Mobile Payments RSS

­A report commissioned by the Mobile Marketing Association (MMA) revealed that the UK has the highest number of consumers participating in m-commerce, with 19% doing so in April 2010. Some 13% of Germans and 9% of French also partake in m-commerce. The 18-34 year old age group is the primary driver of m-commerce across all [...]

The post Fortune 500 will offer m-commerce appeared first on Payments Cards & Mobile.

61% of Fortune 500 companies plan to incorporate sales and commerce capabilities into their mobile offerings, according to a Kony Solutions study. In addition to sales and commerce functions, informational resources (75%), brand awareness (61%) and customer service and support (56%) were other key components of their mobile strategy. While retail companies clearly were the top [...]

The post PayPal eyes Asian m-payment market appeared first on Payments Cards & Mobile.

A panel discussion at CTIA in April revealed some sharply differing views on the emerging mobile financial services ecosystem and the role of different players within it. Mobile Commerce Daily cited James Anderson, VP, of the center of excellence for mobile, MasterCard Worldwide, saying, “We have run numerous m-payment trials around the world, and it [...]

The post China Unionpay forms m-payments alliance appeared first on Payments Cards & Mobile.

Card network operator China Unionpay has signed up a group of the country’s banks, wireless operators and handset manufacturers to a mobile payments industry alliance that will establish standards and a business model. China Unionpay says the alliance will break barriers between different industries, helping them to coordinate and communicate, creating a single, open m-payments [...]

The post Fiserv launches bank account funded P2P appeared first on Payments Cards & Mobile.

Canadian consumers are increasingly using smartphones for m-commerce, which ABI Research says reflects a worldwide trend. ABI predicts that consumers worldwide will spend $119 billion via mobile transactions by 2015. Mercatus estimates that 9% of Canadians already have m-banking accounts and an additional 20% intend to start paying bills via mobile in the next year, [...]

The post Maroc Telecom launch Mobi Cash appeared first on Payments Cards & Mobile.