US Wireless Carriers Partner with Big Credit Card Companies, Boosting Cell Phone NFC Market
The decision by three major U.S. wireless carriers to partner with leading credit card companies on a mobile commerce initiative will boost the market for embedded payment technology in cell phones, helping global shipments of handsets with near field communication (NFC) technology to rise to nearly 550 million units by 2015, according to new IHS iSuppli (NYSE: IHS) research.
AT&T, Verizon and T-Mobile said they would work with Visa and MasterCard on their Isis joint venture, which was established to form a nationwide infrastructure for NFC enabled mobile payments using mobile handsets in the United States. The original Isis joint venture announced in November 2010 did not include Visa and MasterCard, the largest U.S. credit card companies. Instead, Isis employed Discover Financial Services and the U.S. arm of U.K. bank Barclays to handle the monetary aspects of commercial NFC mobile payments services in the United States.
“By partnering with the dominant players (Visa and MasterCard) the wireless carriers are making the right moves to create an ecosystem that will allow consumers to become comfortable with making NFC payments through their cell phones,” said Dr. Jagdish Rebello, director and principal analyst for communications and consumer electronics with iSuppli. “The carriers hope to leverage the dominant position enjoyed by Visa and MasterCard in credit card payments to ensure a seamless consumer experience when customers use their mobile phones to make payments. Such a move will drive an increase in unit shipments of cell phones with embedded NFC capability in the United States and around the world.”
With the participation of Visa and MasterCard, the Isis system will allow consumer credit card information to be securely stored on cell phones, and will use NFC as the communication protocol to facilitate the financial transaction.
Combined with Google Inc.’s continued efforts to promote mobile payment technology in Android smart phones, the changes in the Isis initiative have spurred an upgrade in the IHS iSuppli forecast for global shipments of NFC-equipped cell phones. IHS now predicts 93.2 million NFC-equipped cell phones will ship worldwide in 2011, up from the December forecast of 79.8 million, as shown in the attached figure. In 2014, 411.8 million NFC cell phones will ship, compared to 220.1 million in the previous prediction.
Shipments then will rise to 544.7 million in 2015. This means that 30.5 % of all cell phones shipped in 2015 will have the capability to conduct mobile commerce using NFC technology.
NFC promises to revolutionize the way consumers pay for goods and services by allowing them to use their cell phones to make purchases. With NFC, consumers can pay their bus fare, buy a plane ticket or make an ATM/credit card purchase simply by holding their cell phones near wireless terminals.
The starting gun for the rapid growth of the NFC handset market was sounded last year, when Google said it would support the technology in the latest release of the Android operating system and would work to create an ecosystem for NFC payments. With this move, Google made a play for leadership in the mobile commerce segment.
Visa and MasterCard’s move to participate in Isis represents an attempt by these big credit card companies to prevent Google from gaining a strong foothold in the market for mobile payments.
With the addition of the major financial firms, the Isis effort is set to gain momentum over the long term. However, Isis is facing some short-term delays while it recalibrates its mobile payment strategy to suit Visa and MasterCard.
About the Author
iSuppli’s market intelligence helps technology companies achieve market leadership. After the macroeconomic events of 2009, mobile market research is more important than ever. The players in the mobile handset segment are challenged. iSuppli provides a clearer picture of the mobile industry, which is changing faster than ever with the advent of smart phones, 4G technology, and changes happening in the Asia Pacific market every day. Contact us on +1.310.524.4007 for more details.
Isis Martinez – Fundraising Update – Join My Holistic Health Drive Across America
|
|
Truvativ Bottom Bracket Team SL, 118m x 68m, Isis Drive $39.99 |
|
|
New Icetoolz ISIS Drive BB Tool For Shimano cartridge BBs with 20 tooth / 11B1 $9.80 |
|
|
Cave in ~ Anchor 7″ on Gray vinyl nm at the drive in isis promo $1.99 |
|
|
FSA Alpha Drive Crankset 22/32/44T 170mm ISIS; Bottom Bracket Not Included $55.56 |
|
|
Truvativ ISIS Drive Bottom Bracket Tool – 1/2″ Drive $19.23 |
|
|
FSA Alpha Drive ISIS 175 mm 22-32-44 Crank Black; Bottom Bracket Not Included $52.63 |
|
|
Token Bottom Bracket ISIS Drive, MTB, English Thread, 73 x 113 mm, Titanium Bolt $1.29 |
|
|
TH Industries Power Pro Isis Drive Bottom Bracket 68mm Shell 118mm Spindle 300g $29.95 |
|
|
FSA PLATINUM ISIS Drive 73/118 Bottom Bracket BB 200-1040 E-TYPE NEW $21.97 |
|
|
Truvativ Bottom Bracket Team SL, 113m x 68m, Isis Drive $35.99 |
|
|
FSA Alpha Drive Crankset 22/32/44T 170mm ISIS; Bottom Bracket Not Included $59.85 |
|
|
FSA Alpha Drive ISIS 175 mm 22-32-44 Crank Black; Bottom Bracket Not Included $59.85 |
|
|
IceToolz Xpert SHIMANO/ ISIS DRIVE BB TOOL c $12.99 |
|
|
TEAMSSX~New Icetoolz Shimano / ISIS Drive BB tool, 11B3 $7.00 |
|
|
Token Bottom Bracket BB TK872AL ISIS Drive Road English Thread 68 x 108 mm New $45.99 |
|
|
[Bi_King] Icetoolz Xpert Shimano ISIS Drive BB 11B1 $9.50 |
|
|
Icetoolz Xpert SHIMANO ISIS DRIVE BB TOOL 11B1 c $8.99 |
|
|
New TOKEN TIRAMIC Cromo ISIS DRIVE Bottom Bracket $81.00 |
|
|
PARK TOOL CCP-44 CRANK PULLER FOR SPLINED BOTTOM BRACKET, OCTALINK OR ISIS DRIVE $14.95 |
|
|
FSA ISIS BICYCLE BOTTOM BRACKET WRENCH TOOL 1/2″ DRIVE $10.95 |
|
|
TRUVATIV ISIS DRIVE SIDE CRANK ARM RIGHT HAND TRU VATIV DOUBLE MOUNTAIN ROAD 175 $19.75 |
|
|
New VP BB COMPONENTS ISIS Drive Bottom Bracket 73 x 113mm , MB-602 $36.00 |
|
|
New VP BB COMPONENTS ISIS Drive Bottom Bracket 68x 113mm , MB-602 $36.00 |
|
|
“Redbike” New Icetoolz Shimano/ISIS Drive BBs tool $12.90 |
|
|
PARK BBT-32 BICYCLE / BIKE SPLINED ISIS DRIVE BOTTOM BRACKET TOOL $10.95 |
|
|
TRUVATIV ISIS Drive XR MTB Bike BB 73E x 118mm Bicycle Bottom Bracket $23.40 |
|
|
Crank Bros Cyan Titanium Bottom Bracket 68mm / 73mm ISIS Drive 108mm $130.00 |
|
|
NEW TruVativ Rouleur Crankset 53 39 30 Triple Isis Drive 175 Road Bike Black $150.00 |
|
|
NEW TruVativ Rouleur Crankset 53 39 30 Triple Isis Drive 172.5 Road Bike Silver $150.00 |
|
|
Truvativ ISIS Drive Bottom Bracket Tool – 1/2″ Drive $21.99 |
|
|
FSA Alpha Drive Crankset 22/32/44T 170mm ISIS; Bottom Bracket Not Included $52.99 |
|
|
gobike88 Icetoolz Shimano / ISIS Drive BB tool, 11B1 152 $13.49 |
|
|
“Redbike” New Icetoolz Shimano/ISIS Drive BB Tool,11B3 $10.50 |
|
|
TEAMSSX~New Icetoolz Shimano / ISIS Drive BB tool, 11B1 $8.50 |
|
|
NEW HARD DRIVE WITH BMW ISTA P/D 2.45 2.29 ISIS ISID SOFTWARE!! $249.99 |
|
|
NEW BMW ICOM A+B+C WITH HARD DRIVE ISTA P/D 2.45 2.29 ISIS ISID SOFTWARE!! $1,199.00 |
|
|
ISIS DRIVE NEW RPM BB-9915 BOTTOM BRACKET 68 SHELL 114 mm width BC1.37X24T $8.99 |
|
|
BRAND NEW PARK TOOL BBT-32 Bottom Bracket Tool SHIMANO ISIS DRIVE BB TOOL $10.95 |
|
|
FSA ISIS Bottom Bracket Tool 1/2 Drive $15.93 |
|
|
NEW TRUVATIV ISIS BOTTOM BRACKET SOCKET BB 1/2″ DRIVE Powered by SRAM A2020202 $19.95 |
|
|
Truvativ ISIS Drive Bottom Bracket Tool 1/2-in Drive $18.93 |
|
|
FSA Alpha Drive Crankset 22/32/44T 170mm ISIS $49.91 |
|
|
FSA Alpha Drive ISIS 175 mm 22-32-44 Crank, Black $69.91 |
|
|
Token Bottom Bracket BB Bottom Bracket ISIS Drive MTB English Thread 68 x 113 mm $92.99 |
|
|
Token Bottom Bracket BB TK872CT ISIS Drive Road English Thread 68 x 108 mm New $119.99 |
|
|
Token Bottom Bracket BB TK873AL ISIS Drive MTB English Thread 68 x 113 mm New $45.99 |
|
|
Token Bottom Bracket BB TK873CT ISIS Drive MTB English Thread 68 x 113 mm New $122.99 |
|
|
Token Bottom Bracket BB TK872CT ISIS Drive Road Italian Thread 70 x 108 mm New $119.99 |
|
|
Token Bottom Bracket BB TK882TBT ISIS Drive Road English Thread 68 x 108 mm New $84.99 |
|
|
Token Bottom Bracket BB Bottom Bracket ISIS Drive Road Italian Thread 70 x 108 $149.99 |
|
|
Token Bottom Bracket BB TK883TBT ISIS Drive MTB Italian Thread 73 x 113 mm New $92.99 |
|
|
Token Bike Bottom Bracket BB TK870TC ISIS Drive BB Bearings 21.5 x 7 x 31 mm New $59.99 |
|
|
Truvativ GIGA PIPE TM DH 68/68E/73X118 ISIS DRIVE $44.44 |
|
|
FSA Alpha Drive ISIS 175 mm 22-32-44 Crank Black; Bottom Bracket Not Included $45.50 |
|
|
FSA Alpha Drive Crankset 22/32/44T 170mm ISIS $62.99 |
|
|
FSA Alpha Drive Crankset 22/32/44T 170mm ISIS $69.99 |
|
|
Park Tool BBT-32 Shimano and ISIS Drive Bike Bicycle BB $11.65 |
|
|
Truvativ ISIS Drive Bottom Bracket Tool – 1/2″ Drive $16.25 |
|
|
TOOL Bottom Bracket TV ISIS DRIVE FIT-BB CUP SPLINES $34.98 |
|
|
Truvativ ISIS Drive Bottom Bracket Tool – 1/2” Drive $25.00 |
|
|
TOOL Bottom Bracket SunLite PRO SHI/ISIS 1/2in DRIVE $18.98 |
|
|
Park BBT-18 Bottom Bracket tool Shimano / ISIS drive (8 notch) $15.99 |
|
|
Park Tool BBT-22 Bottom Bracket Tool For Ocatalink ISIS Drive New $16.99 |
|
|
Truvativ GIGA PIPE TM DH 68/68E/73X113 ISIS DRIVE $43.08 |
|
|
Truvativ GIGA PIPE TM SL 68/68E/73X118 ISIS DRIVE $39.68 |
|
|
Truvativ GIGA PIPE TM SL 68/68E/73X113 ISIS DRIVE $39.68 |
|
|
Truvativ GIGA PIPE TEAM DH 73E X 118 ISIS DRIVE $44.44 |
|
|
STRONGLIGHT CARBON FIBER CRANKSET ARM INSERT INSERTS SET ACTIV-LINK ISIS DRIVE $14.99 |
|
|
NEW Icetoolz Shimano / ISIS Drive BB Tool $11.48 |
|
|
Sunlite Shi/Isis B.B. Tool 1/2″ Drive Tool BB PRO SHI/ $22.77 |
|
|
D1 Spec 7Drive Throttle Controller Toyota ISIS ANM10 Ipsum Picnic Mark II JZX110 $120.00 |
|
|
Bike Bottom Bracket Remover 1/2 In. Drive Shimano ISIS $13.95 |
|
|
New Icetoolz Xpert Shimano ISIS Drive BB 11B1 tool $11.48 |
|
|
BICYCLE BOTTOM BRACKET WRENCH TOOL SHIMANO ISIS DRIVE $20.99 |
|
|
New TruVativ Isis Drive 68×188 DH Bottom Bracket MTB $24.99 |
|
|
Cartel Drive $8.99 … |
|
|
Cartel Drive E.P (feat. Tha Street Jazz Cartel) $2.97 … |
|
|
Drive It Like You Stole It $3.96 … |
|
|
160GB Wd Raptor Sata 10000 Rpm Ncq HDD $186.75 160GB – 10000rpm – Serial ATA/300 – Serial ATA – Internal… |
|
|
Hewlett Packard Scanjet 5000 Sheetfed Scanner Power Source Ac Supply Emc Isis Twain Drivers $1,144.54 Optical Resolution:600 dpi. Hardware Resolution:600 x 600 dpi. Scan Color:Color. Color Depth:48-bit. Grayscale Depth:8-bit. Maximum Mono Scan Speed (ppm):25. Maximum Color Scan Speed (ppm):25. Media Type:Plain Paper. Inkjet Paper. Envelope. Labe… |
|
|
Xerox DocuMate 250 $799.99 The Xerox DocuMate 250 Scanner is a compact and effective hi-speed scanner perfect for workgroups and other decentralized scanning applications. By eliminating seldom used options such as duplex capability and a SCSI interface Xerox offers this model at a price that enables businesses to achieve high levels of productivity by distributing fast cost-effective scanners throughout the organization. T… |
|
|
House Arrest $10.00 Home-care nurse Emily Klein can’t get out of her new assignment – weekly prenatal visits to Pippa Glenning, a young Isis cult member under house arrest for the death of her daughter during a Solstice ceremony. But she takes her work seriously and plays by the rules, so Emily is determined to take good care of her high-profile and unconventional patient. With two other cult members in … |
|
|
You Drive Me Crazy … |
|
|
The Bandoleros … |
|
|
Niles Endnote 8.0 Windows $29.99 … |
Tags: affmage source=, amazon, chitika, ebay, flickr, isis, isis drive, mage lang=, youtube
