Payment Observer » Infographic: The Mobile Payment Market. Payment Observer » Mobile Payment: The Big Picture. The official NFC-Logo Although they idea to pay with a mobile phone has been hyped since the late 1990s, only a few countries have successfully implemented such services.
Over the last few years, some major players have entered the mobile payment space. Currently the focus of the buzz is on Near Field Communication (NFC)-based services that support close proximity mobile payment. Mobile payment is being adopted all over the world in different ways. In this article we provide a brief overview on the mobile payments. Broadly speaking, mobile payment refers to all kinds of financial transactions performed from or via a mobile device. Carrier billing Carrier Billing Paymet Flow using the example of Cashlog One of the easiest methods of paying using a mobile phone is payment via a mobile phone bill.
Mobile digital wallets A digital wallet works much like a physical wallet. Mobile point of sale Mobile Card Reader and App using the example of Intuit GoPayment. Pour le paiement mobile, le SMS remplace la carte bancaire. Le paiement en ligne par SMS permet de s'adresser aux consommateurs qui ne possèdent par de carte bancaire.
C'est ce que propose BoxPay, présent au World Mobile Congress. Mais ce système ne vaut que pour de petites transactions. Le paradoxe est connu : les entreprises ont aujourd’hui la possibilité de se développer dans les pays représentant des gisements encore inexploités de consommation, mais où la carte bancaire ne bénéficie pas d’une diffusion massive. Un obstacle de taille, mais il existe un moyen de le contourner : le téléphone mobile. Pour développer les transactions sans carte de paiement, BoxPay, entreprise irlandaise présente au World Mobile Congress à Barcelone, a développé un système reposant sur le SMS. Un achat rapide et sécurisé En quelques clics, le paiement est effectué et épargne à l'acheteur d'avoir à remplir les traditionnels formulaires en quatre ou six étapes. Payer par SMS, oui, mais à quel prix ? De la carte virtuelle au paiement mobile.
SpotMe Payments: A Great App For Settling Up. SpotMe, a handy little tool for sharing expenses in groups, is now a top 10 mobile app in the finance category and a featured app in Apple’s App Store Rewind 2011.
Zornitza Stefanova, the CEO of SpotMe’s maker Boomerang Digital, describes the app as “a social messenger for payments.” What that means is that the app takes over the often uncomfortable job of having to ask your friends for the money they owe – it does that for you. An early version of the app was launched this July, but the most recent update just arrived mid-December, bringing with it helpful new features like messaging and email summaries. After installation, you can sign up for an account using Facebook and then add friends to a group by pulling their info from your phone’s address book or by typing in an email manually.
It’s really fast to set up the bill you’re splitting, the money you lent, the rent, or any other expense you want to split with others. We definitely needed an app for that. Snap & Deliver vs. Pick & Go: the future of mobile payment? The last few weeks have been really interesting if you are following the ongoing battlefield of mobile payment. Paypal, Square notably have made big announcements on their vision the future of payment. Behind all these players, there is an elephant in the room that doesn’t say much: Amazon. Online retail as been making constant progress and seems to have a lot of room to progress even further more. Source: Mobile Commerce is “lifting off” (to take Mery Meeker’s wording) More importantly, search while shopping in retail stores is becoming a tool for price transparency and retail competition.
Note: the same survey also indicated that 50% of USA smartphone users have used their smartphones to find a nearby store. => Snap & Deliver On the other hand, the recent update to Square Card Case as well as Paypal’s proposal for its future of payment show what I think is viable alternative for retailers. Thefinanser.co.uk/files/paypal-uk-mobile-retail-forecast.pdf.