Kevin’s Mobile Money News Weekly is an online newsletter made up of the most interesting news, articles and links related to mobile payments, mobile money, e-wallets, mobile banking and mobile security that I run across each week. I am specifically targeting market size and market trend information.
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IMPORTANT! In the January 27 webinar, Implementing SAP Enterprise Mobility in Fortune 500 Companies-Ten Lessons Learned, Smartsoft Mobile will share the top ten lessons learned from implementing SAP enterprise mobility solutions in Fortune 500 Companies. If you are a systems integrator or an end user, you will value from learning what works and what doesn't work in deploying mobility solutions. This webinar will also include an overview of the enterprise mobility industry in 2011 by SAP Mentor Kevin Benedict.
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More PayPal customers are using its payment service from their mobile phones. eBay’s payments unit in 2010 nearly tripled its eBay Mobile gross merchandise volume to $2 billion from the previous year, driven by strong holiday shopping.
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AT&T aims to drive awareness of mobile bar codes and the services it provides to companies that want to use them within marketing collateral via a business to business campaign that combines sight, sound and motion on Apple's iAd platform.
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Apple plans to introduce services that would let customers use its iPhone and iPad computer to make purchases using NFC, said Richard Doherty, director of consulting firm Envisioneering Group.
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At Starbucks stores throughout the U.S., the cashier can now scan your phone to deduct payment for your latté from the balance on your pre-loaded Starbucks card. Splitting the dinner bill with a friend? Download Bump, and you can beam over the cash from your PayPal account.
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PayPal, a unit of eBay, processed $700 million in mobile payments in 2010. While that's a small fraction of the more than $70 billion a year PayPal handles, it's an increase of almost 500 percent increase over the prior year's $141 million mobile total.
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Many credit card lenders are hoping mobile payment systems will become a viable purchasing option, and new research says following Japan's lead may help American companies further expand the technology in the U.S.
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Google is building a mobile wallet nicknamed "Cream," which it plans to integrate with Android NFC phones that consumers could tap to pay in stores. Among banks showing strong interest is U.S. based Citigroup.
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Some financial institutions such as PayPal and MasterCard have issued some customers adhesive chips for their phones. The credit card information is stuck to the phone and can be used at any of the 200,000 contactless readers in stores around the nation.
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Smartsoft Mobile empowers some of the world’s largest multi-national organizations to extend and improve business processes by providing mobile solutions to their employees and customers. Smartsoft has more than 700 experienced ERP/mobile consultants with over 5,000 man years of experience helping 400,000 plus mobile users achieve their business goals with powerful mobile B2B and B2C applications, designed and developed specifically for today’s popular consumer and industrial grade mobile devices. For more information please visit, http://www.smartsoftmobile.com/. This newsletter is sponsored in part by Smartsoft Mobile Solutions.
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Over the last two years, the idea of using your mobile phone for cash transfer has really been taking hold. With even very basic phones having the capacity to be used for payments, the United Nations is gathering information on how it can use mobile payments to further its public works around the world.
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The leading provider of hub-based mobile communication solutions, has announced that Microsoft has selected its Direct Billing Gateway solution for Windows Phone 7 applications and content billing. The DBG solution will enable Windows Phone 7 users across the world to buy content from Microsoft's Windows Phone Marketplace with a simple one click service, placing the fee for the application on the user's phone bill.
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The arrival of 2011 has seen the launch of the UK's first access all areas banking app for iPhone users. First Direct's new Banking On The Go app was launched on the apple app store on January 13 and so far it has been downloaded almost 10,000 times.
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Mobile payments will be the next step for delivering financial services to hundreds of millions of “underbanked” people or those who are under-served currently, both urban and rural customers, especially in emerging economies.
Mobile payments will be the next step for delivering financial services to hundreds of millions of “underbanked” people or those who are under-served currently, both urban and rural customers, especially in emerging economies.
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Kevin Benedict, SAP Mentor, SAP Top Contributor, mobile industry analyst and experienced mobile industry executive, offers both one and two day onsite workshops designed to educate and inform executives and management teams on enterprise mobility and mobile strategies for businesses. This workshop is designed to provide a complete overview of enterprise mobility and what it means to the business. The workshop is customized based upon the needs of participants. For more details visit http://mobileenterprisestrategies.blogspot.com/p/workshops.html.
Kevin Benedict, SAP Mentor, SAP Top Contributor, mobile industry analyst and experienced mobile industry executive, offers both one and two day onsite workshops designed to educate and inform executives and management teams on enterprise mobility and mobile strategies for businesses. This workshop is designed to provide a complete overview of enterprise mobility and what it means to the business. The workshop is customized based upon the needs of participants. For more details visit http://mobileenterprisestrategies.blogspot.com/p/workshops.html.
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You can follow me on Twitter @krbenedict and read my blog, Enterprise Mobility Strategies.
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Kevin Benedict, SAP Mentor, Mobile and M2M Industry Analyst
Phone +1 208-991-4410
Follow me on Twitter @krbenedict
Join the SAP Enterprise Mobility group on Linkedin: http://www.linkedin.com/groups?about=&gid=2823585&trk=anet_ug_grppro
Full Disclosure: I am an independent mobility consultant, mobility analyst, writer and Web 2.0 marketing professional. I work with and have worked with many of the companies mentioned in my articles.
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