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    WAP

    News about WAP.

    Mobile payments market worth $3,338bn by 2022

    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.”

    Gartner predicts 448m mobile payments users in 2016

    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. More

    Patent application hints at Nokia’s business model for NFC

    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. More