NFC technology based payments aren’t as popular as carrier billing

NFC technology mobile payments

When it comes to short term monetization of smartphone transactions, near field communication fell short. According to a new whitepaper that was just released by Juniper Research and Amdocs, which has revealed the leading mobile payments strategies and it discovered that NFC technology is currently nowhere near the lead. The whitepaper provided considerable insight into the techniques that are currently leading the way. The name of the whitepaper was “Mobile Payments in the App Store Economy: Winning Strategies for Telcos.” It focused a great deal on the relevance of telcos…

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Mobile wallet, Isis, slated for launch this month

Isis mobile commerce wallet

At some point in September, the long awaited smartphone payment service will become available. The m-commerce world is holding its breath as the Isis mobile wallet is finally aligned for launch by Verizon Wireless, T-Mobile USA, and AT&T, at some point during this month. The announcement was made by in a report which cited the CEO of VeriFone, Doug Bergeron. It explained that the service will first become available in San Antonio, Texas, and Salt Lake City, Utah. Smartphone payments terminal specialist, VeriFone, will be working with Isis on this…

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Juniper Research study shows mobile commerce should hit $74 billion in NFC transactions by 2015

NFC Mobile commerce Payments students

The results of the latest study by Juniper Research have been released, showing that near field communication (NFC) technology will have facilitated approximately $74 billion in mobile transactions by the year 2015. Though NFC mobile payments remain in their infancy, they are being used on an increasing basis for the purchase of transit tickets and to purchase products in-store. The use of smartphones as an alternative to paper tickets and plastic credit cards is among the most rapidly growing segments of the m-commerce marketplace. The report, called “Mobile Commerce Markets”,…

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