Month: July 2012

  • Mobile payments: 10 years to reinvent the wheel?

    Mobile payments: 10 years to reinvent the wheel?

    Mobile payments for train travel was demonstrated in Tokyo in 2003, but has not reached London yet Mobile payments: Tokyo (mobile SUICA) vs. London (OYSTER) Mobile payments are big: Reuters estimates that the mobile payment market will be about US$ 1000 Billion by 2016, and in Japan just a single railway line achieves already now…