Article

  Comment(0)

 
Share:    Email  

Smart cards need smart phones

Simon Rockman, GSMA

Tuesday, August 10, 2010 - 12:16

Simon Rockman, editor of the GSMA's Mobile Money Exchange, provides his perspectives on the Verizon and AT&T mobile payment joint venture and its impacts to smartphone manufacturers.

The proposed NFC-based mobile payments joint venture in the USbetween AT&T, Verizon Wireless and T-Mobile USA poses some interesting problems. While the mobile money community has focused on the partnerships, the impact and the business models, we've overlooked the big prize for the mobile industry: who will make the phones?

We know that people won't buy phones because they have NFC. They buy the phones they want and if the phones have NFC the customers might happen to use the feature. For all the love of megapixels and apps, whata phone looks like governs 80 percent of the buying decision. Some years it might need to be thin or pink or have a touchscreen - but neverdoes anyone say "I want to buy my sandwich with my phone." Still, someone has to make it work and secure, so the new JV has its work cut out. While AT&T and T-Mobile will have the secure element in the UICC (a posh name for a SIM), Verizon uses CDMA, and CDMA doesn't have aSIM in the US.

Read the full story by clicking the link below
http://www.mobilebusinessbriefing.com/article/smart-cards-need-smart-phones
 
Tags: Americas, Mobile Payment, AT&T, Verizon, GSMA, Mobile Money Exchange, T-Mobile, Smartphones, Contactless, US, T-Mobile USA

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.Zuckerberg Confirms: A Mobile Payments System Will Come To Facebo
2.Report: Apple moving toward mobile payments this fall
3.FirstBank Strikes Gold In Strategic Payment Partnership With Payp
4.Westpac Considers Replacing Physical Cards With Digital Ones
5.Target Snaps Up Mobile Shopping Innovation with Image Recognition
6.PayPal to Toronto: coffee’s on us
7. Amazon Wallet app released ahead of Amazon Fire Phone
8.Mobile marketing continues to be a struggle for Google
9.LinkedIn Hopes to Boost B2B Marketing with Latest Acquisition
10. Apple eyes mobile payments with wallet app for iPhone 6

FEATURED COMPANIES

MOST POPULAR

BLOGS


 
 

Mobile Financial News from around the web

 
 
 

Inside the DonRiver Network