Tag: mobile wallet statistics

Predicted Apple and Google Wallet will pressure MNOs into heavy mobile payment rivalry

Jorge Gonzalez
Mobile Commerce

Mobile wallets are at our doorstep, and though mobile network operators (MNOs) will be offering most of the mobile wallets based on NFC, from 2012 to 2016, their massive slice of the market will begin to decrease in size as Apple and Google start to draw their own loyal users. According to ABI Research senior analyst for mobile commerce and NFC, Mark Beccue, by the end of 2012’s fourth quarter, “Google will prove that Google Wallet is a hit with consumers. By 2014, we will see Google Wallets supported alongside…

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PayPal expects to see mobile payments rise to $3 billion by the end of the year

L. Green
Mobile Commerce

E-commerce giant PayPal has taken offense to Google’s mobile wallet initiative, claiming that the idea infringes upon a concept that PayPal had already been developing. PayPal has long been the dominate force on the Internet when it comes to e-commerce. Now, however, its position is being threatened by a wave of companies seeking to make use of NFC technology to stake their claim in the emerging marketing of mobile commerce. Many of these newcomers are already established in the world of technology, such as Google, and mobility, such as Verizon.…

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