mobile payments
China leading the World
China the most populated nation on Mother Earth is embracing mobile phones and the spin for developer’s is to engage in collabrative ways to address the demand. With this in mind the rest of the World needs to adopt a similar attitude to stay in touch. Here is some information from Finextra on research by KPMG into mobile payments adoption by China.
The statistics are amazing. More than 1 billion mobilephone subscribers in China and 6 billion plus worldwide. From the figures about 48% use 3G (3rd generation internet) capable handsets in developed countries. For many the basic Text, call and internet access capability of feature phones is sufficient. Figures posted by mobilethinking.com indicate that 36.4% of mobilephone sales are smartphones and 63.6% are feature phones (source http://www.idc.com/getdoc.jsp?containerId=prUS23455612 ) .
A list of mobile phone subscribers in Australia and New Zealand in comparisen with population indicates that there is more than 100% subscription – maybe many use more than one?. The market growth is around 2.6%. A recent analysis reported by Budde Comm in relation to New Zealand indicates 120% market penetration with Vodafone, Telecom and 2Degrees the major Mobile Network operators. However with the planned upgrades to internet speed and more smartphone use it is likely that consumers will look to alternative connectivity such as MoiP and VoiP. A New Zealand Government Web Standards report around SMS use and agency initiatives provides a “political” perspective.
Bacteria running a muck at ATM’s
A recent survey reported on stuff.co.nz has highlighted that ATM’s ( the hole in the wall ) are places that inadvertently habour contagious bacteria. This could be extended to any card based payment system’s in general in my opinion where the use of supermarket trollies, baskets, debit/creditcards and even good old cash coin and notes are hotspots so to speak as well. Cash has always been King however where mobile payments are implemented the ability to transact independently would be more healthy for you
Telco’s and Banks maintaining control of you..
A positive move toward the implementation of mobile payments in New Zealand has been reported on Stuff.co.nz click here..
Near Field Communication does not allow for remote and global transactioning and maintains a policy of storing Card or Bank details in app to the benefit of Bank centric users and the need to interact with terminals. Unfortunately, more chips in card means more traceability options for ‘big brother’.
The move toward Near Field Communication has been well documented. It is ‘retarded’ by a oversaturated market of ordinary analog style phones. However, Telco’s and manufacturer competition are driving down the price of smartphones, which are mainly used for entertainment purposes – apps. What is also fact is that people don’t want to be spied on by agencies such as the GCSB or Government Communications Security Bureau. Cellphones with simcards are traceable and can be tapped for information turned on or off. This of course is the same organisation that was used by John Key to spy on Kim Dotcom, assuming the PM is in control? He maybe just a puppet for ‘big brother’, without knowing or realising? so to speak.
Related articles
- New Zealand’s intercept bill and Huawei (billbennett.co.nz)
- Telco legislation to be introduced this week (radionz.co.nz)
- GCSB refuses to tell people if they’ve been illegally spied on (radionz.co.nz)