Based on Apple’s press conference on September 12, their strategy can be described as: change customer behavior now, encourage an upgrade later. The Apple wallet going to be called, imaginatively, “Apple Wallet.” It works without an NFC chip, relying instead on geolocation to determine if an iPhone user is in the proximity of a compatible … Continue reading Five Reasons iPhone-5 Excludes NFC
Whitepaper: Google Wallet and the New Payments Ecosystem
Mobile payments is starting over. When the Google Wallet launched on September 20, 2011, the first test of a remarkable new financial ecosystem began. But despite the apparent success of traditional mobile payments products like M-PESA in Kenya and South Africa, Google and rival Isis have decided to rewrite the business model – and for … Continue reading Whitepaper: Google Wallet and the New Payments Ecosystem
New Mobile Commerce Industry Outlook Presented at PrePaid Press Expo in Las Vegas
A detailed forecast and quantitative analysis of the emerging Mobile Commerce industry was presented and discussed at the Pre Paid Press Expo in the Paris Hotel in Las Vegas, and the results were remarkable. Mobile payments and mobile commerce have become different products, applicable to different markets. One of the key differences is the use … Continue reading New Mobile Commerce Industry Outlook Presented at PrePaid Press Expo in Las Vegas
According to Carriers: “NFC…Just About to Explode.”
Yesterday, Andrew Johnson of American Banker magazine (and PaymentSource) interviewed ISIS head of marketing Jaymee Johnson (no relation). In the article published today, Johnson said: “The handset pipeline around NFC is basically just about to explode,” Jaymee Johnson, ISIS head of marketing, said in a June 22 interview. “That will change pretty dramatically … by the early … Continue reading According to Carriers: “NFC…Just About to Explode.”
Insightful Report on Mobile Wallets by Nora Young, Spark Radio
Next Sunday, an insightful report on the Mobile Wallets by Nora Young will be broadcast on CBC Radio’s “Spark” program in advance of the Mobile Money Forum in Montreal on June 21, 2011. The podcast of this report was posted this morning. In her report, Nora uses a variety of different interviews and prior reports to present … Continue reading Insightful Report on Mobile Wallets by Nora Young, Spark Radio
Google ‘Wallet’ Will Be More Secure Than Plastic Credit/Debit Cards
Yesterday, the Google Wallet was announced. given that security has always been the number one concern of consumers, the most important question on people’s mind is, “will it be more secure?” The short answer is: Yes. Here’s why: a Smartphone can be secured on the network of your bank, or the network of your credit … Continue reading Google ‘Wallet’ Will Be More Secure Than Plastic Credit/Debit Cards
DIY CyberGuy with David W. Schropfer 