Tag: mobile payments
Smartphonatics
I can’t see this new term catching on – Smartphonatic. A Smartphonatic is someone who changes their shopping, financial and payment behavior as a result of owning a smartphone. The report identifies a stark difference between mobile adoption among Smartphonatics and other consumers: while 80 percent of Smartphonatics have used their smartphones for mobile banking…
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Mobile payments going mainstream at CARTES in North America
Just what combination of technology convergence, business partnerships and consumer acceptance points will finally drive the widespread adoption of global mobile payments is at the centre of the agenda at the CARTES in North America expo & conference, 5-7 March 2012 in Las Vegas, Nevada. We, Global Prepaid Exchange, will be there, with our thoughts…
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US Bank’s wearable wallet: will it flop or not?
Those who follow the broader retail banking industry will know that many of the most exciting developments occur in the payments space — chip-and-PIN, mobile payments and P2P, for example. Everyone is scrambling to stake their claim in the new digital payments frontier. US Bank is the latest contender to throw its hat into the…
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Jack Dorsey’s Square Raises US$100m
Twitter co-founder Jack Dorsey’s technology company Square, which enables e-payments anywhere, has raised US$100m in Series C funding, valuing the company at more than US$1bn. The marketplace for mobile device payments is beginning to open up and last week Google chairman Eric Schmidt said the market could be worth US$1trn within a few years as…
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Mobile will transform commerce
If the following extract intrigues you in the slightest read the rest of the article now. Disruptive technologies often serve as a wedge used by attackers to work their way into markets, and not incidentally to edge incumbents out of the action. One of the most striking examples in the mobile industry been the recent…
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Mobile payments and pickpockets
Google to power your mobile wallet? The volume of mobile payments — buying boots via Zappos iPhone app, for example, or paying bills — is expected to climb to $214 billion by 2015, up from $16 billion in 2010, according to Aite Group, another financial services research firm. And pay-by-phone is only going to get…
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