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.
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Mobility News Weekly
Visa and Intel have announced a partnership that should make it easier for consumers to make mobile payments via phones and tablets powered by Intel chips. Users will be able to wave an Intel-powered smartphone equipped with NFC technology to make a payment quickly at retail points of sale.
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Isis announced this week that Chase, Capital One and BarclayCard will enable their credit, debit and prepaid cards for the Isis Mobile Wallet that's expected to launch in mid-year. The three credit providers represent about 100 million cardholders.
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Visa will soon offer a “one-stop” mobile payment solution. The “Visa-certified” NFC-equipped device will be securely linked with a user’s bank account and be used to make mobile payments anywhere Visa’s payWave system is accepted.
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Verivo is a leading provider of enterprise mobility software, Verivo helps companies accelerate their business results. Its unique technology empowers teams to build, deploy, manage and update their mobile apps -- rapidly and securely. Verivo’s mobility platform is used by hundreds of companies in numerous industries, worldwide. This newsletter is sponsored in part by Verivo. To learn more, visit
www.verivo.com
According to a Fiserv Consumer Trends Survey, tablet banking is increasing, with 40 percent of respondent households expecting to own a tablet by mid-2012. Of those, 45 percent planned to use the tablet for banking. Also, 37 percent of households with one tablet planned to buy another tablet.
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Google and others are promoting NFC technology, but PayPal's head of mobile, David Marcus, is skeptical: "For NFC to succeed you need consumers to have the handsets, and merchants to install the terminals. It will take time for NFC to get mass adoption. By the time NFC catches up, we'll be in a world that will move away from the point-of-sales terminal."
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