Cellphone Banking First Step toward Mobile Wallets in the U.S. Says In-Stat.SCOTTSDALE, Ariz. -- The U.S. seems to be moving closer to a goal of using mobile handsets to accomplish financial transactions and make purchases as several competing market players align on both technology and objectives, reports In-Stat (http://www.in-stat.com). Although 2008 will not be "the year of mobile payments" in the U.S., some progress is likely, the high-tech market research firm says. "There is evidence that the U.S. market may overcome a crucial issue--technology incompatibility--and make progress during 2008 toward contactless payments using cellphones," says David Chamberlain David Chamberlain, born December 25, 1975, is a cross-country skier from the United States. He was born and raised in Wilton, Maine and was a standout in cross-country skiing in high school. He then attended Bates College, and was an All-American in skiing. , In-Stat analyst. "Companies in several different sectors all ultimately want to deploy near field communications Field Communications was a division of Field Enterprises, which owned the Chicago Sun-Times and the Chicago Daily News. The company owned independent television stations in the United States, with WFLD-TV in Chicago as its largest-market station. (NFC NFC abbr. National Football Conference ), the key enabling technology, into handsets as well as in merchant payment terminals." There is also general agreement that the current generation of mobile banking services is an important first step toward accomplishing that goal. Recent research by In-Stat found the following: * Depending on several technology, commercial, and marketing factors, between 8 million and 30 million customers in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. will be using NFC-based contactless payments by 2012. * Over 34 million cell phones could be used for other financial applications like online banking by 2012. * Most of the companies involved in bringing mobile finance to the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. market have similar goals and understanding of the current market, which is critical to the development of the market. The research, "Mobile Payments Making Progress in North America" (#IN0703758MCM (MultiChip Module or MicroChip Module) A chip package that contains several bare chips mounted close together on a substrate (base) of some kind. ), covers the North American market for mobile payments. It includes a review of recent progress in deployment of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. in cell phones, and brief profiles of many of the companies involved with bringing those services to market, particularly in the U.S. This research is important for any company considering offering mobile payments and mobile financial services including operators, handset vendors, application developers, and semiconductor makers. For more information on this research or to purchase it online, please visit: http://www.instat.com/catalog/wcatalogue.asp?id=231, or contact a sales representative: http://www.instat.com/sales.asp The price is $3,495 (US). Related Research Includes: 2007 Global Handset Market Forecast http://www.instat.com/abstract.asp?id=66&SKU (StockKeeping Unit) The number of one specific product available for sale. If a hardware device or software package comes in different versions, there is an SKU for each one. SKU - stock-keeping unit =IN0703683WH Mobile Wallet: More than M-Commerce http://www.instat.com/abstract.asp?id=231&SKU=IN0602908MCM About In-Stat Technology vendors, service providers, technology professionals and market specialists, worldwide, rely on In-Stat's experienced staff and in-depth research to support critical business, product and technology decisions. In-Stat's insights are derived from both a deep technology understanding and comprehensive research, which examines each segment of the value chain for each market. Regular and ongoing end-user demand and primary research surveys underpin much of the analysis, enabling In-Stat to provide incisive market knowledge and guidance on future market opportunities via syndicated research products, custom consulting, and advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal . In-Stat is a strategic segment of the $9 billion Reed Elsevier global information network, with access to an expansive worldwide electronic network, extensive technology databases and well-informed personnel. As a member of Reed Business Information Reed Business Information is a large business publisher in the United States, United Kingdom, continental Europe, Australia and Asia. It is a division of Reed Elsevier. In 2005, Reed Business Information started the Quill Awards, a literary award broadcast on NBC. , In-Stat is a division of the largest business-to-business publisher in the U.S. |
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