News about WAP.
January 17th, 2017
The global mobile payments market will reach US$3,388bn by 2022, growing at a compound annual growth rate (CAGR) of 33.4%, Allied Market Research predicts. “NFC has high growth potential and is anticipated to exhibit CAGR of around 36% during the forecast period,” the firm says. “By mode of transaction, in 2015, SMS accounted for about 54% of the overall payments market share, followed by wireless application protocol (WAP). Asia-Pacific is expected to witness the highest growth rate.”
May 30th, 2012
Global mobile payment transaction values are set to grow by 42% a year, say the analysts, but the market will be fragmented over the next two years and NFC payments won’t hit the mass market until 2015.
December 3rd, 2010
A patent application authored by two senior Nokia executives shows how the handset manufacturer could generate revenues from the NFC phones it plans to introduce next year — without needing to get involved in mainstream mobile payments and without mobile network operators needing to invest in NFC SIMs or back office systems.