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Interest in mobile payments grows

July 29th, 2014

Some 53% of consumers globally report they have either used or are interested in redeeming offers and coupons with their phones, while 44% have used or are interested using their mobile device to pay for things in stores and restaurants, according to new research from Ovum. “Combined rewards and offers in conjunction with mobile payments are set to be a common feature in the near term as a means to reach consumers and drive spending in new ways,” the analysts conclude.

Four in ten mobile wallet users choose mobile as primary mode of payment

July 21st, 2014

While convincing consumers to make use of a mobile wallet remains an issue for many providers, shoppers that do convert to mobile payments make extensive use of the technology, Nielsen’s Q2 2014 Mobile Wallet Report… More

DMA warns on push messaging

July 15th, 2014

One in three UK smartphone or tablet owners have never enabled push notifications on their connected devices and 78% of those who have enabled it would immediately delete the app or disable the notification if they were unhappy with the push notifications they receive, a DMA UK survey has found. Sales promotions (34%), new product launches (26%) and location-based offers (24%) top the list of push notifications consumers are most willing to receive.

1.75bn to use mobile banking

July 11th, 2014

More than 1.75 billion mobile phone users will have used their device for banking purposes by the end of 2019, up from 800 million people this year, according to a new Juniper Research forecast. “Banks now regard the mobile channel as an indispensable revenue stream,” says report author Nitin Bhas. “However, with the mobile channel becoming a key customer retention strategy, it presents a great challenge to traditional institutions.”

60m BLE beacons to ship by 2019

July 10th, 2014

Sixty million Bluetooth Low Energy (BLE) beacons worth US$500m will be shipped in 2019, ABI Research forecasts. Most will be used in the commercial and enterprise, connected home and personal asset tracking sectors — rather than retail — the “BLE Tags and the Location of Things” study anticipates.

Two thirds of UK smartphone owners open to the idea of mobile wallets

July 10th, 2014

Two thirds of UK smartphone owners are open to the idea of using a mobile wallet, according to a survey conducted by Marketing Sciences — but most consumers want to use a mobile wallet to… More

British Banking Association reports on UK’s banking ‘revolution’

July 9th, 2014

Mobile and internet banking in the UK is now being used for transactions worth nearly £1bn a day and totalling £6.4bn a week, up from £5.8bn last year, according to an industry-wide report on how… More

Hungarian Mobile Wallet Association reports NFC pilot results

July 7th, 2014

Participants in The Hungarian Mobile Wallet Association’s MobilTarca NFC pilot made 41,000 payments valued at more than 120 million HUF (US$525,000) during the first 12 months of the trial, the association has revealed. Users also… More

One third of US mobile banking users log in at least once a day

July 4th, 2014

Some 31% of Americans who use a mobile banking app access the service at least once a day and more than four in five use it once a week or more, according to new research from Bank of America. Six in 10 respondents are not yet comfortable with the idea of using their smartphone as a wallet in the future, however, the survey found.  More

One in three German consumers ready for mobile payments

July 3rd, 2014

Paying with a smartphone would win over 31% of all those asked if they then only needed to have their smartphone with them and could do without a purse or wallet, a new survey conducted… More

iWatch to sell at US$300?

June 10th, 2014

Apple will sell 21million units of its much anticipated iWatch in fiscal year 2015, at a cost of US$300 per unit, according to a research note by UBS analyst Steven Milunovich, AppleInsider reports. Sales will then ramp up to 36m the following year, he predicts.

Aite reports on US migration to EMV

June 10th, 2014

Some 70% of US credit cards and 41% of debit cards will be EMV enabled by the end of 2015, according to a new Aite Group report, but the majority will be contact cards rather… More

Juniper predicts 1.5bn mobile wallets in 2018

May 20th, 2014

There will be more than 1.5billion mobile wallets in use around the world by 2018, according to a new forecast from Juniper Research, representing one in five handsets and up from one in 10 at the… More

mPOS use to soar

May 16th, 2014

The number of installed mobile point-of-sale devices is set to grow fivefold to reach 51m by 2019, or 46% of the overall POS market, ABI Research says. Small, medium and large retailers are all looking to incorporate the technology. “Both traditional POS and mPOS can grow together in tandem,” says analyst Phil Sealy, “co-existing and expanding the presence of digital payment acceptance.”

Apple iWatch to ship with NFC this year?

April 11th, 2014

Apple will enter the wearable devices market “this fall” with an iWatch that includes a secure element, NFC communications capabilities and support for biometrics, according to a new research note by Taiwan-based KGI Securities analyst… More

1.6bn NFC handsets by 2018

January 21st, 2014

The global market for NFC handsets is projected to reach 1.6bn units by 2018, according to a new research report from Global Industry Analysts, “driven by growing penetration of mobile phones, continued rise in demand and production of smartphones, rising penetration of NFC in consumer devices, and chip level technology developments.”

ABI: Smartphones accounted for 80% of NFC devices shipped in 2013

January 8th, 2014

Smartphones accounted for four out of five NFC devices shipped in 2013 but that market share will drop to under 60% in 2017 as NFC becomes widely adopted in computing products, peripherals, speakers, digital cameras,… More

Italians give NFC payments an 8 out of 10

October 21st, 2013

Consumer research undertaken by payments processor SIA has found that 94% of the Italians who have had the opportunity to try out NFC payments appreciated the technology, giving the experience an average rating of 8… More

CPI to lead £10m printable NFC components project

September 24th, 2013

The Centre for Process Innovation, a consortium of major suppliers in the print, electronics and design industries, is to lead a £10m (US$16m) project to create a UK supply chain that will enable the widespread… More

French firms to develop mobile services for the elderly and disabled

September 11th, 2013

A consortium of 11 French organisations, including NFC specialist Think&Go NFC, are to develop a range of digital services designed to help the elderly and partially sighted remain autonomous in their daily lives. The é-change… More

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