Financial services firm Visa Europe has said it will launch the V.me digital wallet on a controlled basis in the UK, France and Spain in the autumn of 2012.
Telefónica subsidiary O2 has become the first operator in the UK market to launch a mobile wallet offering. The service offers price comparison for online shopping, person to person money transfer and allows the user to digitise cards linked to existing bank accounts, or load money onto an O2 stored value account.
Mobile salary dispersal is being used to fight corruption and ensure workers receive their full wage in emerging markets, according to the head of a mobile commerce and financial services solution provider.
A survey carried out at MWC by mobile commerce and messaging specialist Sybase 365 has found that 81 per cent of mobile industry executives believe that NFC will not emerge as a driver for mass adoption of mobile payment services for another two to five years. Less than ten per cent of delegates polled said they believed that NFC payments would become mainstream in the next year.
Sweden’s mobile operators are the latest carriers to band together and form a mobile payments joint venture. Investment amounts have not been revealed, but Telia, Tele2, Telenor and 3 will each own 25 per cent.
3UK intends to make an initial complaint to antitrust authorities in the UK and Europe regarding the proposed joint venture between O2, Vodafone and Everything Everywhere. Back in June this year, the three operators announced plans to create a standalone m-commerce joint venture in the UK.
Isis, a mobile payments joint-venture between AT&T, Verizon and T-Mobile in the US, has scaled back its initial plans to roll out its own mobile payment network in favour of an m-wallet-style offering.
Swedish vendor Ericsson, which recently announced its entry into the mobile financial services space with an enabling technology play, has not ruled out the possibility that it may apply for a licence to operate financial services itself. Currently Ericsson is working with an unnamed player in the financial space, and it is that player’s licence that enables the Ericsson white label offering. But Semir Majoub, president of Ericsson Mobile Money Services, told Telecoms.com that the company may yet look to apply for a licence of its own.
A step in the right direction but does it go far enough?
Sharing an allowance among family members is one ...
I agree with Dan about this being a excellent read, and that QNX is not well known but sooner or ...
Excellent read with some actual facts compared to the hack journalist/bloggers on the interest. Many don't understand what QNX ...
The main issue with Telenor is that whether they made underhand payments to ge the licenses. If they did, then ...
Over The Top providers have become the staple wildcard in almost any sector set on a collision path with mobile. By and large they are very good at what they do: connecting a user with their chosen content or service by whatever means available.
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