Just over 2 billion mobile phone or tablet users will make some form of mobile commerce transaction by the end of 2017, up from 1.6 billion this year.
Another year is done and dusted in the telecom sector, and that can only mean one thing: everyone will spend the last month of the year attempting to predict what's in store for telecom next year.&
Isis--the mobile payments joint venture from AT&T Mobility, Verizon Wireless and T-Mobile US--finally rolled out nationwide, offering a new way for millions of customers to pay for goods and services via their mobile phones.
Isis--the mobile payments joint venture among AT&T Mobility, Verizon Wireless and T-Mobile US--will launch nationwide within the next few weeks with a redesigned app. The company's NFC-based services will work across most new Android phones, and Isis plans to support the iPhone via an NFC-capable case (and related iOS app) that it will release in the next few months. However, expectations are decidedly low for the joint venture.
Financial services institutions must gain a better understanding of the mobile payments market as latest research indicates there is still confusion about how to proceed in the mobile payments space, according to research firm Ovum.
América Móvil's U.S. MVNO TracFone Wireless recently launched its new "Trac 'N' Save" digital coupon and wallet program, which the company said provides "the best deals, discounts and promotions from trusted partners" to its roughly 23 million customers.
The European Commission approved Telefónica's landmark plan to create a joint venture with Spanish banks CaixaBank and Santander and develop new digital businesses in mobile banking.
More than 16 billion transport and events tickets will be delivered annually to mobile handsets by 2018, three times the volume expected this year, according to a new report from Juniper Research.
Executives with the three UK operators involved in mobile payments and marketing joint venture Weve used an appearance at a recent event in London to emphasise to retailers and brands the significance of their startegy. Vodafone UK CEO Guy Laurence said not signing up will be like "not signing the Beatles."
Weve, the UK mobile commerce joint venture formed by Vodafone, EE and Telefónica's O2 UK, revealed that Nike and supermarket giant Morrisons will be the first brands to run mobile ad campaigns simultaneously across all three networks via the Weve platform.