Feeds

Mobile-based payments set to soar

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

Intelligent flash storage arrays

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.

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Don't wait for that big iPad, order a NEXUS 9 instead, industry little bird says
Google said to debut next big slab, Android L ahead of Apple event
Xperia Z3: Crikey, Sony – ANOTHER flagship phondleslab?
The Fourth Amendment... and it IS better
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Netscape Navigator - the browser that started it all - turns 20
It was 20 years ago today, Marc Andreeesen taught the band to play
A drone of one's own: Reg buyers' guide for UAV fanciers
Hardware: Check. Software: Huh? Licence: Licence...?
The Apple launch AS IT HAPPENED: Totally SERIOUS coverage, not for haters
Fandroids, Windows Phone fringe-oids – you wouldn't understand
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
Here's your chance to buy an ancient, working APPLE ONE
Warning: Likely to cost a lot even for a Mac
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
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?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.