field Communication
Near field communications is great technology. However, existing privacy and security regulations — and there are many — apply to this new technology, too.
www.riskmanagementmonitor.com/the-risks-of-near-field-co...



Mobile Payments in 2015 to be Worth How Much? $1 Trillion Says KPMG

Deutsch: Logo von KPMG English: The logo of KPMG.
Deutsch: Logo von KPMG English: The logo of KPMG. (Photo credit: Wikipedia)
News1 new result for NFC Mobile Payment
Mobile Payments in 2015 to be Worth How Much?
PYMNTS.com
Increased demand for mobile payment solutions will propel the industry's value to almost $1 trillion within in the next three years, according to a report by Telecoms. A recent report by KPMG estimates that NFC solutions alone will grow by 97 percent ...
See all stories on this topic »



InComm and Blackhawk Follow AMEX Lead and Pull Gift Cards from New Jersey

Gov. Sarah Palin presents a gift-card donated ...
Gov. Sarah Palin presents a gift-card donated by Wal-Mart and The Salvation Army to 7-year-old Charline Fager. Fager is the daughter of Alaska Army National Guard Spc. Kristopher Fager, 207th Aviation. (Photo credit: Wikipedia)
TRENTON, N.J. -- Prepaid gift card vendors Blackhawk Network and InComm are following American Express' lead by suspending sales within New Jersey stores to avoid the state's new unclaimed property law, the Associated Press reported. Both companies issued separate announcements yesterday.

The state law requires N.J. retailers to collect zip code information when selling the gift cards. If the full value of a card has not been redeemed within two years, the state believes it can retrieve it as unclaimed property.

Blackhawk supplies 175 gift card brands to 1,300 retailers within New Jersey,mainly grocers, while InComm supplies 2,500 retailers with gift card brands such as Visa, MasterCard and iTunes, according to the report.

"The passage and potential implementation of these legal changes have caused significant uncertainty for New Jersey consumers and retailers," said Blackhawk President Talbott Roche. "As it stands now, Blackhawk Network and its retail partners do not have a cost-effective way to record data from gift card purchasers or their ultimate gift recipients."

InComm also cited its partnerships with third parties as a reason to leave the state, noting that it could not ensure compliance. "We unfortunately have no choice but to remove all our gift cards and gift card destinations from retail locations in the state of New Jersey," concluded CEO Brooks Smith.

5 Important Facts About Near-Field Communications

N-Mark Logo for certified devices
N-Mark Logo for certified devices (Photo credit: Wikipedia)
ePayment News4 new results for "Near Field Communications"
5 Important Facts About Near-Field Communications
PCWorld
By Lauren Brousell , CIO Near-Field Communications (NFC) has logically been drawing attention, given the proliferation of wireless gadgets and the increasing number of tasks we conduct with them. It sounds handy to just click to pay, but before you ...
See all stories on this topic »
Comarch and Nokia bring art closer with NFC technology
openPR (press release)
(openPR) - Comarch, a global vendor of products and services for telecommunications, announced that it will add the design and creation of solutions based on the NFC (Near Field Communications) technology to its portfolio.
See all stories on this topic »
Blue Bite Joins NFC Bootcamp™ as Silver Level Sponsor and Presenter
Seattle Post Intelligencer
Blue Bite specializes in Near Field Communications Content Delivery Solutions and will be a Silver Level Sponsor and Presenter of the NFC Bootcamp education and training series. The NFC Bootcamp delivers high quality knowledge transfer from NFC experts ...
See all stories on this topic »
Google Scoops Up Another One
Motley Fool
By Evan Niu (TMFNewCow) | More Articles In one corner, we have Google (Nasdaq: GOOG ) with its Google Wallet service, which uses near-field communications, or NFC, technology. In another, we have start-up Square, founded by Twitter's Jack Dorsey.
See all stories on this topic »



Mobile Payment Devices Help Small Businesses Get Paid (Photos)

News12 new results for "Mobile Payment"
Mobile Payment Devices Help Small Businesses Get Paid (PHOTOS)
Huffington Post
Luckily, it has never been easier to accept payments, thanks to a growing market of mobile payment devices. From the indie artist selling CDs on street corners to the farmer's market entrepreneur, mobile payment technology allows anyone to complete a ...
See all stories on this topic »
Tapping Into Money in the Mobile Wallet
Wall Street Journal (blog)
But none of these companies offer pure exposure to mobile payment. Another option for investors to consider is UK software group Monitise, which develops and services mobile-payment and banking apps. It is a risky bet. Monitise is young and as yet ...
See all stories on this topic »
Catching the Mobile Commerce Wave
TechNewsWorld
For instance, near-field communications and other mobile payment systems, such as barcode scanning, are expected to drive an increase in the use of mobile payments worldwide. As the popularity of these methodologies increases, businesses will ...
See all stories on this topic »
Mobile payment transactions forecast to almost double every year until 2015
The Fonecast
New research from KPMG predicts that the value of global m-payment transactions will grow by 97% per year over the next 3 years, reaching £591 billion by 2015. The company says this growth will be fuelled by consumer demand for NFC-equipped devices and ...
See all stories on this topic »
More Merchants Embrace Direct Mobile Billing
Sci-Tech Today
BilltoMobile, Boku and Zong (owned by PayPal) are luring online businesses to try their mobile payment software as an option for customers who don't have a credit card or can't be bothered with punching their credit card digits on a Web page or an app.
See all stories on this topic »

Sci-Tech Today
Rail helps restaurants prepare for digital wallet revolution
Puget Sound Business Journal
The Puget Sound Business Journal explored the trend of technology companies moving into the mobile payment processing industry in two stories this week, one focused on the impact this could have on the banking industry, the other on where Redmond-based ...
See all stories on this topic »
EBAY INC : PayPal Announces PayPal Payments
4-traders
Just a few weeks ago, PayPal introduced PayPal Here, the world's first global mobile payment solution that allows small businesses to accept almost any form of payment, delivering on PayPal's vision for anytime, anywhere, any way payments for small ...
See all stories on this topic »
PXT Money Celebrates Fenway's 100th With Jarrod "Salty" Saltalamacchia
Exec Digital (press release)
BOSTON, MA--(Marketwire - April 5, 2012) - To commemorate Fenway Park's 100 th birthday, mobile-payment app PXT Money is hosting a bash at Jerry Remy's Sports Bar & Grill in Boston, MA, April 12, 2012, 7-10PM. Mr. Remy's even being so kind as to open ...
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Google Wallet Gains Currency With TxVia Acquisition
Banktech
Google Wallet offers a way to store mobile payment service credentials on one's mobile phone. The phone user can make purchases using any of those services--MasterCard PayPass, for example--through NFC technology, which enables wireless payments.
See all stories on this topic »
ARM to Improve Digital Security in Joint Venture
Midsize Insider
According to ARM, the TEE will secure "mobile payment, enterprise productivity and mobile banking applications, as well as online commerce and premium content services." It's clear that ARM, Intel, and other mobile hardware manufacturers aren't just ...
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UK Easter puts more eggs in the e-commerce basket
InternetRetailer.com
Easter Hampers in the UK are equivalent to Easter baskets in the US Thorntons has also been peddling m-commerce offers in the run-up to Easter, using the holiday to launch a trial of a new mobile payment technology. Consumers register their profiles, ...
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BlackBerry still a big seller in the UAE
gulfnews.com
Etisalat has formed a partnership with MasterCard to launch NFC-based mobile payment services via BlackBerry handsets in the UAE. Consumers will make payments by tapping their BlackBerry at MasterCard PayPass terminals in the UAE.
See all stories on this topic »

gulfnews.com

Blogs2 new results for "Mobile Payment"
Nairobi First Impression - Sustainable Social Impact in East Africa
By Jingwei Zhou
Despite M-Pesa being operated by Safaricom, which is owned by Vodafone, Kenyans believe mobile payment is invented in Kenya. The city looks modern. People dress modernly too. It is very easy to meet expatriates in nice shopping malls, ...
Sustainable Social Impact in East Africa
Top Online Marketing News April 6, 2012
By Ashley Zeckman
Three possible changes could be coming to Twitter including, a new open platform to giving access to third party developers, T-Commerce (Twitter e-commerce) allowing for a possible integration with Square, the mobile payment company ...
Online Marketing Blog

Web19 new results for "Mobile Payment"
Mobile Payment Technologies Receive Attention in DC | EDUCAUSE
During March 2012, folks inside the beltway are paying attention to mobile payment technologies in terms of identifying the legal, policy, and business issues ...
www.educause.edu/blog/gvhaledjian/.../249330
Square changes its mobile payment app to Pay With Square, adds ...
On Sunday, Square announced that it has remade its mobile payment app for iOS and has ...
www.phonearena.com/.../Square-changes-its-mobile-payment-...
How a mobile payment startup's backend biz got valued at $40M ...
When a two-year-old tech startup announces that it has raised nearly $30 million in a deal without selling out the company, it sounds as if it has found the next ...
in.reuters.com/.../how-a-mobile-payment-startups-backend-bi-...
Another Entrant into the Mobile Payment Wars - AAPL, ARMH ...
Search giant Google (NASDAQ: GOOG) has struggled to gain traction with its mobile payment system, Google Wallet, despite its Android platform having a ...
beta.fool.com/tigeranalyst/2012/04/04/another.../3357/?...
Apple Gets Bigger Slice of Mobile Payment Pie - Business Insider
Companies that both develop and use the new type of credit card payment processing platform that allows businesses to accept purchases using mobile devices ...
articles.businessinsider.com/.../31247764_1_credit-cards-mast...
mobile payment Blogs & News - Bloomberg
Most recent mobile payment blogs and news. Read breaking news about mobile payment.
go.bloomberg.com/tech-blog/tag/mobile-payment/
Investment Trend: Mobile Payment Systems
Writer Harriette Halepis discusses the rise of mobile payments and what the trend means for investors.
www.podiumventures.com/.../340-investment-trend-mobile-pa...
Mobile Payment Devices
Which Mobile Payment Device Is Best For Your Business? HuffingtonPost.com | Alicia Ciccone | Posted 04.06.2012. Read More: Mobile Payments, Small ...
www.huffingtonpost.com/news/mobile-payment-devices
Congress Eyes Mobile Payment Apps | Free Press
Congress Eyes Mobile Payment Apps. Politico, March 28, 2012. By Tony Romm. It's already a social network, an inbox and a gaming console -- and, for a small ...
www.freepress.net/news/.../congress-eyes-mobile-payment-app...
Pay with Square using your mobile phone
Pay effortlessly with Square. Turn your iPhone or Android into a mobile wallet to easily pay your favorite merchants.
https://squareup.com/pay-with-square
FedFin on Senators Explore Mobile-Payment Regulation Reform
The Senate Banking Committee today continued its exploration of mobile payment systems and the potential need for new regulations, building on an earlier ...
www.fedfin.com/index.php?option=com...
Mobile Payment Startup Money-on-Mobile Raises $29.7M From ...
Mobile payment platform Money-on-Mobile, run by Mumbai-based startup My Mobile Payments Ltd, has raised $29.7 million from Texas-based Calpian Inc, ...
mobile-financial.com/.../mobile-payment-startup-money-mobi...
Experts Cite Privacy Concerns For Mobile Payment Users - Video ...
There is a new warning out for those who use their cellphones to pay for items.
www.koco.com/video/30760055/detail.html
Starbucks Brings Mobile Payment Capability to the Drive Thru ...
Starbucks is extending its mobile payment capabilities to customers that like to use the drive thru. Starbucks began its mobile payment initiative in January 2011.
www.marketingvox.com/starbucks-brings-mobile-payment-ca...
How giant chains adopting Mobile Payment Technology…and you ...
2012 is the year of Mobile payment technology. Starbucks and Subway are leading the move. Don't get left behind!
rocksolidfinance.com/mobile_payment_update/
Types of Mobile Payment Systems for Your Business - Expert ...
There's an easier way. Stay up with the latest payment methods to make life easier on your customers and your business.
www.expertbusinessadvice.com/.../Types-of-Mobile-Payment-...
Mobile Payment App
Mobile Payment App. Increase sales by accepting card payments anywhere. Lower processing fees with 'card present' transactions. Reduce transaction risks ...
www.chargeanywhere.com/.../Mobile-Payment-App-Sell-Shee...
7 Mobile Payment Options – Cancel Your Merchant Account ...
Tweet Five years ago I ditched my merchant account. I was paying a fee each for accepting Visa/MC/Amex/Discover. Then, I paid a percentage of the transaction ...
thewebcoach.net/mobile-payment-options-cancel-your-mercha...
Square Mobile Payment App Takes On The Consumers
Paying with the cell phone just gets easier and easier with Paypal and other online payment apps. If you are not already doing this, you should. I just made.
beqrious.com/square-mobile-payment-app-takes-on-the-consu...



App Let's Drivers Add Meter Time - Ottawa Citizen

Ottawa Canada June 2010 — Nepean Point Views  2
Ottawa Canada June 2010 — Nepean Point Views 2 (Photo credit: dugspr — Home for Good)
News1 new result for NFC Mobile Payment
App lets drivers add meter time
Ottawa Citizen
By David Reevely, Ottawa Citizen April 7, 2012 12:00 AM An Ottawa parking control officer demonstrates the city's new 'pay-by-phone' parking system on Cooper Street. Drivers will be able to buy more parking time through any new cellphone model with NFC ...
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