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Mobile Payments

Industry ViewsMobile Payments

Industry Views: the NFC payments opportunity

Last week MEF launched its annual Global Mobile Money report, which studied 15,000 mobile users across 15 countries.  The headline statistic is that mobile banking and mobile commerce continues to engage consumers - especially in mobile first markets. 69% of mobile media users globally carried out a banking activity via mobile whilst 66%…
Tim Banks
June 26, 2015
EuropeEventMobile Payments

MEF members meet the startups of tomorrow with Barclays Accelerator powered by Techstars

MEF this week hosted a fintech-focused Innovation Meetup with the Barclays Accelerator powered by Techstars, attended by MEF members and invited guests as part of our new and dedicated Innovation Programme. The event showcased the current cohort participating in the Accelerator based at the London Escalator, an open innovation space designed to support start-ups and entrepreneurs. Nine…
Tim Banks
May 8, 2015
Mobile Payments

12 stats that show how mobile money is growing globally

Mobile Money continues to gather pace.  This year’s Christmas period saw another record breaking year in mobile transaction volumes.  At the same time the halo effect of Apple Pay has seen the launch of similar services, notably Samsung’s Samsung Pay. Here we’ve collected the original reports, research and forecasts over…
Tim Banks
April 17, 2015
Mobile Payments

The Global Mobile Money Landscape – Updated

The mobile money sector is one of the most fluid in the whole of the mobile ecosystem, with more players entering and exiting, new tech and services being launched or trialed.  Here’s MEF’s quarterly update on the key players in the landscape. Defined by our Global Working Group it categories…
Sam Hill
April 9, 2015
Mobile Payments

MasterCard is making mobile money a reality in Egypt

In growth economies, where handset penetration is high, mobile is typically the first and sometimes only digital touch-point for consumers within a large under-banked or un-banked population.  Characteristically commerce in the these countries is predominantly cash based, where routine financial tasks like transferring money to friends, paying utility bills or…
Tim Banks
December 15, 2014
Guest blogm-commerceMobile PaymentsRegulation

Direct Carrier Billing and Boku’s e-money: from digital to physical purchases

Until recently, in Europe, direct carrier billing (AKA direct operator billing) was restricted to the purchase of digital goods and operated under an exemption to the European Union’s Payment Services Directive (PSD). This regulatory framework was largely established to deal with the purchase of ringtones and wallpapers. Now however, it’s possible for…
Sam Hill
December 10, 2014
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