Wednesday, November 09, 2011

Mobile Commerce News Weekly - Week of November 7, 2011

The Mobile Commerce 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.

Also read Field Mobility News Weekly
Also read Mobile Medical News Weekly
Also read Mobile Marketing News Weekly
Also read Mobility News Weekly
Also read M2M News Weekly
Also read Mobility Charts Weekly

Parks Associates has predicted that NFC will play a major role in a mobile payments market worth $800 billion by 2015.  Read Original Content

Over one million smartphone owners have downloaded the Starbucks mobile payment application since January and have made over 20 million mobile payments.  Read Original Content

According to new information, PayPal is processing $10,000 per minute through mobile payments. Read Original Content

Pyxis Mobile provides an agile, powerful, and secure mobile enterprise application platform.  It enables rapid cross-platform application development, unlimited data integration, enterprise-grade security, and the unique ability to change and update applications in real time.  This newsletter is sponsored in part by Pyxis Mobile,’s report on the global mobile payment market expects mobile payments users to hit 893 million globally in 2015 with $945 billion in transaction value. Read Original Content

eBay CEO, John Donahoe, has said that eBay will have experienced $5 billion in business this year via mobile phones, with PayPal at $3.5 billion in mobile payments for the calendar year. Read Original Content

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The value of financial transactions carried out through mobile phones has been forecasted at $245 billion worldwide by 2014. Also, the number of users carrying out transactions using mobile money is expected to total 340 million by 2014, equivalent to 5 percent of existing mobile subscribers across the globe. Read Original Content

Google is currently planning on releasing their mobile payment program in India once there are 50 million Indians with Internet access who use the Android devices. Read Original Content

According to a new report by Pyramid Research, the mobile payment industry will reach hundreds of billions in the next few years. Read Original Content

Mobile payment company Square has created a new application that allows payment terminals to recognize specific smartphones within 100 meters so that owners can pay without physically touching their phone. Read Original Content

Nearly 50 percent of U.S. smartphone owners find NFC enabled mobile wallet applications appealing, according to a new survey conducted by market research and consulting firm Parks Associates.  Read Original Content

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Kevin Benedict, Independent Mobile Industry Analyst, Consultant and SAP Mentor Volunteer
Follow me on Twitter @krbenedict

Full Disclosure: I am an independent mobility analyst, consultant and blogger. I work with and have worked with many of the companies mentioned in my articles.