After years of hype and uncertainty, NFC is finally here. Countries in which plastic card use is the norm have witnessed a recent explosion in the mobile payments ecosystem. The emergence of Apple Pay, Samsung Pay and HCE all indicate that, this time, it’s here to stay. The real credit for revolutionizing the mobile payments…
Banks have been quick adopters of new technologies in developing services for consumers. Throughout this evolution, small and medium size enterprises (SMEs) have been fairly well served, since their needs are broadly similar to those of consumers. However, big corporations have often been overlooked. Corporate clients are slower to demand new technologies, because of legacy…
Near Field Communication (NFC) technology has been around for quite some time now. Yet after numerous great promises, NFC payments haven’t really managed to take off in most parts of the world. At the end of last year, Google announced it would make Host Card Emulation (HCE) technology available in its Android operating system. Given…
This paper analyses the intersection of prepaid commerce and the mobile wallet, in order to present strategic options for banks seeking to respond to what Mobey Forum contends is an emerging threat to their positions in the mobile wallet ecosystem. It provides an overview of the various market developments and growth sectors in prepaid services,…
Mobey Forum’s paper “Mobile Financial Terms” has been produced by Mobey Forum’s members. In a bid to elevate the accuracy and quality of the descriptions offered in the paper, Mobey Forum has engaged with a variety of independent associations in order to obtain their review and input on terms relating to their specialist fields
Mobey Forum’s members have pushed the topics of MPOS for this whitepaper beyond the traditional ‘dongle plus smartphone’ innovation to look at surrounding issues of interchange models, payment service provider models, networked commerce and the merchant / customer relationship. Following Mobey Forum’s tradition, we have woven these complex topics together and offer a framework at…