At least one in five smart phones globally will have near field communications functionality by 2014, Juniper Research estimates.
Worldwide, Juniper Research forecasts almost 300 million NFC capable smart phones by 2014. Juniper’s analysis shows that this growth will be driven in the short term by mobile network operators launching services in 20 early adopting countries before the end of 2012.
Juniper Research forecasts that NFC-based mobile payments and retail marketing capability via coupons and smart posters will become common amongst smart phone users in Western Europe, North America and other developed regions.
North America will account for half of all NFC smart phones in 2014, followed by Western Europe.
Showing posts with label mobile payments. Show all posts
Showing posts with label mobile payments. Show all posts
Friday, April 15, 2011
North America Will Have Half of all NFC Phones in Service in 2014
Labels:
mobile payments,
nfc
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
Wednesday, February 9, 2011
Japanese and Korean Telcos Announce NFC Roaming
Japan’s biggest mobile operator, NTT DoCoMo, has agreed with Korea’s second-largest telco, KT Corp., to develop cross-border payment, ticketing and other services using standard NFC.
In the announcement, DoCoMo said that these are NFC services that the two telcos will 'launch in their respective markets of Japan and South Korea from around the end of 2012.
Data from the U.S. market is scanty, as few consumers yet have had a chance to use NFC or other mobile payment applications and services.
Researchers at the Yankee Group note that 2010 was the first year tests were run. Click on image for a larger view.
Researchers at the Yankee Group note that 2010 was the first year tests were run. Click on image for a larger view.
Labels:
mobile payments,
nfc
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
Saturday, January 22, 2011
Mobile Banking and Payments: Will Carriers Partner or Compete?
There's an undeniable argument that mobile phone companies could, in the future, threaten banks by introducing their own mobile payment systems. There's probably an equally compelling argument for mobile carriers working with payment processors. Patrick Dixon offers his thoughts.
Labels:
mobile banking,
mobile payments
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
Friday, November 12, 2010
Lots of Subtleties to Mobile Banking
Mobile banking, some would argue, is not as obvious an opportunity for U.S. application or service providers because the banking infrastructure is well developed, in obvious contrast to the situation in many other parts of the world, where the mobile essentially "is" the banking channel.
The more-subtle observation is that the infrastructure an application provider puts into place to support mobile money transfers of various types also can be leveraged for loyalty campaigns, coupon distribution and other marketing campaigns.
Over time, we'll see how things develop, at least in the U.S. market, where it seems likely most of the value payment processing represents has yet to be "surfaced."
The more-subtle observation is that the infrastructure an application provider puts into place to support mobile money transfers of various types also can be leveraged for loyalty campaigns, coupon distribution and other marketing campaigns.
Over time, we'll see how things develop, at least in the U.S. market, where it seems likely most of the value payment processing represents has yet to be "surfaced."
Labels:
ipaystation,
mobile banking,
mobile payments,
Nucleus
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
Thursday, November 4, 2010
FaceCash Talks About Mobile Payment Business
Scale ultimately is key when any company seeks to create a viable payments business to rival, or at least displace or augment, some amount of debit card or credit card payments.
Labels:
FaceCash,
mobile payments
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
Subscribe to:
Posts (Atom)
Will Else Will Apple Do to Support AI?
Apple is negotiating to use ChatGPT features in Apple’s iOS 18, according to a Bloomberg report . That raises the question of what else Appl...
-
We have all repeatedly seen comparisons of equity value of hyperscale app providers compared to the value of connectivity providers, which s...
-
It really is surprising how often a Pareto distribution--the “80/20 rule--appears in business life, or in life, generally. Basically, the...
-
Who gets to use spectrum, and concerns about interference from other users, now appears to be an issue for Google’s Project Loon in India. ...