The Mobile Money Landscape Update

Since the last edition of MEF's Mobile Money ebulletin there have been many new milestones in the ever evolving space. Microsoft announced plans to introduce direct operator billing to all Windows 10 devices, claiming that the move will result in an 8X increase in purchases, while elsewhere Apple Pay continues its roll-out to more countries and Google announced the launch of Android Pay succeeding Google Wallet. The big difference between the two services is that AT&T, Verizon, and T-Mobile will pre-install Android Pay on phones when the service is ready later this year. Check out the … [Read more...]

Waving but not paying – has Apple Pay put Weve on the ropes?

This week, mobile operator JV, Weve, announced that it was scaling back its plans to launch and support its mobile wallet just as Apple prepares to move in to the NFC enabled, wave and pay market with its iPhone 6 and Apple Pay.  With iPhones accounting for roughly one third of the UK smartphone users the move drastically reduces Weve's addressable market which the Centre for Economics and Business Research forecasts will be worth £14.2bn in 2018. Perhaps operators will focus their efforts on Android smartphones, yet Google launched its own NFC mobile wallet service in the US in 2011 in the … [Read more...]

Digital Wallets – Transforming the retail experience

Srinivas Nidugondi, Senior Vice President at Mahindra Comviva heads the mobile financial Solutions business unit. Here he discusses how mobile wallets present a huge opportunity for creative merchants to add value to digital transactions, while sharing his key tips for success and the pitfalls to avoid. The way we use money has undergone a sea-change. After several false starts, financial services and mobile connectivity have forged a mutually beneficial relationship. According to industry estimates, the volume of global mobile transactions is expected to witness 35 per cent annual growth … [Read more...]

MEF Partners with CTIA to take centre stage at CTIA Enterprise & Applications 2011

In North America next week from 10-13th, MEF will be in attendance at CTIA Enterprise & Applications in San Diego, and is thrilled to be CTIA’s partner for the mCommerce Pavilion & Showcase, a unique area of the CTIA floor space focusing on the boundless capabilities of mobile commerce and showcasing companies providing the platforms and applications key to mobile commerce. Programmed by MEF and with significant benefits for MEF members, this is a must attend part of the show for mobile network operators, retailers, financial institutions, media and entertainment companies interested … [Read more...]