Tag: mobile payment
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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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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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Top 10 mobile trends for 2009
Answering the question “Top 10 mobile trends for 2009: what would you choose?” We answer from our perspective here in Tokyo: Copyright (c) 2013 Eurotechnology Japan KK All Rights Reserved
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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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Barcodes for mobile payment
Mobile operators expand into mobile payments and mobile credit Mobile phones use qr codes for payments Japan’s mobile operators DoCoMo, KDDI/AU and SoftBank are expanding their business into mobile payment and mobile credit, traditionally the realm of banks, credit card companies, financial institutions and cash. With the bubble/post-bubble bad loans problem largely resolved and the…
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NTT Docomo acquisitions: Tower Records – No music, no life!
Docomo acquires music retail know-how and a laboratory for mobile payments at the point-of-sale NTT Docomo acquisitions: 32.34% of Tower Records a major share of Japan’s second largest Credit Card issuer Nikkei reports several NTT Docomo acquisitions: DoCoMo will use a total investment of around YEN 10 Billion (approx US$ 100 million) to acquire 32.24%…
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BBC TV interview about FeliCa wallet phones
Read our CEO’s interview on BBC World TV about FeliCa wallet phones. Watch the movie of the interview:Windows Media Player – Bandwith = Low|Medium|HighReal Player – Bandwith = Low|Medium|High Read our report Mobile payments in Japan. Copyright·©2013 ·Eurotechnology Japan KK·All Rights Reserved·
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Wireless Japan 2005 Show (July 13-15, 2005 in Tokyo)
Six years into the wireless internet revolution which started February 1999 in Japan Docomo’s and KDDI’s latest wireless innovation, concept mobile phones, mobile payments Wireless Japan 2005 marks six years of mobile internet in Japan, which started February 1999 in Tokyo. Now in the sixth year, wireless internet, i-Mode and EZweb and J-Sky are maturing,…
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Mobile Payment Forum meeting in Tokyo
Mobile Payment Forum and Eurotechnology Japan KK jointly organize the Mobile Payment Forum meeting in Tokyo Japan leads the world in mobile payments and m-commerce by Gerhard Fasol The Mobile Payment Forum promotes usage of mobile phones for payments, and works on interoperability, usability and standardization issues. The major credit card companies (VISA, Mastercard, American…
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Amazon.co.jp captures mobile purchases directly inside competing brick-and-mortar stores with barcode i-appli
Amazon.co.jp introduced a barcode reader i-Appli (JAVA application for DoCoMo’s i-Mode phones), with which shoppers in brick-and-mortar stores can directly compare the prices with Amazon.co.jp’s mobile webstore prices. If the shopper prefers, he/she can order directly by i-Mode mobile phone from Amazon.co.jp online while still standing in front of the shelves of the brick-and-mortar store.…