Tag: suica
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Apple Pay vs Japan’s Osaifu-keitai – the precursor to Apple Pay
What can we learn from 10+ years of mobile payments in Japan? Apple Pay vs Japan’s Osaifu-Keitai: watch the interview on CNBC https://www.cnbc.com/video/2014/09/16/why-apple-pay-isnt-as-revolutionary-as-it-seems.html?play=1 Mobile payments Japan, e-money and mobile credit (200 pages, pdf file) Japan’s Osaifu keitai mobile payments started on July 10, 2004, after public testing during December 2003 – June 2004 Two different…
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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…
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Will cash become obsolete?
Gave presentation to the Telecommunications Committee of the American Chamber of Commerce in Japan (ACCJ) on October 7, 2009, entitled “Will cash become obsolete? E-money, mobile payments and mobile commerce”. Talk was attended by about 30-40 executives from major global telecom operators, global banks, new-age payment companies, and from major internet companies. Outline: What is…
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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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SuiPo – linking posters to mobile phones and IC cards
JR-East introduced SuiPo (Suica Poster). People who want to participate need to register and link their plastic SUICA card, or their mobile SUICA (wallet phone with installed SUICA application) with a registered mobile or PC email address. Whenever a registered participants touches the SUICA reader/writer on the side of a poster, links to a campaign…
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Nanaco – e-cash and m-cash for Seven-Eleven
Seven-Eleven rolls out national electronic money and mobile payment system Retail chain AEON follows with WAON e-cash and mobile money This week two of Japan’s largest retail chains roll out electronic and mobile cash: Monday April 23rd, 2007 the Seven & I Holdings Group started “nanaco” and tomorrow, Friday April 27th, 2007, the AEON retail…
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PASMO: IC cards for transport
On Sunday, March 18, 2007, about 100 transportation companies in the Tokyo region switched to the near-field electronic money and payment system PASMO. Electronic money is a new battle field which JR-East pioneered with SUICA. Seven & I is still to throw it’s weight into the battle – read about today’s status of the electronic…
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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…
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3G Summit and Mobile Payment workshop
Mobile Payment workshop and Global 3G Evolution Forum in Tokyo – Makuhari 3GPP, UMTS-Forum, Verizon and Docomo and others 22-25 January 2007 MarcusEvans organized the “Global 3G Evolution Forum” in Makuhari near Tokyo. Speakers included: Takanori Utano, Executive Vice-President and CTO of DoCoMo, Takehiro Nakamura of NTT and Vice-Chairman of 3GPP Jean-Pierre Bienaime, Chairman of…
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NFC prepaid fare cards are Nikkei Marketing Journals most popular product of the year 2006
Annual Nikkei Marketing Journal (NMJ) ranking list of most successful products NFC prepaid fare cards ranked near the top of most popular products for 2006 Every year Nikkei Marketing Journal publishes a ranking list of the most successful products of the past year in the form Sumo wrestling results are traditionally displayed: there is a…
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PASMO: IC cards for transport
On March 18, 2007, more than 100 transportation companies (26 railway companies and 75 bus companies) – moving 30 million people of the Tokyo region – will switch to the IC card ticketing and e-cash system named “PASMO”. PASMO will interoperate and partially compete with SUICA. Preparations go back more than 20 years, when Japan’s…
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FeliCa and Mifare cooperation
Paying with the mobile phone in shops and trains, unlocking doors, security check in offices, paying the air ticket and checking in, all just by waving the wallet phone close to a reader/writer unit is addictive – and daily life in Japan today. SUICA in Tokyo, Octopus in Hong Kong and Oyster in London are…