Mobile Commerce News Weekly – Week of January 2, 2011

The Mobile Commerce News Weekly is an online newsletter made up of the most interesting news, articles and links related to mobile payments, mobile money, e-wallets, mobile banking and mobile security that I run across each week.  I am specifically targeting market size and market trend information.

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New York Waterway, which carries passengers across the Hudson and East rivers, will launch the first smartphone-based ticketing system for mass transit riders this week. The free app, developed by New York-based Bytemark, allows riders to purchase tickets in advance with an Apple or Android compatible smart device. Read Original Content

Recent predictions suggest that during 2012 there will be 30 to 40 million purchased smartphones enabled with NFC chips. Read Original Content

Juniper Research reports that nearly $55 billion in international remittances will be enabled via mobile devices by 2016. For 2011, it is estimated to be under $12 billion. Read Original Content

Tech Endeavour structures a mobile application as a multi-layered application consisting of user experience, business, and data layers. The mobile application development process starts with definition of the mobile application, understanding key components, learning scenarios where it will be used, learning key patterns and technology considerations as well as identifying specific scenarios such as deployment, power usage and synchronization.  This newsletter is sponsored in part by Tech Endeavour, http://www.techendeavour.com/.

KPMG’s fifth annual Consumers and Convergence survey has found that 23 percent of U.S. consumers are now “very willing” to use their mobile phones as a wallet and the number rises to 30 percent for younger adults aged between 16 and 34. Read Original Content

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Indian Railways Catering and Tourism Corporation has come up with a new way that lets passengers book tickets through mobile phones as they travel by train throughout India. Read Original Content

According to RichRelevance, Apple remains the largest generator of online mobile shopping, continuing to beat out Android devices. Read Original Content

According to a recent study by Motorola Solutions, 67 percent of shoppers agree that mobile and in-store technology enhances their shopping experience. Read Original Content

Saigon Times Online is reporting that low cost airline Jetstar Pacific has begun accepting mobile payments for ticket fares. The program is a partnership between Jetstar, mobile network operator Vinaphone, online payment gateway OnePay and mobile payment company m-Service. Read Original Content

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