This Christmas shopping season will be all about consumer adoption of mobile and tablet devices. While the proportion of consumers actually using a mobile to make a purchase remains a minority — just 28 per cent of US and 25 per cent of UK respondents said they have done so in our 2012 survey — this group … Read more
Every good film director knows it’s best to show not tell. Same goes for presentations. Which is why I started using this ppt whenever I’m asked to explain what the heck is going on in mobile payments. I have boiled the myriad of market solutions into 32 – illustrating each with a product addressing that … Read more
How to save the British high street? It’s a question that gets asked more and more as towns and cities fill up with charity shops, supermarkets and boarded up units. eCommerce is considered the main villain here. But maybe it’s the saviour. eBay thinks so. It wants to make online commerce complementary to the physical … Read more
What an intriguing idea. US identity specialist NXT-ID has filed a patent for a very different kind of mobile wallet, which it calls The Wocket. Here’s the basic idea. NXT-ID thinks Isis et al are wrong for moving the wallet into the phone. It’s not secure, drains the battery and excludes those with older devices. … Read more
CardFlight looks to be competing in two fast-growing markets. The first is mPOS, where firms like Square already supply thousands of traders with a card-reading dongle that turns phones into payment tills. It’s also going after the in-app card payments space in which Stripe, Braintree, judo and others are flourishing. Thus, CardFlight provides its customers … Read more
It started by offering the ability to send targeted messages to opted-in subscribers. Last week, it added similarly targeted display ads. Now comes the payment part. With this MasterCard partnership, Weve will give subscribers with an NFC phone the ability to store a wallet in their NFC SIM. This will be accessed via a wallet … Read more
A survey by business process management firm Genpact found 64 per cent of Brits want to go mobile or online to do banking. Just 29 per cent would prefer to use branches or call centre-based telephone banking. Among ‘Gen Y’ it’s just 11 per cent. They all want to avoid queues, hideous decor and awful marketing … Read more
The whole charge-to-mobile market is rich in potential, but still waiting for its big moment. In a new report, analyst Ovum forecasts that moment may be imminent. It says charge to bill revenues will increase to $24.7 billion in 2019 from the $14.5 billion in 2014. The report, commissioned by Neomobile, reveals that app stores … Read more
Customers can now purchase and then display rail tickets and passes using the The Massachusetts Bay Transportation Authority’s mTicket app for iPhone and Android (Blackberry coming soon). The tickets are displayed as an encrypted barcode and as a ‘human readable’ ticket. They can buy the tickets with their phones too, via credit or debit card, … Read more
The eye-catching success of a handful of mobile money services – M-pesa, obviously – that use airtime as a currency has got the card firms a bit worried. They don’t want to see vast new markets using new types of currency. This explains why Visa bought Fundamo, one of the firms behind the mobile airtime … Read more