Articles Archive for May 2006

Contactless payments in Japan and Korea
Posted in Discussions, General, Japan, Korea on 25 May 2006

A short discussion about why Japan and South Korea are leaders in contactless payments.
Payments News

Short video on mobile payments in the US
Posted in Platforms, USA, Videos on 25 May 2006

This is a short video of CBS. They briefly present Text-Pay-Me, Obo-pay, and PayPal Mobile.
Article and video

Crandy NCS: Video de P. Lerouge
Posted in Discussions, France, Germany, Platforms, Videos on 25 May 2006

Video en français qui parle de la solution de paiement mobile Crandy offerte par NCS. Cet interview est très intéressant et recommendé pour les gens qui s’intéressent à ce qu’il se passe en France et Allemagne.
- Video sur le blog de Jean Michel Billaut
- Petite news sur Services Mobiles
- Site de Crandy

Sunrise is working on mobile payments in Switzerland
Posted in Discussions, Switzerland on 14 May 2006

William Turler of Largeur.com reported that Sunrise is currently negociating with several partners to launch a mobile payment scheme. The other mobile network operators do not want to comment on possible collaborations with financial institutions.
To read more:
- Largeur.com

Juniper Research: mobile payment predictions
Posted in General, Opinions, Reports, Statistics on 9 May 2006

Mobile Payments to rise from $155M in 2005 to $10B total revenue by 2010, with increasing consumer adoption of m-payment schemes
Related posts:
- Payments News
- PRWeb
- Juniper Research

NFC for vending machines
Posted in Discussions, General, NFC, Platforms on 8 May 2006

Credit card companies see the emerging ‘near-field communications’ technology revolutionizing retail commerce. The emergence of cell phone-based electronic wallets will certainly impact vending.
Read more about it:
- AMonline.com
- Payments News

Report on m-payments in the USA
Posted in Discussions, NFC, Reports, SMS, USA on 8 May 2006

Mercator Advisory Group has announced a new report: “Mobile Payments In The United States: SMS and NFC Implementations Enter the Market”.
Mobile Payments In The United States examines the two most relevant mobile payment technologies, NFC and SMS, in the United States market. Using the recent activity as a guide, the report discusses the mobile payment [...]

M-Payments in the UK and Germany
Posted in Germany, Platforms, UK on 7 May 2006

Mobile payments are moving in the UK and Germany.
LUUP, the first payment system specifically for mobiles, launches today in both the UK and Germany. LUUP (called LUUPAY in Germany) allows consumers to use their mobile phone like a wallet to shop with retailers or send and receive money on a person-to-person basis – with cash, [...]

Mastercard PayPass success
Posted in Platforms, RFID, Statistics, USA on 7 May 2006

Cathleen Conforti, a senior vice president at MasterCard and PayPass global product manager, reports some promising first results of the introduction of PayPass.
Customers are using their contactless MasterCard PayPass as intended, with over 60% of transactions under $25, suggesting consumers are keeping their cash in their wallets and paying instead with the tap-and-go cards.
[...]
Consumers using [...]

Contactless payment schemes and Octopus
Posted in China, Discussions, General, Platforms, RFID, Statistics on 3 May 2006

[Recommended Reading]
Thad Rueter from Card Technology reports interesting facts about contactless payment schemes deployed in the public transport industry. Moreover, some recent statistics are given about the Octopus card in Hong Kong. There is also a discussion about the interest of the banks to work with transit companies.
To read more about it:
- Card Technology

An update on MasterCard PayPass
Posted in Platforms, RFID, Statistics, USA on 2 May 2006

From Payments News:
MasterCard has announced updated numbers for PayPass cards and acceptance locations saying that, to date, “approximately seven million PayPass cards and devices have been issued to consumers and PayPass is now accepted at approximately 30,000 merchant locations around the world.”
To read more about it:
- Payments News
- Yahoo Finance