Scott Loftesness from Payment News.com stumbled across a posting from late January on the MobileRadicals Blog (from a a collection of mobile researchers based at the Department of Communications at Lancaster University in the UK) titled Mobile Payments - Six Years After WAP.
It’s a good survey of what’s transpired since the WAP-frenzy years when every [...]

MobileLime®, the first U.S.-based company to turn the mobile phone into a marketing, loyalty and payment device, today unveiled a next generation platform that will allow consumers to get rewards and pay for purchases by waving their cell phone over a contactless reader at their favorite merchants. Incorporating Near Field Communication (NFC) technology, the enhanced [...]

Scott Loftesness on Payment News.com:
A new report titled “Micro-Payment Systems and their application to mobile networks” (PDF) commissioned by the Information for Development Program (infoDev), in partnership with the International Finance Corporation (IFC) and the GSM Association, found that mobile-enabled commerce, or m-Commerce, can address a major service gap in developing countries that is critical [...]

The NFC Forum has announced that its member roster now includes more than 70 organizations worldwide.
On Payment News.com
On Businesswire.com

Wireless Watch Japan reported that the new mobile payment scheme launched by East Japan Railway Co.’s (aka Mobile Suica) is taking off very slowly. This is apparently due to the few number of compatible headsets, the limited geographical coverage, and the requierement for consumer to own a “View Card” credit card.
To read more about this [...]

Adjoined Consulting has announced a strategic partnership with Proximities, Inc. that takes advantage of Proximities RFID wristbands to enable consumers to gain access to public events, make purchases, and verify their age.
Proximities’ secure RFID wristbands enable patrons to quickly and conveniently gain access to public events, make purchases, and verify their age.
To read more about [...]

SK Telecom is interested to embed multiple credit cards in one mobile phone.
To read more in French: Services Mobiles

CRM Today reported on the recent research Towergroup conducted about the future of payments for the consumers.

Highlights of the research include:

Over time, TowerGroup believes payments will move increasingly toward a “pay-as-you-go” model, where consumers buy what they want wherever they are. But while payments will be made increasingly through clicks and texts rather than cash [...]

To read more:
Original post : Payment News
Source: InsideBay Area

Elena Malykhina reports for Information Week on mobile payments as mobile phones are increasingly expected to also become payment instruments.
While today cell phones are mostly used as communication tools in the U.S., in the future they will be used as payment tools in places where there are transaction terminals, says Johan Valentine, general manager of [...]

Jan Kuczynski reported on the Wireless World Forum that Mobile Suica was not as easy as hoped.
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