Feeds

Mobile-based payments set to soar

How would you like to pay? Cash, Visa or mobile?

Security for virtualized datacentres

Sales of digital content, such as music and TV, through mobile phones will have soared by 2013, according to the latest forecast.

Juniper Research has predicted that roughly 50 per cent of all mobile phone users will have bought a digital good at least once through their mobile phone by 2013. On average, users are expected to make at least two payment transactions per month for digital goods within five years.

Western Europe, the Far East and China will account for half of all such sales by 2013.

The report’s author, Howard Wilcox, said that devices like the iPhone and 3G connections are driving the growth. He added that although typical transaction sizes will remain in the $3 to $5 (£2.50/€3.50) bracket for the next few years, the gross transaction value will have grown nearly seven fold by 2013.

But the report also suggests that mobile fans will increasingly use their handsets to buy physical goods too, resulting in an extension of online shopping.

Mobile-based payments have already taken off in Japan, where local carrier KDDI has teamed up with the Bank of Tokyo to incorporate a dedicated bank account in mobile phones. It’s hoped the service will make e-cash payments easier and faster.

Protecting users from Firesheep and other Sidejacking attacks with SSL

More from The Register

next story
Oi, Tim Cook. Apple Watch. I DARE you to tell me, IN PERSON, that it's secure
State attorney demands Apple CEO bows the knee to him
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Monitors monitor's monitoring finds touch screens have 0.4% market share
Not four. Point four. Count yer booty again, Microsoft
Getting to the BOTTOM of the great office seating debate
Belay that toil, me hearty, and park your scurvy backside
Hey, Mac fanbois. HGST wants you drooling over its HUGE desktop RACK
What vast digital media repository could possibly need 64 TERABYTES?
In a spin: Samsung accuses LG exec of washing machine SABOTAGE
Rival electronic giant tries to iron out allegations
Lumia rebrand begins: Nokia's new UK web home is Microsoft.com
Yarr, them Nokia logos walking the plank and into the drink
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.