Article

  Comment(0)

 
Share:    Email  

Early Days For Mobile Payment: MasterCard

Tuesday, May 15, 2012 - 10:05

MasterCard Worldwide today unveiled the MasterCard Mobile Payments Readiness Index (MPRI), an analysis of 34 countries and their readiness to use three types of mobile payments: person to person, mobile web commerce and mobile contactless payments at the point of sale.

New Delhi, India – May 15, 2012 – MasterCard Worldwide today unveiled the MasterCard Mobile Payments Readiness Index (MPRI), an analysis of 34 countries and their readiness to use three types of mobile payments: person to person, mobile web commerce and mobile contactless payments at the point of sale. The MPRI found that while no two markets are the same, consumer readiness is the critical success factor to drive mobile payments adoption around the globe.

On the MasterCard Mobile Payments Readiness Index, India achieved a score of 31.5, driven by high scores in the Infrastructure component, moderate scores in Financial Services and Consumer Readiness, and lower scores in overall Environment. Consumer Readiness scores are in line with India’s overall ranking on the index–number 21.

The MPRI identified Singapore, Canada, the United States, Kenya and South Korea as the most prepared markets. The Index indicates that while it’s early stages for mobile payments adoption, all markets globally – either highly scaled and integrated ones like the United Kingdom or compact and technology-driven ones like Singapore – are making progress towards reaching an inflection point where mobile devices account for an appreciable share of the payments mix.

Read the full story by clicking the link below
http://www.lightreading.in/document.asp?doc_id=220927
 
Tags: Mobile Commerce, Contactless Payments, Mobile Payments, Global, APAC, MasterCard, India, P2P Payments

Sponsored Links
 

 

  Article

   Comments(0)

 
Login or register to post comments
[Show comment]

Stay Connected

 
Sign Up for the Latest in:
 
 
Mobile Money Transfer
Mobile Commerce
Micro Finance
Mobile Technology
EMEA
APAC
Mobile Payments
Mobile Banking
Mobile Marketing
Global
Americas
Company
(*)
 

MOST POPULAR

HEADLINES

1.Orange, BANK OF AFRICA in mobile financial services partnership
2.Mobile Payment Brands Go On Offensive in Fear of Apple Pay Domina
3.Apple to partner with China Unionpay on m-payments - report
4.PayPal Here, the company’s donglebased mobile payments solution
5.Samsung is teaming with PayPal for mobile payments on a watch
6.As Apple Pay Hits, Visa Signals Hopes To Be Mobile Payment Player
7.Why Bitcoin Is Poised To Win Big In Las Vegas
8.Why the U.S. Lags the World in Mobile Payments
9.BlackBerry Enhances Mobile Payment Capabilities for BBM Users
10.BBM Users Get Mobile Payments Boost from BlackBerry

FEATURED COMPANIES

MOST POPULAR

BLOGS


 
 

Mobile Financial News from around the web

 
 
 

Inside the DonRiver Network