The Mobile Commerce News Weekly is an online newsletter made up of the most interesting news, articles and links related to mobile payments, mobile money, e-wallets, mobile banking and mobile security that I run across each week. I am specifically targeting market size and market trend information.
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Juniper Research estimates that 2 billion mobile tickets were sold in 2010, and by 2014 over 15 billion tickets will be purchased using a mobile device. Read Original Content
According to comScore, 32.5 million Americans used their mobile device to access banking information during the quarter ending June 2011, representing13.9 percent of all mobile users in the U.S. Read Original Content
During the past year, the percentage of consumers who use their mobile phone to make online purchases has doubled from 9 percent in 2010 to 18 percent in 2011, according to a new survey by Oracle Communications. Read Original Content
Pyxis Mobile provides an agile, powerful, and secure mobile enterprise application platform. It enables rapid cross-platform application development, unlimited data integration, enterprise-grade security, and the unique ability to change and update applications in real time. This newsletter is sponsored in part by Pyxis Mobile, http://pyxismobile.com/
Financial services provider Visa Europe has invested £24.7 million in mobile payments platform Monitise, giving Monitise a greater European presence in the mobile payment market. Read Original Content
Because the rise of mobile payments is expected to top 375 million in 2015 it is expected that this will lead to a demand for 1.2 billion NFC chips. Read Original Content
Nokia has announced that it will work with the New York Metropolitan Transit Authority to pilot NFC-enabled mobile ticketing. Read Original Content
Mobile payment unit manufacturer Square is on track to process $2 billion in transactions in 2011, about 10 percent of all Visa and MasterCard transactions. The mobile payment market itself is projected to reach $670 billion by 2015. Read Original Content
The high tech city-state of Singapore is making NFC based mobile payments a reality, after the government pledged that 20,000 retailers and taxis across the island would accept mobile payments by mid 2012. Read Original Content
Visa Europe and Samsung are teaming up to launch a phone that uses NFC which athletes and visitors will be able to use at the 2012 Olympic games in London to make mobile payments. Read Original Content
The New Jersey Transit has made a partnership with Google to enable NFC based mobile payments for train and bus tickets. Read Original Content
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Kevin Benedict, Independent Mobile Industry Analyst, Consultant and SAP Mentor Volunteer
Follow me on Twitter @krbenedict
Join the SAP Enterprise Mobility and Sybase Unwired Platform Groups
Full Disclosure: I am an independent mobility analyst, consultant and blogger. I work with and have worked with many of the companies mentioned in my articles.
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