Overview Of Mobile Payments Markets

Mobile payments: markets, analysis and forecast,regulatory and standardisation bodies and services
2010-2015providers are now working together to make the
A recent news report highlighted that many usersmobile payments a commercial success. They are
trust their mobile more than their bank when itaware that the market is gaining mass popularity and
comes to handle money. Mobile payment, also calledreaching 'critical' mass. The recent testing of mobile
M-payment or mpayment, is at forefront of thispayment technologies at mass scale has increased
technological innovation, development and establishingprospects for mobile payment's application in more
this element of trust and security. The improvementareas and a faster growth in future.
of security has seen the use of mobile funds transfer"Everyone now has a mobile phone, which makes it a
and transactions increase both in quantity of goodslogical alternative to using debit and credit cards,"
and services purchased, as well as value. The directsays the CEO of one of the markets leading players.
and obvious benefits of enabling large-ticket itemsAccording to him, the options that mobile phones
such as airline tickets and life insurance premiums isnow have for handling bank transactions must be
clear, but also the subtle message it conveys to theexpanded to include a mobile payment procedure and
consumers is even more significant. Initially, fewnumerous further applications will be developed in this
customers will spend great amounts every day onarea in the next few years.
their mobile but the increase in limits by banks andOur brand new report, Mobile payments: markets,
vendors underscores the confidence in the channel.analysis and forecast, 2010-2015, provides you with a
The coming of age of mobile payments will drive anyclear insight of the mobile payment's technologies and
sceptics to adoption. ( )methods, areas of applications and use, markets,
The options to purchase goods and services, whichsupporting factors and concerns, insight on the
previously were available on the internet, are nowindustry's leading players, and an analysis of the
being made accessible on mobile phones. There isfuture growth and forecast. It examines the
now a window of opportunity for businesses,opportunities offered to mobile payments
consumers and you - you should take advantage ofstakeholders in view of the different trials and
it. All the stakeholders: mobile phone operators,surveys involving all of them, including the consumers.
developers and manufactures of payment systems,