Mobile Payments Forecast: Contactless Evolution Flounders Without Heightened

Mobile Payments Forecast: Contactless Evolution Flounders Without Heightened Attention to Merchants And Wireless Carriers

Published Date: June 2006

Published By: Javelin Strategy & Research

Page Count: 32

Order Code: R3424-37

Questions About This Report

E-mail a Colleague

Printable Page

Fax Your Order

Description

Table of Contents

Search Inside
this Report

Similar
Products

OVERVIEW: PRIMARY QUESTIONS; FINDINGS AND ANALYSIS; EXECUTIVE SUMMARY: OVERVIEW OF MOBILE PAYMENTS; CONTACTLESS PAYMENTS BACKGROUND: MERCHANTS AND WIRELESS CARRIERS ARE KEY; FURTHER ACTION IN SPURRING CONTACTLESS ACCEPTANCE LOCATIONS IS NEEDED; DETERMINING THE VALUE PROPOSITION FOR CONTACTLESS PAYMENTS; CONSTITUENTS; MERCHANT VALUE PROPOSITION IS ENHANCED WITH MORE DYNAMIC DEVICES; ENROLLMENT AS AN INTEGRAL PIECE OF THE MERCHANT AND CARRIER VALUE PROPOSITION; REVENUE MODELS THAT MAY SPUR CARRIER INVOLVEMENT IN CONTACTLESS; ADDRESS CONSUMER SAFETY CONCERNS TO SPUR CONSUMER ADOPTION; MOBILE BANKING INITIATIVES AND CONTACTLESS PAYMENTS ARE INTRINSICALLY LINKED; INTEGRATE LIKELY MOBILE BANKING CUSTOMERS AS KEY TARGETS FOR CONTACTLESS; APPEAL TO CONTACTLESS CARDHOLDERS’ FINANCIAL MANAGEMENT AND DESIRE TO INTERACT THROUGH ADDITIONAL CHANNELS; MOBILE PERSON-TO-PERSON PAYMENTS GROWTH DEPENDS ON ADOPTION OF ALTERNATIVES; MOBILE E-COMMERCE TRANSACTIONS ARE DEPENDENT ON HANDSET EVOLUTION AND CONTENT INTEGRATION EFFORTS; ALTERNATIVE SOLUTIONS PLAY A SECONDARY ROLE IN DRIVING MOBILE PAYMENTS; MERCHANT USE OF CONTACTLESS TECHNOLOGY TO DRIVE ALTERNATIVES; ENHANCED COMMUNICATION AND VALUE ADDS POST-ADOPTION OF MOBILE PAYMENTS; WILDCARD SCENARIO: BANKS AS CARRIERS, AND CARRIERS AS ISSUERS?
Table of Figures: Figure 1: Sources and Needs for Effective Contactless Growth; Figure 2: Projected Adoption of Contactless Through 2012; Figure 3: Value Propositions for Contactless Payments Constituents; Figure 4: Value From Different Payment Types Among Merchants; Figure 5: Contactless Revenue Models for Carriers; Figure 6: Consumer Sentiment Regarding Safety of Contactless Payments; Figure 7: Likely Mobile Banking Consumers' Reasons for using Contactless; Figure 8: Likely Contactless Payments Users' Reasons for Mobile Banking; Figure 9: Consumers' Likelihood of Using Mobile Person-to-Person Transfers; Figure 10: Consumer Likelihood of Initiating Mobile E-Commerce Transactions; Figure 11: Opinions on Financial Services via Mobile Devices; Figure 12: Likelihood of Accessing Account Information via Mobile Devices; Figure 13: Likelihood of Conducting Financial Transactions via Mobile Device; Figure 14: Most Likely Banking Activities Performed via Mobile Devices; Figure 15: Likelihood of Switching Banks for Mobile Banking Access; Figure 16: Likelihood of Switching Wireless Carriers for Mobile Banking Access; Figure 17: Opinions on Financial Services via Mobile Devices