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Here is the latest news from within the industry. If you have news to send us, please email it to us. Thank you.
Published on 08 September 2008
The time is right for services such as banking, money transfers and on-line payments to make the move to mobile handsets and services concludes IMS Research. Improved coverage, greater uptake of feature phones and smartphones, higher mobile penetration and service availability has all contributed analysis.
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05 September 2008: 2BN TO HAVE BOUGHT DIGITAL GOODS BY 2013
An analysis of the global m-payments opportunity forecasts that 2.1bn mobile subscribers will pay by mobile for digital goods downloaded to their mobile phones by 2013.
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04 September 2008: OXICASH CLAIMS INDIA'S FIRST STORED VALUE WALLET
Oxigen Services announced ‘OxiCash’, a prepaid stored value wallet accessible through the mobile or PC allowing users to make payments for a host of services such as prepaid mobile, TV recharges, telephone bill payments, travel services, e-commerce sites, mobile videos, music, games and other utility/insurance bill payments.
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03 September 2008: M-PAYMENTS IN INDIA – RBI URGES SLOWDOWN
In a letter from the chief general manager of the Reserve Bank of India, AP Hota, writes: “Reserve Bank of India (RBI) is in the process of finalizing the Operative Guidelines for banks on mobile payments.”
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02 September 2008: MASTERCARD PARTNERS FOR US P2P M-PAYMENT SERVICE
MasterCard has agreed to offer a fully-integrated on-demand person-to-person m-payment service in the US with Obopay.
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01 September 2008: CITI’S FILIPINO CUSTOMERS MAKE CARD PURCHASES VIA SMS
Citi's 1.2m credit card customers in the Philippines can now use SMS to authorise payments for deliveries and services on their credit cards – writes Finextra.com. ‘Citi Mobile’ - which has been piloted by staff for the last few months - lets users authorise transactions by texting or calling merchants instead of swiping their cards.
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