IAB reveals consumers’ spend on mobile increases

Near Field Communication (NFC) was seen as a positive move for mobile with 74% of consumers stating they felt the service would be a good idea. The products that M-Commerce consumers said they would be most happy to purchase via NFC were travel (57%), entrance fees (51%) and drinks/snacks (49%).

GSMA Names BARCELONA First Mobile World Capital!

After an 18-month search, the GSMA today announced that Barcelona has been selected as the Mobile World Capital from 2012 to 2018.

Worldwide Mobile Payment Users to Reach 141 Million in 2011 – Gartner Says

Worldwide mobile payment users will surpass 141.1 million in 2011, a 38.2 percent increase from 2010, when mobile payment users reached 102.1 million, according to Gartner, Inc. Worldwide mobile payment volume is forecast to total $86.1 billion, up 75.9 percent from 2010 volume of $48.9 billion.

Transport for London to accept NFC payments from 2012

Transport for London (TfL) has stated it will support NFC payments on mobile phones in 2012. TfL is now in the process of deploying new contactless card readers on London's tube and bus network. This will enable users of contactless EMV credit and debit cards and NFC mobile phones to 'swipe and go' on the London Underground and associated services.

« Garanti Bank and Avea start a new period in payment systems with their NFC technology work.

GSMA Welcomes Publication of INTERPHONE Results »

China UnionPay initiates mobile payments alliance

UnionPay Logo

China UnionPay card network operator has launched an initiative to organize a group of national banks, wireless operators and handset makers to form a mobile payments industry alliance in a move to make the sector be more standardized and regulated.

According to the official statement members will be working to promote mobile payment business adopting the international standard on contactless communication defined by the ISO.

China UnionPay believes the platform will bring many benefits to firms in industries such as the bus, metro, water, electricity and gas, cinema, petrol, hospital, commercial retail and many more.

The group consists of 18 banks, including Industrial and Commercial Bank of China, Agriculture Bank of China and Construction Bank of China, mobile operators China Unicom and China Mobile, manufactures like Nokia and Lenovo and several card and chip card producers, terminal operators, system integrators and academies

China UnionPay