Tag: edy
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M-payments and e-money grow exponentially
1 Billion e-money transactions/month around 2014 Exponential growth: The number of e-cash payments per month increases by a factor of 10 about every 4 years E-money transactions (including mobile e-cash) grow exponentially in Japan, and we expect to see 1 Billion e-money transactions/month around 2014 (this figure would be much bigger if contactless train travel…
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10 years e-cash and mobile payments
Mobile phone payments with RFID start in Japan in 2003 i-Mode mobile payments started in Japan in 1999 10 years ago – 1999 – the global mobile payment revolution started in Japan: with i-mode introducing an essentially Japan-only highly successful micropayment system for online content and brick-and-mortar based m-commerce, and SONY’s Edy starting e-cash experiments…
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Mobile payment and the future of money (presentation at CLSA Japan Forum)
Can e-money and mobile payment replace cash? Example: mobile payment for the world’s busiest train line CLSA – Asia-Pacific Markets – last week organized the “CLSA Japan Forum” here in Tokyo. About 800-1000 investment bankers, portfolio managers, investors, analysts came together. Since last year interest of global investors in Japan has increased a lot. Eurotechnology…