Different Mobile Payment Alternatives and Framework to Analyse Developments * under elaboration *
|
|
- Egbert Payne
- 8 years ago
- Views:
Transcription
1 Different Mobile Payment Alternatives and Framework to Analyse Developments * under elaboration * Päivi Heikkinen Senior Economist Päivi Heikkinen 1 Structure of the presentation Research questions Ways to analyse and classify mobile payments Framework for evaluating various applications Preliminary outcome of the paper 2
2 Wireless communication: early stage of a technological innovation Lots of initiatives globally Linked to mobile commerce Alternatives to existing payment instruments Search for business cases Technology development and convergence Sim, UICC Infrared, Bluetooth, RF, NFC W-lan, WiMAX 3 Research questions Is there a way to develop more accurate framework to understand mobile payment initiatives? based on the framework, to evaluate various mobile payment initiatives, from the entire payment process perspective? 4
3 Broad definitions of mobile payments Making payments using mobile devices incl. wireless handsets, PDAs, RF-devices and NFC-based devices.» Dewan Chen Sub-group to e-payments, where mobile phones or other wireless communication devices are used to access accounts and to use payment services.»ecb 5 Putting mobile payments in existing payments framework Use of mobile communication device, commonly mobile phone, to conduct a payment transaction in which money or funds are transferred from one party to another party via an intermediary, such as financial institution, or directly without an intermediary. Mobile payment itself is neither money nor a means of payment, but a payment instrument, i.e. a medium by which payments may be initiated, activated and/or confirmed.» Karnouskos (by Mallat) 6
4 Ways to analyse and classify mobile payments Scheme-based classification Technology-based classification Usage-based classification Payment type based classification 7 Scheme-based classification by Juniper Research Mobile Payment Segment/Scheme Remote digital/mobile phone bill Remote digital/premium SMS Remote digital/mobile web&wap billing Remote digital&physical/ SMSmobile wallet& account based Remote/P2P Remote physical/mobile web&wap billing PoS/text-pin-Bluetooth PoS/Contactless Description Operators, low value for digital content For digital content&interactive TV Non-SMS for mobile web digital content SMS-based using pre-registred account and/or mobile wallet SMS-based, downloaded application, account based or phone browser Mobile web browser with WAP billing Proximity text-based and Bluetooth transactions Phones waved in front of reader, NFC or FeliCa Example Providers Most operators Content providers UK s Payforit PayPal Mobile, China based SmartPay Jieyin&PayMate Obopay, Globe Telecom mporia, Rakuten, Digby PayMate, Vodafone New Zealand NTT DoCoMo, MasterCard PayPass, Visa Contactless 8
5 Technology-based classification (suggestion) Mobile technology Examples of payment applications Gsm fixed radio connection Sms-based payment applications like ringtones or Helsinki public transportation, or mobile-paypal gprs +3G/4G packed data transmission Payment application embedded in chip together with sim, using secure element or not. Smsbased solutions like Banxafe or UICC-based as described by MobeyForum.Browser based Internet-banking. w-lan + WiMAX RF-chip short distance wireless internet connection radio frequency transponder for NFC, either as separate device in mobile handset or embedded in UICC. Browser based Internetbanking, web-payment. I-mode, Visa Contactless, MasterCard PayPass, public transportation like Octopus, Helsinki Travel Card 9 Usage-based classification by Mallat 10
6 Payment type based classification Payment Sms-based Sim/UICC-card RF-technology infrastructure t used applications based applications based applications Billing Money remittance Account based transfers Card payments P2P Ring-tones, charities M-Pesa Mobile PayPal, Digiraha, Paybox MasterCard MoneySend Switching airtime Banxafe RMV-Handy-Ticket für NFC Visa Contactless, MasterCard PayPass, Osafu-Keitai-iD 11 Framework for evaluating various applications By using Karnouskos definition and payment type - based classification following assumptions are made: Mobile payments make use of existing payment transmission mechanisms (quasi systems or directly) Mobile communication device brings a new element in payment initiation The new payment method must have comparative advantages in order to succeed 12
7 Preliminary outcome of the paper Need to redefine mobile payments Card payment by chip, irrespective where the chip is located? Prepaid by chip, irrespective where the chip is located? Account based (credit transfer) irrespective how the ct is initiated? When evaluating the efficiency of mobile payments the payment processing canbekept as a constant Evaluate efficiency for end-users Evaluate the role of 3rd parties in the process 13 Comparison of existing mobile payment applications with current payment instruments Payer, payee and operator (service providers) view Financial incentives to use Investment cost Usage cost Gains in efficiency /ease Usage experience Speed Availability Security 14
8 Environmental factors Developed countries Number of unbanked people low Payment market is saturated Payment based societies Payment instruments vs cash Mobile payments must compete with existing payment habits Developing countries Number of unbanked people high Limited financial services Mobile payments may create new markets 15 Use of mobile communication device for payment has two paths: NFC proximity payment by use of secure module Mature payment markets where Sms-based schemes lack competitiveness Application based schemes need ease Current cheap payment instruments corrupt business cases Sms-based money remittance services For developing countries May develop to e-money and be adopted more widely 16
9 Thank you for your attention Päivi Heikkinen Bank of Finland Financial Markets and Statistics Oversight of Market Infrastructure Snellmaninaukio Helsinki, Finland +358 (0)
mpay, mshop, mtransfer!
WHITEPAPER mpay, mshop, mtransfer! This whitepaper is an extract from: Mobile Payment Markets Strategies & Forecasts 2010-2014... information you can do business with mpay, mshop, mtransfer! 1. Introduction
More informationInnovations in retail: Mobile payments
Innovations in retail: Mobile payments Alexandre Stervinou Banque de France Deputy Head Non-cash Means of Payment Oversight Division Regional Payment Systems Workshop - LAC Port of Spain, Trinidad & Tobago
More informationThe Goods, the Payment and the Mobile!
WHITEPAPER The Goods, the Payment and the Mobile! This whitepaper is an extract from: Mobile Payments for Digital & Physical Goods Analysis, Markets & Vendor Strategies 2011-2015... information you can
More informationIngenious Systems. Evolute System's. Mobile Payment. Initiative
Ingenious Systems Evolute System's Mobile Payment Initiative The Mobile Payment Concept A mobile payment is any payment where a mobile device is used to initiate, authorize and confirm an exchange of financial
More informationMobile Money Transfer & Remittances
Mobile Money Transfer & Remittances 2 June 2010, Moscow - Mirpal Conference Mehdi Elhaoussine, Consultant, World Bank Expert Mobile Financial Services 1 Market figures Introduction 200 million people around
More informationMobile Phone: The New Way to Pay?
I Emerging Payments Industry Briefing An Informative Guide to Consumer Payment Behavior Krista Becker, Emerging Payments Analyst, Federal Reserve Bank of Boston Highlights: Over the past decade, the introduction
More informationEvolving Mobile Payments Industry Landscape
Evolving Mobile Payments Industry Landscape Mobile Banking: Can the Unbanked Bank on It? Sargent Shriver National Center on Poverty Law webinar August 16, 2012 Marianne Crowe Federal Reserve Bank of Boston
More informationFIVE KEYS TO ADVANCING MOBILE PAYMENTS
FIVE KEYS TO ADVANCING MOBILE PAYMENTS BY MATO HOSHINO In the past decade, consumer adoption of smartphones and tablets has reached a saturation point. More than 80 percent of all smartphone owners say
More informationMobile Commerce. Deepankar Roy, Ph.D. National Institute of Bank Management, Pune, India
Mobile Commerce Deepankar Roy, Ph.D. National Institute of Bank Management, Pune, India Outline What is mobile commerce? What are the different ways through which mobile commerce happens? Mobile Commerce
More informationMobile Payments Primer
Mobile Payments Primer February 13 th, 2014 Outline 1 Definitions 2 Introduction to Mobile Payments 3 Near Field Communication and Payment Methods 4 Non-NFC Payment Methods 4 Security 5 Mobile Payments
More informationC23: NFC Mobile Payment Ecosystem & Business Model. Jane Cloninger Director
C23: NFC Mobile Payment Ecosystem & Business Model Jane Cloninger Director The mobile phone is the most successful communication device in history Global mobile subscribers (millions) 5,000 4,500 4,000
More informationWhat Are Mobile Payments?
MOBILE PAYMENTS OVERVIEW CSBS Legal Conference August 25, 2011 Cliff Stanford Alston & Bird, LLP What Are Mobile Payments? Payment transactions between two parties initiated by means of a mobile device
More informationThomas Lerner. Mobile Payment. Springer
Thomas Lerner Mobile Payment Springer Table of Contents 1 History, Technology and Commerce 1 1.1 A Brief History of Money and Mobile Technologies 1 1.2 From Mobile Banking to Mobile Payment 4 1.3 The Development
More informationCooperation for Innovation in Payment Systems: The Case of Mobile Payments
Cooperation for Innovation in Payment Systems: The Case of Mobile Payments Marc BOURREAU Telecom ParisTech, Paris, France Marianne VERDIER University Paris Ouest Nanterre la Défense, Paris, France Abstract:
More informationMobile Phone Terminology Simplifying telecoms management
Mobile Phone Terminology Simplifying telecoms management _ 3G The next generation mobile network, launched in the UK in March 2003, pushed heavily by the company, Hutchison 3. The other major networks
More informationHitting the N-Mark with NFC
WHITEPAPER Hitting the N-Mark with NFC This whitepaper is an extract from: NFC Retail Marketing & Mobile Payments Markets, Forecasts & Strategies 2011-2016... information you can do business with Hitting
More informationThe mobile phone is evolving rapidly as a channel for
Payment 2.0: The Next-Generation Model Anurag Shukla, Associate Business Manager, Rajat Tyagi, Principal, and Shrirang Raddi, Engagement Manager, ing and Capital Markets, Infosys Technologies, India phones
More informationTowards a Holistic Analysis of Mobile Payments: A Multiple Perspectives Approach *
HEC LAUSANNE Information Systems Institute Towards a Holistic Analysis of Mobile Payments: A Multiple Perspectives Approach * Jan Ondrus & Yves Pigneur Information Systems Institute HEC School of Business
More informationWireless E-commerce Payment and Its Development in China
200 International Conference of Information Science and Management Engineering Wireless E-commerce Payment and Its Development in China Liu Shifeng Zhejiang University, Ningbo Institute of Technology Ningbo,
More informationMobile payment systems
ARN, 12. April 2005 Mobile payment systems Agnieszka Zmijewska, Elaine Lawrence, Robert Steele Mobile payments Mobile payments (or m-payments) are payments in which at least one part of the transaction
More informationCOUPLING MOBILE PAYMENTS AND CRM IN THE RETAIL INDUSTRY
COUPLING MOBILE PAYMENTS AND CRM IN THE RETAIL INDUSTRY Jan Ondrus INFORGE Ecole des HEC University of Lausanne, Switzerland jan.ondrus@unil.ch Yves Pigneur INFORGE Ecole des HEC University of Lausanne,
More informationMobile Near-Field Communications (NFC) Payments
Mobile Near-Field Communications (NFC) Payments OCTOBER 2013 GENERAL INFORMATION American Express continues to develop its infrastructure and capabilities to support growing market interest in mobile payments
More informationWhite Paper. Contents. Breakthroughs in the European Mobile Payment Market. Executive Summary
Breakthroughs in the European Mobile Payment Market White Paper Written by Laurent Bailly and Bernard Van der Lande Executive Summary Mobile payment has yet to fulfil its potential. The time is now right
More informationU.S. Mobile Payments Landscape NCSL Legislative Summit 2013
U.S. Mobile Payments Landscape NCSL Legislative Summit 2013 Marianne Crowe Vice President, Payment Strategies Federal Reserve Bank of Boston August 13, 2013 2 Agenda Overview of Mobile Payments Landscape
More informationMobile Financial Services
Mobile Financial Services CANTO AGM 2014 January 27, 2014 27 janvier 2014 1 Agenda MoreMagic and Oberthur Technologies International TopUp and White label The Digital Revolution The Caribbean Opportunity
More informationSmart Ride: European transit systems move to contactless mobile payments Trends and Developments, May 05, 2015
Industry trends suggest that transit system operators are moving away from traditional methods of payment such as cash, tokens and paper tickets to a variety of electronic payment methods, including near
More informationMobile Payments in the United States at Retail Point of Sale: Current Market and Future Prospects
No. 10-2 Mobile Payments in the United States at Retail Point of Sale: Current Market and Future Prospects Marianne Crowe, Marc Rysman, and Joanna Stavins Abstract: Although mobile payments are increasingly
More informationMobile Payments. Antti Pihlajamäki 27.10.2004
Mobile Payments Antti Pihlajamäki 27.10.2004 Outline Introduction Terminology Basic concepts Technology behind mobile payments Remote transactions Local transactions Drivers of mobile payments Unique features
More informationMobile and Wireless IS
Mobile and Wireless IS Athens University of Economics and Business Department of Management Science and Technology ISTLab/ Wireless Research Center George M. Giaglis giaglis@aueb.gr Learning Objectives
More informationMobile Payments: How Can Banks Seize the Opportunity?
Financial Services the way we see it Mobile Payments: How Can Banks Seize the Opportunity? An Approach for Financial Services Institutions Contents 1 Abstract 3 2 Mobile Payments Opportunity 4 2.1 Market
More informationElectronic Payment Systems
Electronic Payment Systems Cours de stratégie et technologie de l informationl DPIO, semestre d éd été Prof. F. Bodart 17 Mai 2004 Jan Ondrus HEC Lausanne Desired properties of Money Universal acceptance
More informationMobile Money. Business & Network Consulting. Opportunities for Mobile Operators. A Huawei White Paper by Atanu Debray, Hyejung Kwon, Richard Gill
Mobile Money Opportunities for Mobile Operators Business & Network Consulting A Huawei White Paper by Atanu Debray, Hyejung Kwon, Richard Gill February, 2014 CONTENTS 1 Introduction...1 2 Mobile Money...2
More informationChapter 5. Online Payment System. Types of Payment Systems. Cash Checking Transfer Credit Card Stored Value Accumulating Balance
Chapter 5 Online Payment System Copyright 2007 Pearson Education, Inc. Slide 5-64 Types of Payment Systems Cash Checking Transfer Credit Card Stored Value Accumulating Balance Copyright 2007 Pearson Education,
More informationMobile Payment Systems and Services: An Introduction
Mobile Payment Systems and Services: An Introduction 1. Introduction Mahil Carr IDRBT Hyderarbad mahilcarr@idrbt.ac.in Three billion people are expected to own mobile phones in the globe by 2010. There
More informationTrends in Mobile Payments in Developing and Advanced Economies
Trends in Mobile Payments in Developing and Advanced Economies Darren Flood, Tim West and Daniel Wheadon* As mobile phones have become commonplace throughout the world there has been an increasing focus
More informationBank. CA$H 2.0 Contactless payment cards
Bank CA$H 2.0 Contactless payment cards You can call it 'cash 2.0': a new age of wireless payment technology that may replace even the smallest cash transactions in the coming years with the wave of a
More informationNear Field Communication Tap and Fly
Near Field Communication Tap and Fly By Simon Mitchell +61 3 9653 914 info@matchbyte.com Level 18, 101 Collins Street Melbourne, VIC Australia 3000 Near Field Communication According to the International
More informationMobile MasterCard PayPass Testing and Approval Guide. December 2009 - Version 2.0
Mobile MasterCard PayPass Testing and Approval Guide December 2009 - Version 2.0 Proprietary Rights Trademarks The information contained in this document is proprietary and confidential to MasterCard International
More informationMobile Applications and OpenTravel Specifications
Mobile Applications and OpenTravel Specifications A G E N D A Introductions Is the Mobile channel important? USER EXPERIENCE What is the next generation of mobile applications? How do Open Standards come
More informationMobile Payments in Asia
COUNTRY ANALYSIS UNIT FEDERAL RESERVE BANK OF SAN FRANCISCO NOVEMBER 2013 s a new retail payment technology, mobile payments A (m-payments) have the potential to facilitate global commerce by reducing
More informationPayment Systems for E-Commerce. Shengyu Jin 4/27/2005
Payment Systems for E-Commerce Shengyu Jin 4/27/2005 Reference Papers 1. Research on electronic payment model,2004 2. An analysis and comparison of different types of electronic payment systems 2001 3.
More informationMobile Payment in India - Operative Guidelines for Banks
Mobile Payment in India - Operative Guidelines for Banks 1. Introduction 1.1 With the rapid growth in the number of mobile phone subscribers in India (about 261 million as at the end of March 2008 and
More informationTEPZZ 68Z Z5A_T EP 2 680 205 A1 (19) (11) EP 2 680 205 A1 (12) EUROPEAN PATENT APPLICATION. (51) Int Cl.: G06Q 20/34 (2012.01)
(19) TEPZZ 68Z ZA_T (11) EP 2 680 A1 (12) EUROPEAN PATENT APPLICATION (43) Date of publication: 01.01.14 Bulletin 14/01 (1) Int Cl.: G06Q /34 (12.01) (21) Application number: 103183.4 (22) Date of filing:
More informationGuide to Wireless Communications. Digital Cellular Telephony. Learning Objectives. Digital Cellular Telephony. Chapter 8
Guide to Wireless Communications Digital Cellular Telephony Chapter 2 Learning Objectives Digital Cellular Telephony 3 Describe the applications that can be used on a digital cellular telephone Explain
More informationMobile phone based business models. Sundar Murthi CAB
Mobile phone based business models Sundar Murthi CAB Session Plan Overview of mobile business Mobiles for banking Guidelines for mobile banking Technologies for mobile banking Mobile banking solutions
More informationpermitting close proximity communication between devices in this case a phone and a terminal.
MOBILE PAYMENT What it is. How it works. What it means for Canadians. By EnStream LP for the House of Commons Finance Committee February 13, 2014 INTRODUCTION EnStream was established by Bell, Rogers and
More informationMobile Payments. Abstract. 1 Introduction. 2 Technology. 2.1 Remote transactions. 1.1 Key concepts. 2.2 Local transactions.
Mobile Payments Antti Pihlajamäki Helsinki University of Technology, Networking Laboratory antti.pihlajamaki@hut.fi S-38.042 Seminar on Networking Business, Fall 2004 Abstract This paper examines mobile
More informationInnovations in retail payments
Innovations in retail payments CPMI-BCRP Seminar Lima, Peru, 26-27 May 2016 The views expressed here are those of the authors only. No responsibility of them should be attributed to the Bank of Canada
More informationThe Mobile Payments and NFC Landscape: A U.S. Perspective
The Mobile Payments and NFC Landscape: A U.S. Perspective A Smart Card Alliance Payments Council White Paper Publication Date: September 2011 Publication Number: PC-11002 Smart Card Alliance 191 Clarksville
More informationMobile Money Market by Transaction Mode, Nature of Payment, Location, Type of Purchase, & by Industry - Global Forecast to 2019
Brochure More information from http://www.researchandmarkets.com/reports/3150389/ Mobile Money Market by Transaction Mode, Nature of Payment, Location, Type of Purchase, & by Industry - Global Forecast
More informationTHE APPEAL FOR CONTACTLESS PAYMENT 3 AVAILABLE CONTACTLESS TECHNOLOGIES 3 USING ISO 14443 BASED TECHNOLOGY FOR PAYMENT 4
CONTACTLESS THE APPEAL FOR CONTACTLESS 3 AVAILABLE CONTACTLESS TECHNOLOGIES 3 USING ISO 14443 BASED TECHNOLOGY FOR 4 DESIGNING AN EMV LIKE CONTACTLESS SYSTEM 5 INGENICO, LEADER IN CONTACTLESS TECHNOLOGY
More informationBGS MOBILE PLATFORM HCE AND CLOUD BASED PAYMENTS
HCE AND CLOUD BASED PAYMENTS 1 Contactless payments are vital for further development of the payment industry. More than 3 mln POS terminals around the globe can accept contactless payments. Mobile phones
More informationRecent Developments in Mobile Financial Services Solutions December 12, 2012
Recent Developments in Mobile Financial Services Solutions December 12, 2012 www.schnader.com 1 Introduction Mobile Financial Services Technology Issues Regulatory Issues www.schnader.com 2 Mobile Financial
More informationDie Zukunft des M-Payment The future of m-payment
Die Zukunft des M-Payment Düsseldorf, 25. Januar 2008 Andreas Johne Agenda Brief company presentation M-payment with Near Field Communication Success stories with Page 2 Giesecke & Devrient From Printing
More informationMobile System Technologies Certification Program
Mobile System Technologies Certification Program This is the Mobile Computing Promotion Consortium s (MCPC) official certification program for engineers who wish to obtain deeper knowledge of and experience
More informationMobile Payments: A Tool Kit For A Better Understanding Of The Market
Mobile Payments 1 Mobile Payments: A Tool Kit For A Better Understanding Of The Market Jan Ondrus INFORGE - Ecole des HEC University of Lausanne Jan.Ondrus@hec.unil.ch Abstract. This paper primarily proposes
More informationShort-range Wireless Technologies with Mobile Payments Systems
Short-range Wireless Technologies with Mobile Payments Systems Jiajun Jim Chen University of Portsmouth Burnaby Terrace Portsmouth +44 2392846444 jim.chen@port.ac.uk Carl Adams University of Portsmouth
More informationM-Payments Legal and Regulatory Issues ***
M-Payments Legal and Regulatory Issues *** Mobile Payments: Global Markets, Empowered Consumers and New Rules? What Will it Take to Make Mobile Payments Mainstream in North America? Friday, October 29,
More informationSpecial Conditions and Service Description for amaysim Mobile Broadband
Special Conditions and Service Description for amaysim Mobile Broadband amaysim Australia Pty Ltd, PO Box R567, Royal Exchange NSW 1225, Australia, ABN 65 143 613 478, ACN 143 613 478 Table of Contents
More informationThreat Modeling for offline NFC Payments
Threat Modeling for offline NFC Payments 1 Fan Jia, 2 Yong Liu, 3 Li Zhang *1,Corresponding Author,2 Key Laboratory of Communication and Information Systems, Beijing Jiaotong University, Beijing, China,
More informationThe Mobile Money Revolution. ITU-T Technology Watch Report May 2013. Part 1: NFC Mobile Payments
The Mobile Money Revolution Part 1: NFC Mobile Payments ITU-T Technology Watch Report May 2013 Mobile money refers to financial transactions and services that can be carried out using a mobile device such
More informationPrepay Solutions (PPS)
PrePay Solutions Prepay Solutions (PPS) UK pioneer in prepaid leading the sector for the last 10 years with continued innovation delivering successful prepaid programs throughout Europe 2 PPS in the Digital
More informationNFC Test Challenges for Mobile Device Developers Presented by: Miguel Angel Guijarro miguel-angel_guijarro@agilent.com
NFC Test Challenges for Mobile Device Developers Presented by: Miguel Angel Guijarro miguel-angel_guijarro@agilent.com 1 Outlook About NFC Developing a NFC Device Test Challenges Test Solutions Q&A 2 What
More informationMobile Banking Service
Mobile Banking Service Features Enquiry of balance in account(s) Mini Statement last five transactions Transfer of Funds to accounts with SBI & other Banks IMPS- Mobile to Mobile Transfer, Mobile to Account
More informationIntroduction to the similar solutions and compare with the proposed system.
Chapter 2 Introduction to the similar solutions and compare with the proposed system. Chapter two contains the similar solutions done by others and these solutions have been compared with the automated
More informationSustaining profitable growth Business focus and update
Sustaining profitable growth Business focus and update Scott McGregor President and Chief Executive Officer Philips Semiconductors Financial Analysts Day 2004 What we mean by sustaining profitable growth
More informationProximity Mobile Payments: Leveraging NFC and the Contactless Financial Payments Infrastructure
Proximity Mobile Payments: Leveraging NFC and the Contactless Financial Payments Infrastructure A Smart Card Alliance Contactless Payments Council White Paper Publication Date: September 2007 Publication
More informationApplying the NFC Secure Element in Mobile Identity Apps. RANDY VANDERHOOF Executive Director Smart Card Alliance
Applying the NFC Secure Element in Mobile Identity Apps RANDY VANDERHOOF Executive Director Smart Card Alliance Session ID: MBS - 403 Session Classification: Mobile Security Agenda Agenda topics NFC basics:
More informationEuronet Software Solutions Recharge Solution
Serving millions of people worldwide with electronic payment convenience. Recharge Solution Deliver the Ultimate Convenience of Top-Up to Your Customers Today Recharge Solution GLOBAL PROVIDER FOR ALL
More informationStrategies for Mobile Wireless Internet. Parallels with Television
Strategies for Mobile Wireless Internet Presented by KATHRYN RUDIE HARRIGAN Henry R. Kravis Professor of Business Leadership COLUMBIA UNIVERSITY Parallels with Television Electronic components firms assembled
More informationAccess alternatives to mobile services and content: analysis of handset-based smartphone usage data
Access alternatives to mobile services and content: analysis of handset-based smartphone usage data (timo.smura@tkk.fi) ITS 17th Biennial Conference Montreal, Canada, June 24-27, 2008 Outline Introduction
More informationHow To Make Money From Mobile Payment On Wirecard
MOBILE PAYMENT INNOVATIVE SOLUTIONS Modular, global, flexible and secure 2 THE FUTURE OF PAYMENT IS MOBILE MOBILE PAYMENT Wirecard is an end-to-end provider of solutions and services for multifunctional,
More informationStore Logistics and Payment with Near Field Communication
with www.stolpan.com Store Logistics and Payment with Near Field Communication Hagenberg, Hagenberg, March March 20. 2007 20. 2007. Dr. László Kutor, Dr. BMF László Kutor, BMF 19/1 StoLPaN Project Summary
More informationM-Payments Issues and Concepts
Informatica Economică vol. 16, no. 3/2012 117 M-Payments Issues and Concepts Cristian TOMA Department of Economic Informatics and Cybernetics Academy of Economic Studies Bucharest cristianvtoma@gmail.com,
More informationMobile & Wireless Technologies in Support of FP & Health Programs: Better, Faster, Cheaper
Mobile & Wireless Technologies in Support of FP & Health Programs: Better, Faster, Cheaper International Family Planning Conference Kampala, Uganda November 16, 2009 David Cantor, ICF Macro Virginia Lamprecht,
More informationCOMP327 Mobile Computing Session: 2014-2015. Lecture Set 10 - mcommerce
COMP327 Mobile Computing Session: 2014-2015 Lecture Set 10 - mcommerce In this Lecture Set M-Commerce E-Commerce on a mobile device Challenges and Opportunities Payment Systems Payment mechanisms E-Commerce
More informationMobile Broadband Group PO Box 34586, London SE15 5YA
Mobile Broadband Group PO Box 34586, London SE15 5YA Response of the Mobile Broadband Group to HM Treasury s consultation on the implementation of the Payment Services Directive. Introduction The Mobile
More informationA Guide to Contactless Cards
A Guide to Contactless Cards 1 Guide to Contactless Cards Ever since they were first introduced to the UK market over 50 years ago, credit cards have been in a constant state of evolution, as card issuers
More informationMobile Payments. www.wipro.com. Kedar Limaye Director & Consulting Partner,Wipro Mobility Solutions
Mobile Payments www.wipro.com Kedar Limaye Director & Consulting Partner,Wipro Mobility Solutions Table of contents 03... Preparing your business for mobile payments 04... Defining mobile payments 05...
More informationContactless Payments. Björn Salomon-Sörensen, Account Director - Swedbank November 11, 2015
Contactless Payments Björn Salomon-Sörensen, Account Director - Swedbank CONTACTLESS BASICS AND BENEFITS What s Inside MasterCard Contactless? Similar to a standard MasterCard card with some differences.
More informationMobile Service Delivery Business Models in Europe and Japan: The shift from wherever and whenever to right here and now
Mobile Service Delivery Business Models in Europe and Japan: The shift from wherever and whenever to right here and now Patrik Kärrberg London School of Economics and Political Science London, UK Dr. Jonathan
More informationMobile Ticket to Ride!
WHITEPAPER Mobile Ticket to Ride! This whitepaper is an extract from: Mobile Ticketing Applications & Markets Transport, Sport & Entertainment 2009-2014... information you can do business with Mobile Ticket
More informationMobile Financial Services Business Ecosystem Scenarios & Consequences. Summary Document. Edited By. Juha Risikko & Bishwajit Choudhary
Mobile Financial Services Business Ecosystem Scenarios & Consequences Summary Document Edited By Juha Risikko & Bishwajit Choudhary Mobey Forum Mobile Financial Services Ltd. Disclaimer: This document
More informationAn Examination of Mobile Banking and Mobile Payments: Building Adoption as Experience Goods?
An Examination of Mobile Banking and Mobile Payments: Building Adoption as Experience Goods? Julia S. Cheney* June 2008 Summary: This paper examines consumer adoption of mobile banking and mobile payments
More informationInternational Micropayment
GBDe 2006 Issue Group International Micropayment Issue Chair: Issue Group Members: Chunghwa Telecom Co., Ltd., Taiwan Institute for Information Industry, Taiwan MDeC, Malaysia Nihon Unisys, Japan NEC Corporation,
More informationCONTACTLESS INTEROPERABILITY IN TRANSIT
NEW SCIENCE TRANSACTION SECURITY ARTICLE CONTACTLESS INTEROPERABILITY IN TRANSIT SUMMER 2014 UL.COM/NEWSCIENCE NEW SCIENCE TRANSACTION SECURITY OVERVIEW From research on the latest electronic transaction
More informationMOBILE NEAR-FIELD COMMUNICATIONS (NFC) PAYMENTS
MOBILE NEAR-FIELD COMMUNICATIONS (NFC) PAYMENTS MAY 2013 THESE TECHNOLOGIES ARE BECOMING CONVENIENT AND SIMPLE WAYS TO PAY. Every day merchants seek better ways to grow their business and improve efficiency.
More informationPayments through the Mobile Looking Glass
Whitepaper Payments through the Mobile Looking Glass sqs.com Authors: Srinivasa Sundar Bandepalli Test Manager Dinesh K Test Manager Sudha Kiran Pentela Principal Consultant SQS India BFSI Limited Published:
More informationNFC. Technical Overview. Release r05
Release r05 Trademarks The Bluetooth word mark and logos are owned by the Bluetooth SIG, Inc. and any use of such marks by Stollmann E+V GmbH is under license. Other trademarks and trade names are those
More informationAbout Visa paywave for mobile
F A C T S H E E T About Visa paywave for mobile Visa paywave is Visa s contactless payment technology that enables consumers to make wave and go payments at the shop counter using their payment cards,
More informationE-commerce. business. technology. society. Kenneth C. Laudon Carol Guercio Traver. Third Edition. Copyright 2007 Pearson Education, Inc.
Copyright 2007 Pearson Education, Inc. Slide 6-1 E-commerce business. technology. society. Third Edition Kenneth C. Laudon Carol Guercio Traver Copyright 2007 Pearson Education, Inc. Slide 6-2 Chapter
More informationMOBILE COMMERCE : GATE WAY TO SUCCESSFUL BUSINESS
MOBILE COMMERCE : GATE WAY TO SUCCESSFUL BUSINESS Shakeb Ahmed Lecturer G.D.A.B. Arts & Commerce College Malegaon (Nasik) India A.V. More Lecturer M.G.V s IMR Panchavati, Nashik.India ABSTRACT This paper
More informationChapter 1: Introduction
Chapter 1: Introduction Jyh-Cheng Chen and Tao Zhang IP-Based Next-Generation Wireless Networks Published by John Wiley & Sons, Inc. January 2004 This material is protected under all Copyright Laws as
More informationEuronet USA, Inc. 17300 Chenal Parkway, Suite 200 Little Rock, AR, 72223. Tel: 1-501-218-7300 Fax: 1-501-218-7302
Euronet USA, Inc. 17300 Chenal Parkway, Suite 200 Little Rock, AR, 72223 Tel: 1-501-218-7300 Fax: 1-501-218-7302 E-mail us at: mail@euronetworldwide.com Visit our Web site at www.euronetworldwide.com.
More informationTelecommunications. The role of the UICC in Long Term Evolution all IP networks
Telecommunications The role of the UICC in Long Term Evolution all IP networks financial services & retail enterprise internet content providers public sector telecommunications > PRODUCT transport Telecommunications
More informationRemote Payments Drive Near-Term M-Commerce Revenue Opportunity for Mobile Operators
White Paper Remote Payments Drive Near-Term M-Commerce Revenue Opportunity for Mobile Operators Sponsored by Contents 2 Executive Summary... 4 Definition and scope of m-commerce... 5 Digital content market
More informationMobile payments those initiated on a mobile device such as
Mobile Payments: What s in It for Consumers? By Fumiko Hayashi Mobile payments those initiated on a mobile device such as a cell phone or tablet computer have received a significant amount of attention
More informationEFFECTS OF CYBERSECURITY ON SELECTED MOBILE PHONE PAYMENT SYSTEM IN NAIROBI CENTRAL BUSINESS DISTRICT WEKESA NELSON BARASA
EFFECTS OF CYBERSECURITY ON SELECTED MOBILE PHONE PAYMENT SYSTEM IN NAIROBI CENTRAL BUSINESS DISTRICT WEKESA NELSON BARASA A Thesis Submitted to the Graduate School in Partial Fulfillment of the Requirements
More informationCHAPTER 7. Wireless Technologies and the Modern Organization
CHAPTER 7 Wireless Technologies and the Modern Organization CHAPTER OUTLINE 7.1 Wireless Technologies 7.2 Wireless Computer Networks and Internet Access 7.3 Mobile Computing and Mobile commerce 7.4 Pervasive
More information