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Tag Archives: mobile transactions

Global Mobile Transactions To Reach $1 Trillion by 2014

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Yankee Group, a research firm from Boston, MA, has presented extensive research on the future of mobile usage and mobile transactions. Their research shows that at the conclusion of 2010, total value of global mobile transactions was at $162 billion, and they anticipate that it will be $984 billion by 2014.

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Visa announces mobile payment trials in NYC this year

Vivotech NFC payment platform for mobile phones Photo: Vivotech.com

We reported just 4 days ago that you will soon have a digital wallet in your pocket, and today, Visa and Bank of America have teamed up to create the “digital wallet.”

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Apple iPhone to replace your entire wallet?

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Apple's latest acquisition of Benjamin Vigier, a man who specializes in near field communications may be the one of the most brilliant moves the California company has ever made. Catapulting the primarily computer-focused business model of Apple, into the world of financial institutions. The day your smartphone replaces your entire wallet is coming very soon, and the iPhone could be the first to take us there.

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