QR Code Press

Mobiles payments take center stage at CARTES 2012

07/01/201206/30/2012 Jorge Gonzalez

Top smart technology trade show concentrated on mobile transactions. Leading trade show for smart technology, CARTES, placed its top focus on mobile payments and other issues, views, and challenges regarding the marketplace, including the importance of India in the global landscape. This year was devoted to “interconnected commerce and the new payment landscape (electronic, mobile, physical)”. Many of the industry leaders were present, and spoke to bring forward the latest critical topics, which were weighted very heavily toward security and mobile payments. This has, in fact, driven move telecommunication operators,…

Where are we in the revolution bringing mobile payments?

06/28/201206/27/2012 Jesse Collins

Just as the internet has changed business, smartphones are changing commerce The smartphone technology marketplace around the globe has reached an explosive boom, as consumers demand more devices and more from them once they have them, including mobile payments and other services of convenience. In 2011, for the first time ever, sales of tablets outpaced that of laptops and desktops. Of course, more cell phones have been sold for PCs for a few years now. This, and a number of very important trends are driving the technology and use of…

Radio Shack poised to begin accepting mobile payments through Google Wallet

08/26/2011 Stephanie Beck

Radio Shack has announced that it will be one of the first retailers that will be taking advantage of the latest mobile payment technology being offered through Google Wallet. This announcement follows a press conference made by Google in June, when it divulged its new partnerships with credit card companies and banks that would bring near field communications (NFC) payments to phones running on their Android operating system. The start of the service was through the Nexus S phone, but NFC will be a part of all future Android phones,…

Gartner study shows that new technologies may fail under the weight of consumer hype

08/13/201108/13/2011 Stephen Vagus

Consumers may be dragging down emerging technologies with lofty expectations, according to a new Gartner study. Gartner’s 2011 Hype Cycle Special Report is an annual study that investigates the maturity, business benefit and future direction of near-future technologies. The report also gauges the level of consumer response to these technologies and offers a forecast of their future and longevity based upon its findings. Of note, Gartner’s says that several of the most promising technologies coming into the market may not fare well due to the level of hype surrounding them.…

China to lead the world in mobile commerce, says ABI Research

08/07/2011 Stephen Vagus

China Mobile payments technology commerce

China is on the verge of a mobile commerce explosion, according to a new study from ABI Research. The technology market intelligence firm released a report yesterday showing that China could surpass $8 billion in mobile payments by 2014. This would put the nation far ahead of others in terms of contactless payments. The rapid growth of NFC-driven commerce may be due to the single-minded pursuit of NFC technology in China. The progress toward electronic transactions has been slow in the West. Several companies, including Google and Nokia, have been…