
In addition to all the latest news and analysis from the global mobile communications markets, April’s issue of Mobile Communications International is dedicated to Mobile money. Mobile financial services are back in the news, making for a substantial share of the announcements made at February’s Mobile World Congress. The aim is as simple as the ecosystem is complex, and structuring a play in this space is no mean feat. Also in the April issue we talk to Johan Ragnevad, – acting MD of Sweden’s mobile operator m-wallet joint venture, 4T. Plus we catch up with Bill Gajda, Visa’s head of mobile and Jaymee Johnson, head of marketing at US operator-led m-wallet venture Isis.
UK mobile payment technology and services provider Monitise has announced plans to acquire US based counterpart Clairmail, in a bid to create the “world’s largest pure-play mobile money company”. Monitise will pay a sum of $173m for the acquisition, which is conditional upon US regulatory and shareholder approvals, and the firm expects the acquisition to be completed before the end of the financial year 2012.
Telefónica Digital, the cross sector services arm of the international operator created in September last year, has announced a strategic partnership with mobile commerce provider Sybase 365. The deal will see the two firms collaborating on Telefónica’s m-wallet proposition, which will include a range of mobile financial services.
eBay is launching a host of in-store payment processing services for retailers, via PayPal, over the coming months. The services do not rely on the use of near-field communications (NFC) or credit or debit cards.
UK carrier O2 has announced the companies it will be partnering with to deploy its mobile wallet service in the second half of 2011. O2, the UK arm of Spanish incumbent Telefónica, said it would be working with Wave Crest, FIS, Intelligent Environments and Visa Europe.
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Mobile payment and payment gateway platform developer Charge Anywhere, has unveiled an Android app that will allow businesses to process credit and debit cards using only a handset. The application turns Google’s Nexus-S smartphone into an NFC payment acceptance terminal.
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Vodafone, Orange, O2 and T-Mobile have announced their intention to launch NFC mobile payment services in the UK by 2012. Near-field communications (NFC) has been building a head of steam in recent months, with the likes of Google, RIM and Visa announcing their support.
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Mobile money transfer and NFC (Near Field Communications) transactions are predicted to account for 50 per cent of the global mobile payment market by 2013. Industry analyst Juniper Research said this week that while the mobile payments market is currently dominated by purchases of digital content such as ringtones, music and games, it will in [...]
The gross transaction value of mobile payments for digital goods, such as music and games, and physical goods, such as books, is forecast to exceed $300bn worldwide by 2013. The figures, released by analyst house Juniper Research on Tuesday, found that there is a significant and immediate opportunity for mobile payment services, systems, software and [...]
Mobile payments could change the way the world spends money
Issue 145 November 2007
Featuring:
Location Based Services: Nokia’s acquistion of Navteq caused a stir in the LBS world. But success stories remain elusive
Vitalis Olunga: The head of GSM Africa speaks to MCI ahead of the AfricaCom event