Search results “Market for mobile payments”
China's mobile payment market continues to boom in 2017
In the second quarter of 2017, third-party mobile payment transactions amounted to more than 23 trillion yuan, up 22.5% from the previous quarter, according to a report released by Beijing-based marketing consultancy firm Analysys International.
Views: 2975 The Star Online
How mobile payments impact people’s lives in China
Mainland China has become the world’s largest and fastest-growing market for proximity mobile payments. People in China are now comfortable paying with their mobile phones rather than with cash. But some experts warn the public to be concerned about the security of these online payments, especially about how it can be used for personal data collection. In order to ensure currency stabilization, the Central Bank plans to take more action in the e-payment industry that may limit the development of online payments in China. Full story:
Introduction to Mobile Wallet and Mobile Wallet Marketing
This video is an Introduction to mobile wallet and mobile wallet marketing. The segment was taken from the Mobile Wallet Marketing Webinar released in March of 2016 by PassKit, the O2O channel. In this video you will learn more about: - the history and evolution of wallets, - what are the types of mobile wallet currently available, - what trends and opportunities are being uncovered by mobile wallet technology. Overview of Mobile Wallet Marketing - https://passkit.com/cherrypie/ You might also find useful having a look at this article - http://blog.passkit.com/cherrypie-brings-mobile-engagement-automation-to-the-masses/
Views: 8685 PassKit
Mobile payments overtake use of cash in China
Mobile payments overtake use of cash in China Imagine not having to carry cash, or a card to pay for things. That’s the reality in much of China these days – where a majority of electronic payments last year were made using mobile phones and apps. Al Jazeera's Florence Looi reports from Beijing. - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: http://www.aljazeera.com/
Views: 50495 Al Jazeera English
Mobile Payment Changes Way of Life in China
What if you could pay for everything on your smartphone through your social media app? And as you pay, you could submit a review, recommend the service to friends, and earn rewards. What if that same app could be used to book hospital appointments, apply for visas, book flights and work seamlessly when you are traveling abroad? In China, that is not the future, but the here and now, and it is called We ChatPay. Currently most of the restaurants and cafes in urban areas of the country accept WeChat Pay for everything on the menu. All you need to do is to tap on the phone, scan the codes and make the payment in a second or two. Applications like WeChat are also helping transform city services like making appointment at hospitals and sending mails from the post office. Even small vendors in open markets can buy into the technological revolution that is going on in the country. By cooperating with a third-party finance company, vendors in the markets are able to offer the mobile payment through the QR Codes hanging above the scales at their stalls. That means shoppers do not have to carry cash around; they just need to bring the phones around. However, the mobile payment industry is highly competitive in the country. Big fishes like WeChat Pay and Alibaba's Alipay plus many smaller rivals are all competing for market share. And the market for mobile payment has also spawned a whole industry of third-party companies who are bringing more and more services to mobile payment platforms. http://www.cctvplus.com/news/20170108/8040106.shtml#!language=1 Subscribe us on Youtube: https://www.youtube.com/c/CCTVPlus CCTV+ official website: http://www.cctvplus.com/ LinkedIn: https://www.linkedin.com/company/cctv-news-content Facebook: https://www.facebook.com/NewsContent.CCTVPLUS Twitter: https://twitter.com/CCTV_Plus
Views: 41140 CCTV+
Mobile pay: Shanghai vs San Francisco
Who has the best facilities for mobile phone payment — the world's tech hub or China's business capital? The FT's Gabriel Wildau and Leslie Hook grab their phones to see which city comes out on top. ► Subscribe to FT.com here: http://on.ft.com/2eZZoLI ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
Views: 57295 Financial Times
Mobile Payments in MicroMarkets
Mobile payments are BIG in retail and on the rise in MicroMarkets. We can buy things with a simple tap or scan. With a mobile payment app, your customers can effortlessly purchase snacks at work. Learn more about mobile payments in MicroMarkets.
Views: 110 365 Retail Markets
Pay Wars: The Future of Mobile Payments
Although mobile devices have become very popular, the market for innovative mobile payment systems is still at a very early stage. How is the market likely to develop over the next few years? Will traditional banks and credit card companies keep up with the new players in the financial markets? The big digital global players who have seen the potential for lucrative growth in this area? Find out more in this video and read the DB Research report it was based on here: http://bit.ly/1fgwRZ7 More information: http://www.dbresearch.com/
Views: 78650 Deutsche Bank
Future of Mobile Payments
See how Rambus Security is bringing simplicity and trust back to mobile payments. https://www.rambus.com/mobile-payments/
Views: 5565 Rambus Inc.
China's Crazy Cashless Payment Revolution turns World around
China's Crazy Cashless Payment Revolution turns World around . China's Cashless Revolution . In the developing world, a new payment model is emerging. On a recent trip to Shenzhen, in southern China, I came across a subway busker with two tip jars. The first was a cardboard box filled with coins and bills; the second was a small QR code taped to the box that allowed passersby to leave a tip by smartphone. On one level, this was simply smart business: Chinese made around $5.5 trillion in e-payment transactions last year. But it also offered a glimpse of the future. Around the developing world, QR codes are beating out Apple Pay and other brand-name payment services for consumers and businesses keen to go cashless. China offers a useful model for that transformation -- and a standard that others may soon be emulating. The QR code may seem like an unlikely candidate to foster a financial revolution. It was developed in the 1990s by Japan's Denso Corp. after customers grew dissatisfied with the limited amount of information that could be stored using traditional barcodes. In solving that problem, Denso came up with new codes that could be read 10 times more quickly than their predecessors -- QR stands for "quick response." The technology first caught on in Japan's automotive industry, which used it to track inventory. But in the early 2000s, Japanese customers began buying feature phones that could read the codes, and marketers began using them to promote websites and products. By the time Tencent Holdings Ltd. released the social media app WeChat, in 2011, it was clear that QR codes had a lot more potential. WeChat offered users personalized codes that could be used to exchange contact information. When combined with the app's built-in wallet, they could also be used for payments. Sending money through the app has since become a way of life: During this year's Chinese New Year holiday, WeChat users sent 46 billion cash gifts via virtual "red envelopes." That success shows why QR code payments are likely to take off in emerging markets. For one thing, they don't require credit cards, which few people in poorer countries have. Apple Pay and other such services, which use Near Field Communication technology, are uneconomical for many of these consumers. (Apple Pay's market share in China is in the single digits, despite a recent marketing push.) And the small-scale merchants that predominate in the developing world -- restaurants, corner markets, buskers -- have little reason to invest in expensive payment terminals for the equivalent of $0.50 transactions. WeChat Pay, by contrast, allows just about anyone with a bank account and a smartphone to make electronic payments. All a Shanghai noodle shop or a Shenzhen busker needs to accept payments is a free WeChat account and a printout of a QR code. Much of China has become a QR first economy, where codes are now found next to nearly every cash register. WeChat's share of China's mobile payments market has grown from 3.3 percent in 2013 to 40 percent today. Other developing countries are starting to see the potential. Last year, MasterCard Inc. rolled out a QR code system in Africa that has already attracted 100,000 Nigerian traders. In February, the Indian government launched IndiaQR, its latest effort to spur a cashless society. Thailand is similarly enthusiastic. But perhaps the most ambitious step is a new industry standard published last week by EMVCo, a global payments consortium that includes MasterCard, Visa Inc. and the state-backed China UnionPay Co. The effort, spearheaded by UnionPay, would effectively extend China's payment standard globally, helping to ensure that QR-mediated transactions can flow seamlessly between banks and card companies, while also making them more secure. That should make the technology more attractive to consumers, merchants and governments around the world. It could help fill the digital tip jars of subway buskers from Shenzhen to Lagos. And it just might make the cashless society a reality far sooner than anyone had predicted. Thanks for watching. Subscribe to our channel. Thanks for watching. This is WC SciFi WC Daily Network If you have any points comment below. Production: Hades Pictures Music By : Drake Stafford Track : Castle http://freemusicarchive.org/music/Drake Stafford Licensed under Creative Commons: Attribution 4.0 International (CC BY 4.0)(Public Domain) https://creativecommons.org/licenses/by/4.0/
Views: 6311 WC SciFi
Futurist Keynote Speaker Patrick Dixon: Future Marketing, Big Data, Mobile Payments.
NexterDayNorth interview by Patrick Dixon, futurist keynote speaker, on future of marketing, customer insight, Big Data and Little Data, market research and mobile payments. How mobile is changing every aspect of customer relationships and why traditional marketing is dead. Future of innovation in future marketing strategies. Patrick Dixon is a conference keynote speaker on marketing trends.
World's Largest Mobile Pay Network... Is in Kenya
April 24 (Bloomberg) -- How is a third world tech country paving the way when it comes to the future of mobile banking? 90 percent of Kenyans use their phones to access the internet and M-Pesa is bringing mobile banking to the nation. Bloomberg's Jon Erlichman explains. -- Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.
Views: 5706 Bloomberg
Africa’s readiness for implementing mobile payments solutions.
Interview with CC Fong, Global Development Services, PCCW Global. PCCW Global markets and distributes a Mobile Payment Platform service, originally developed and licensed in Hong Kong, to a worldwide market. The service is available on a white label basis to both fixed and mobile operators. In turn, the operators are able to market PCCW Global’s solution to their customer-base as a value-added service.
Views: 134 PCCW Global
DZ BANK Enables Mobile Payments Market in Germany
DZ BANK is the central body of the German cooperative banking group. It acts as the provider of any kind of retail products and know-how on every aspect of national and international business for 1000 regional cooperative banks in Germany, which together hold 25% of the market share of the German banking sector. To ensure stable and profitable transaction services growth and increase customer loyalty, DZ BANK developed a strategy to enable the cooperative banks to enter the mobile payments market in Germany.
Views: 334 SAPEnterpriseMobile
Tom Ding discusses trends in global mobile payment market
CGTN's Rachelle Akuffo spoke to Tom Ding, co-founder and CEO of String Labs, on the trends in global mobile payment market. Watch CGTN LIVE on your computer, tablet or mobile http://america.cgtn.com/livenews Subscribe to CGTN America on YouTube Follow CGTN America: Twitter: @cgtnamerica Facebook: @cgtnamerica Google+: CctvamericaTvnews »» Watch CGTN «« Washington, DC (and greater area) • MHz - Channel 3 • COMCAST (Xfinity) - Channel 273 • FIOS - Channel 277 New York City • Time Warner - Channel 134 • FiOS (Verizon) - Channel 277 Los Angeles • Charter Cable - Channel 562 • Time Warner - Channel 155 Satellite Nationwide • DISH TV - Channel 279
Views: 464 CGTN America
Middle Eastern Banks Bring Mobile Payments to Market in 6 Weeks
Following a panel featuring Al Jazira Bank and Bank Al Rajhi, Paul Thomalla discusses how the Middle East is an incubator for innovation in payments. http://www.aciworldwide.com/what-we-know/expert-view/2013/9/20/sibos-wrap-up-paul-thomalla.aspx ------------------------------ Sandra: I'm here with Paul Thomalla, managing director of EMEA ACI and Paul, you, today, participated in a panel regarding the innovation of Middle Eastern banks. Can you comment on what other banks have to learn from the Middle Eastern area? Paul: I think, what I've really got from the guys was the ability to really walk in the customer's shoes and really think through what their customers really needed. Then, moreover, through working through a shared services approach across both sides of the bank and really take that forward and (inaudible), and make it live, really, really quickly. One of the examples was around going mobile, within six weeks and I think it's just the passion of being able to build both sides of the bank together and really making things happen quickly. I was really impressed. SUBSCRIBE HERE TO SEE MORE GREAT VIDEOS ► http://www.youtube.com/subscription_center?add_user=ACIWorldwide SUBSCRIBE TO PODCAST CHANNEL ► https://itunes.apple.com/gw/podcast/aci-worldwide-podcast-series/id820468115?mt=2 CONNECT WITH ACI WORLDWIDE Facebook ► https://www.facebook.com/aciworldwide Twitter ► https://twitter.com/aci_worldwide LinkedIn ► https://www.linkedin.com/company/aci-worldwide Google+ ► https://plus.google.com/+Aciworldwideinc/
Views: 145 ACI Worldwide
Bank of America Enters Mobile Payment Market
http://www.lowcards.com/bank-america-enters-mobile-payment-market-6690 John Oldshue discusses Bank of America entering mobile payment market.
Views: 499 LowCards.com
Apple positions itself to dominate mobile payments market
Shopper's Market: Tech giant looks to create person-to-person service Watch video covering topics about Edge, Financial Services, Lifestyle Budget, Mobile, and Shoppers Market.
Views: 210 Fox Business
US Mobile Payments Market Predictions
Digital Marketing News http://webcertain.tv
Views: 25 Webcertain TV
Digital Marketing with the Mobile Wallet
In this video: http://youtu.be/W2mPSQLjsk0 Paul Tomes, Co-Founder and CEO of PassKit, shares the secrets to building Mobile Wallet Technology and Capabilities, so you can fully utilise this new, fast growing, highly effective marketing channel. Webinar link: https://passkit.com/secrets-to-mobile-wallet-webinar-signup/ Beginning of Transcript (not able to fit full transcript in this info box): Hi Paul Tomes here - the Co-Founder and CEO of PassKit and a very warm welcome back. Thanks for watching my last video and thank you so much for your feedback and questions. I am so pleased you found value. Actually, I’ve been inundated with feedback and questions. The number one question I received is “what have you done Paul to take advantage of the mobile wallet opportunity and how can I do the same”. And so that’s what I want to respond to today. So sit down, put your headphones on or turn up the speakers and enjoy the video. Now - before I jump into the how let’s just remind ourselves why. 1. Mobile Wallet is delivering value for marketers TODAY. 2. In the next few years, mobile wallet will become the preferred marketing channel of choice to engage consumers through their smartphone device. 3. Marketing leaders need to look at the mobile wallet potential beyond payments and develop contextual offerings. In the last video I mentioned how Apple and AliPay, among others, are best placed to play key roles.  Their mobile wallet platforms offers a huge global reach in comparison with even big banks like CitiBank, Wells Fargo or HSBC, which have millions of consumers all around the world.  Apple’s Passbook is a standard app now in more than 700 million devices worldwide. And it’s an app that cannot be deleted. Apple has become a mobile wallet enabler. It benefits from the support and marketing of financial institutions and is perceived as less of a disintermediation threat than PayPal. Amazon is not yet in a position to disrupt the mobile wallet ecosystem and while Google Wallet offers interesting nonpayment features for marketers it still lacks merchants’ support, consumers’ trust and remains restricted to the US market. No matter who wins the mobile wallet war, marketers should take advantage of this emerging opportunity to create a brand presence on their customers’ mobile devices. Many players are already developing integrated mobile wallet apps, sitting at the crossroads of online and offline marketing and adding value beyond payments. Marketing leaders must develop the branded content they want their customers to save and manage in these mobile wallet applications. Marketing leaders will benefit from mobile wallets if they tie together loyalty programs, coupons, product discovery, gift cards, and promotions to create powerful and new brand experiences in the mobile moments of their customers.  By now, you should know why this is important for you, and why you need to take action immediately. If you think you can afford to wait, then go back and watch my first video or start trawling through the wealth of publicly available information about the mobile wallet as the new marketing channel. Forrester, Quora, Forbes, Linkedin are all good places to start. The critical first step is you need to believe and you need to vision the future where consumers the world over rely on mobile wallet in the same way they rely on email and internet browsers today. The next step is to take action. Having the vision is obviously not going to allow you to capitalise on this white hot opportunity. And to help you I am going to share what we did to turn this vision into a reality. Our action started in 2012. In fact our action started quite a few years before this; when we first built a scalable cloud infrastructure using Amazon Web Services, enhanced lean process engineering capabilities and culture, developed rest based web services, and enhancing and deploying efficient methods to uncover customers needs and create consumer and business value. But the day the assets we built came together - and everything we had invested in, came together to enable mobile wallet engagement was on the day that Apple released Passbook to the developer community. That day was June 12, 2012. I remember it well. Since that day, let me share what we’ve done and what we’ve learnt so you can benefit. ....... Please sign up for the webinar below and I look forward to speaking with you again soon. https://passkit.com/secrets-to-mobile-wallet-webinar-signup/
Views: 3618 PassKit
Key Mobile Payment Market Trends
Eden Zoller, Principal Analyst, Ovum Research, touches on key trends in the mobile payments space
Views: 206 TerraPay
Is there REALLY a market for mobile payments in the US?
Mobile Payments Series Event #2 Highlights: Oct. 5, 2009 by mPay Connect co-hosted by HBS Tech Club & Google
Views: 448 meneksegencer
Proxama CEO: Apple Pay a ‘catalyst’ for mobile payment market
The chief executive of Proxama (LON:PROX), Neil Garner, says the launch of Apple Pay will prove to be a catalyst for the mobile payment industry. Apple’s system allows contactless payments via one of its devices. Initially, this will be for sums up to £20. Major UK banks have announced they will offer the new system. So, too, will many retailers. Proxama, a world leader in the technology, has developed a digital enablement platform (DEP) that can provide an end to end solution for card firms looking to go mobile.
Mobile Payments
With the smartphone payments market set to explode, Samsung became the latest company to move into the payments market, launching Samsung Pay at the Mobile World Congress 2015. We look at the future for this expanding market.
Views: 18498 GroupM Insight on...
Mobile payments marketing video
Animation by bongotoonz Animation Studio www.bongotoonz.com
Views: 116 bongotoonz
New Competition Coming to American Mobile Payment Market
China-based mobile payment system Alipay has teamed up with credit card processor First Data Corporation to make Alipay available at some four million businesses in the United States and put it in competition with similar services like Apple Pay, PayPal and Android Pay
Mobile Payments: Charging Your Phone
Capgemini highlights the potential of the mobile payment market for banks and communications operators, outlining the key issues players must address based on our experience with Rabobank. Research estimates that the mobile payments market for mobile operators will reach €913million in 2008 and over €8.7 billion in 2012 in Europe alone. Banks and telecom operators must position themselves now to reap the benefits of this growing trend. For more information visit www.capgemini.com/tme
Views: 2654 Capgemini Group
Global Mobile Payments Market 2016 - 2020
Global Mobile Payments market is expected to grow at a CAGR of 36.26% representing in huge opportunities in this sector, finds a new research report launched by NOVONOUS.This growth is driven by increasing penetration ofMobile Payments in various sectors, increase in analytics services and availability of affordable Mobile Payments solution and services to end users. Visit at: http://mrr.cm/JSy
NFC Retail Marketing & Mobile Payments Video Whitepaper
Howard Wilcox, Senior Analyst discusses the NFC Retail Marketing & Mobile Payments market with Tony Crabtree, Managing Director at Juniper Research
Views: 3088 juniperresearch
Mobile Payments Market Size and Share
The Global Mobile Payments Market is expected to attain a market size of $3.6billion by 2022, growing at a CAGR of 32.3% during the forecast period. Full report: https://kbvresearch.com/global-mobile-payments-market/
Views: 11 KBV Research
WeChat to enter mobile payment market
Brett Loubser, CEO WeChat Africa joins CNBC Africa to give insight on the wide world of mobile payments sector.
Views: 788 CNBCAfrica
Future Telecom Crisis: business model broken, multichannel marketing, mobile payments - Keynote
Future of telecom companies and smartphones, mobile devices and why the telecom business model is broken. Patrick Dixon conference keynote speaker on telco issues and customer experience. Where will future telecom revenues come from and risks to future strategy. Future customers will be even more impatient about waiting for -- web pages to load, calls to be answered, software to update, mobile devices to reset. Future of customer services and customer relationship management. Technology convergence or divergence and why all innovation is divergent. Ethical issues when companies sell hardware or software that they know contains significant bugs eg failure to reliably synchronise PC and phone data. Why risky to believe results of market research as guide to future trends -- because customers change rapidly. Converging on features, quality and price results in spiral to bottom on profits and return on equity. Cloud-based computing and impact of cloud software on enterprise system design. New revenue models for telecom companies -- enterprise solutions, cloud-based data management, mobile payments and financial services. 90% of all Microsoft R&D is cloud-related in some way. Radical opportunities to provide free mobile devices, handsets, ipads etc, bandwidth, calls, SMS and online content, free storage of photos and movies in the cloud, in return for agreement to use mobile device almost exclusively for card transactions. Paid for by commissions on mobile transactions charged to retailers, and also by charges for credit, loans, insurance and related financial products. Biometric mobile payments -- using screen detection of fingerprints. Most debates about future are about timing of predictable events -- eg date by which costs of mobile devices falls so low that they can be provided for free by a financial institution. Impact of regulation and compliance. Why bandwidth use will be dominated by video -- which already consumes more than 70% of all bandwidth in some European nations. Impact of YouTube and BBC iplayer in the UK. Why telcos are being overtaken by video streaming as primary use of mobile and landline data. Dwarfing all voice calls, SMS, emails etc. Geopositioning and multichannel marketing, impact of Big Data on smart direct marketing campaigns. RFID tags in the internet of things. Concerns about privacy from data harvesting of consumer information to produce accurate insights about future purchasing decisions. Impact on mass market, fast moving consumer goods (FMCG). Future of Google and other search engines and impact of social networks such as Facebook and Twitter on future search listings, and what appears on Google Pay per Click adverts. How social network recommendations are winning trust over corporate websites, and why sites like TripAdvisor are dominating consumer decisions. Winning trust, or restoring trust, is the most important challenge facing many corporations. The only product or service a bank sells is trust and without trust you have no bank. Without trust, it may be that you have no government either. Why opinions of complete strangers are more influential over most consumers in some industries than official marketing information. Why traditional marketing is dead in the third millennial, multi-dimensional online world. Video recorded in 2013 for global leaders of enterprise technology and innovation for one of the world's largest telecom companies.
News Live: Google launches mobile payment app 'Tez' for Indian market
News Live : This segment offers top new stories. Update about relief in replying to Income Tax notice, upcoming meeting on economy by PM Modi and other news are offered in the segment. About Zee Business -------------------------- Zee Business is one of the leading and fastest growing Hindi business news channels in India. Live coverage of Indian markets - Sensex & Nifty -------------------------------------------------------------- You can also visit us at: https://goo.gl/sXWpTF Like us on Facebook: https://goo.gl/OMJgrn Follow us on Twitter: https://goo.gl/OjOzpB Subscribe to our other network channels: Zee News: https://goo.gl/XBvkjZ
Views: 11288 ZeeBusiness
google and amazon battle for mobile payments market
Google announces Google Wallet payment system and Amazon hires another 10,000 staff.
Views: 97 whichlaptop1
The Mobile Payment Space - AUKA
Daniel R. Döderlein from AUKA speaks about the mobile payment space, The Payments Services Directive 2 and the impact Alipay will have on the market. About AUKA: Nordic mobile payments pioneer bringing their success abroad. Nordic mobile payments provider, Auka, has been on the forefront of the extremely rapid growing mobile payments maket in the Nordics where around 50% use mobile payments on a daily basis. Auka has introduced innovative and problem-solving technology into this market and their success led them into a partnership with 17 banks so far. They have white labeled their technology and are on the brink of launching their first partnerships with international banks. In this interview from Cards and Payments 2016 CEO and founder Daniel Döderlein introduces Auka and describes possibilities and the pitfalls in the fintech industry today.
Views: 307 Seamless Terrapinn
Mobile Payment Revolution: China vs US
“The payment market, especially mobile payment, is one of the segments in which China is actually moving much, much faster than the US market. Americans would be surprised at how deep the penetration is for WeChat pay and Alipay in China’s mobile payment business. In the US it’s very hard for you to imagine that you can use your mobile to pay for almost anything in life – taxis, shopping, movie tickets, restaurants, the list is endless. In the US, people still carry dozens of cards in their wallet or purse and they swipe these cards almost everywhere. This is why companies like Square, for example, can do very well in the US because it helps consumers do business with small and medium sized merchants who couldn’t otherwise afford payment terminals. Remember also that in the US the concentration ratio of the retailers is way higher than in the Chinese market. So this is why, for example, if you look at Apple Pay and even Google’s Android Pay, while they were very advanced technologies there’s huge opposition from the large merchants. Companies like Walmart, Target and Starbucks would rather have their own payment systems. Apple Pay is definitely not a first mover in China; it’s a sort of a late mover in the market. They have to work very hard to increase their penetration ratio of the payment terminals here. But almost all the grocery stores in China, especially in the big cities, are already occupied by the free bar scanners offered by Tencent and Ali. So there’s a long way to go.” ~ Yu Zhang, CEIBS Prof. of Management
Revenue Analysis Mobile Wallet and Payment Market 2025 |The Insight Partners
The mobile wallet and payment technology is used for making payments or performing transactions without the involvement of cash. These are the application in the devices that stores either digital cash or the credit card or debit card information of the user. Browse market data tables and in-depth TOC of the Mobile Wallet and Payment Market to 2025 @ http://www.theinsightpartners.com/reports/mobile-wallet-and-payment-market The report aims to provide an overview of global mobile wallet and payment technology market with detailed market segmentation by application, payment mode and service providers. The global mobile wallet and payment technology market is anticipated to witness decent growth during the forecast period owing to the increasing adoption of smartphones and wearable devices for making mobile payments. Request Sample Copy @ http://www.theinsightpartners.com/sample/TIPTE100000231 The objectives of Mobile Wallet and Payment Market Report is as follows: • To provide overview of the global mobile wallet and payment technology market • To analyze and forecast the global mobile wallet and payment technology market on the basis of application, payment mode, and service providers • To provide market size and forecast till 2025 for overall mobile wallet and payment technology market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries • To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend • To provide exhaustive PEST analysis for all five regions • To profiles key mobile wallet and payment technology players influencing the market along with their SWOT analysis and market strategies Inquire about discount on this report @ http://www.theinsightpartners.com/discount/TIPTE100000231 Some of the leading players in mobile wallet and payment technology market are American Express, Apple Inc., AT&T Inc., Google Wallet, First Data Corp., Paypal Holdings Inc., Mastercard, Paytm Mobile Solutions Private Limited, Verizon Communications Inc. and Visa Inc. About The Insight Partners: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries. Contact Us: Call: +1-646-491-9876 Email: [email protected]
Views: 9 NXT GeN TechKnow
Indian Mobile Payments Market Hots Up
Digital Marketing News; http://webcertain.tv Two of India’s major ecommerce companies made announcements this week that could have a huge impact on the industry in the country. Firstly, online retailer Flipkart is to release a payment app in a partnership with Yes Bank called PhonePe, whilst existing payment service Paytm is looking for investment from Mediatek. Flipkart’s new partnership will enable users to connect their ecommerce accounts to their bank details, allowing for a seamless and secure shopping experience. Meanwhile, the Paytm investment is said to be particularly striking due to Mediatek having the leading 35% chipset market share in India, and as a result of the deal Paytm would be thereafter embedded in all Mediatek chipset phones. Following the deals, both companies will become each other’s direct competitor in India’s ecommerce market, after Paytm took 20 billion rupees in gross merchandise value in July, putting it level with Flipkart. All this in a country where online payment solutions are the fastest growing form of ecommerce payment, meaning that the impact on India’s ecommerce market could be huge. Influencer marketing is seeing substantial growth and success in Vietnam. Data collected in July by DI Marketing shows that 60% of internet users in the country have interacted with an influencer positively, with 45% leaving a comment on something an influencer has shared. It was also revealed in the study that just under 85% of respondents followed an influencer on Facebook, with 61% doing the same on YouTube. Age proved to be important, with 96% of under 18s using Facebook to follow an influencer, compared to just 80% of those over 18 doing the same. Google has released a new app called Crowdsource allowing users to contribute to the quality of Google services such as maps or translation. However, unlike Amazon’s similar Mechanical Turk app, users will not get any form of reward or payment for completing tasks. The app will ask users to enter the languages they are fluent in, before allowing them to take part in the translation sections, ensuring that all tasks are completed by high-quality human translation. Described as a ‘project pilot’, Google launched the app with no announcement and said that it was “thinking through incentives” at the moment, but insisted that users would contribute knowing they had “made the internet a better place”. A new report has revealed that apparel retailers only made up 17% of all online sales globally last year, leading experts to say that the market is wide open for large or small companies to succeed. Whilst Amazon and Alibaba made up the majority of the 16.3 billion US dollar market last year, the size of those companies mean that the personal touch is missing; something that clothes buyers feel is important. Zalando is the fourth largest online clothes retailer in the world, and says that its success is allowing customers to “use their homes as a fitting room”. The company sees 50% of its purchases returned under its unusually flexible policy, but according to experts, allowing customers to use online stores as they would a high-street shop is what can bring real success in this sector. Iran has announced that it has completed the first phase of a plan to launch its own “national internet”. The country’s Communications and IT minister said at a launch ceremony that the idea was intended to provide "high quality, high speed" connections at "low costs", but it has been suggested that it would further restrict citizens’ freedom on the web. The government announced the idea back in 2010, saying the purpose would be to create a domestic intranet that would promote Islamic content and expand digital awareness in Iran. Expected to be completed by March 2017, it is insisted that users' privacy will be respected, but the idea has attracted criticism from a British human rights group who called the potential isolation of Iranians “especially concerning”.
Views: 39 Webcertain TV
Smartphones threat to banks and banking industry: mobile payments. Futurist Phones keynote speaker
http://www.globalchange.com Mobile phone companies could threaten banks, banking industry and financial services with mobile payment systems. Smartphones end to credit cards, cash cards and other traditional banking methods. Micropayments already used for foreign exchange transactions. Banking will grow using PDAs and other mobile devices. How banking industry will look for new partnerships with mobile phone operators and device manufacturers. Future of financial services mobile device marketing of loans, insurance and mortgages. How telecom companies will be able to offer free handsets and unlimited calls / sms / data use if users stop using credit cards or cash cards for most payments. mcommerce, ecommerce, mobile marketing. Comment by Futurist phones keynote conference speaker Patrick Dixon.
China Mobile Payment Market Size, Share, Trend, Growth, Technology,Forecast 2014-2018
China Mobile Payment Market Size, Share, Trend, Growth, Technology, Analysis, Research, Report, Forecast 2014-2018 by Research Beam Get access to detailed report at: http://www.researchbeam.com/mobile-payment-in-china-2014-2018-market Mobile payment is a form of payment where end-users initiate a transaction using their mobile device for goods and services through communication networks or technologies. Mobile payment allows consumers to use a mobile device to pay instead of using cash, check, and credit/debit cards. It is also referred to as mobile money, mobile money transfer, and mobile wallet. As per the Report, Mobile Payment market in China to grow at a CAGR of 108.36 percent and 113.41 percent in terms of volume and value, respectively, during the period 2013-2018. Covered in this Report This report covers the present scenario and the growth prospects of the Mobile Payment market in China for the period 2014-2018. In terms of application, the Mobile Payment market in China can be segmented into the following: Mobile at the point of sale (POS), Mobile as the POS, Mobile Payment Platform, Direct Carrier Billing, and Closed Loop Mobile Payments. The Mobile Payment Market in China 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the Mobile Payment market in China and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Views: 122 Aiden Miller
Apply Pay and Future of Mobile Payment Market
Apple Pay is a major milestone in the evolution of mobile payments, partly as it bears what Forbes lists as the world's most valuable brand. Read more on http://bit.ly/1FFVRop
Views: 4 Riya Sen
China's Great Leap to Wallet-Free Living | Moving Upstream
No cash? No problem. A trip to Shenzhen, China highlights how the explosive growth of mobile payments is driving a wallet-free society. WSJ's Jason Bellini reports. Don’t miss a WSJ video, subscribe here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Visit the WSJ Video Center: https://wsj.com/video On Facebook: https://www.facebook.com/pg/wsj/videos/ On Twitter: https://twitter.com/WSJ On Snapchat: https://on.wsj.com/2ratjSM
Views: 434618 Wall Street Journal
Global Mobile Payment Market 2015 – 2019
Global Mobile Payment Market 2015-2019 is the latest addition to Sandlerresearch.org industry research reports collection. The analysts forecast global mobile payment market to grow at a CAGR of 36.26%, in terms of transaction volume, over the period 2014-2019. In terms of number of end-users, the market is expected to grow at a CAGR of 18.10% during the forecast period. Single User License: US $2500; Buy the Report @ http://www.sandlerresearch.org/purchase?rname=43560 Alternatively can get Discount on the Report @ http://www.sandlerresearch.org/discount?rname=43560
Views: 13 Sandler Research
Square aims to break into cash-heavy Japanese market with mobile payments
Square aims to break into cash-heavy Japanese market with mobile payments
Views: 34 NapeanLLC
Mobile payments in Asia: challenges and opportunities 2016
The mobile payments landscape continues to evolve. IDC FInancial Insight analyst, Michael Yeo, believes eachl market will be dominated by the local players rather than foreign brands, who will nonetheless enter some of these markets either direct or through partnerships.
Views: 70 Jose Allan Tan
Digital disruption reshape Africa's payment industry
Mobile money will represent a $405 billion opportunity by 2025 according to global forecast. Technology is among other things bringing disruption in the payments industry, to the extent of facilitating diaspora remittances into Kenya and other markets in Sub-Saharan Africa.
Views: 497 CNBCAfrica
Got mobile? How leading banks win the market with mobile payments from AUKA and Google
Daniel Döderlein, CEO, Auka & Otso Juntunen, Head of Google Cloud Platform, Google speak at Cards & Payments Middle East 2016 in Dubai. Find out more about this year's show at www.seamless-expo.com/ME
Views: 273 Seamless Terrapinn
Mobile Payments Market: Do you want to be top of wallet?  Carlisle & Gallagher Consulting Group
Peter Olynick, CG's Payments Practice Lead, shares our research and insights regarding mobile wallets. Visit our website for more information and updated research: http://bit.ly/10n1tli This webcast recording was sponsored by Carlisle & Gallagher Consulting Group with CEB Tower Group.
Views: 210 InspiredbyCG