‘The total value of mobile payments for digital and physical goods, money transfers and NFC (near field communications) transactions will reach $670 billion by 2015, up from $240 billion this year, according to a study by Juniper Research.

The study also said these forecasts represent the gross merchandise value of all purchases or the value of money being transferred. Juniper’s new Mobile Payment Strategies report revealed that all segments will exhibit “2x to 3x” growth over the next five years. This growth will be driven by the rapid adoption of mobile ticketing, NFC contactless payments, physical goods purchases and money transfers as people in both developed and developing countries use their devices for everyday transactions.

Some 20 countries are expected to launch NFC services in the next 18 months, resulting in transactions approaching $50 billion worldwide by 2014. Meanwhile the need for financial access in developing countries is such that active mobile money users will double by 2013 and drive transaction values accordingly.

The study further said the Top 3 regions for mobile payments (Far East & China, W. Europe and N. America) will represent 75% of the global mobile payment gross transaction value by 2015. Digital goods payments will account for nearly 40% of the market in 2015.’ – Telecomasia.net

Mobile Payments & NFC World Summit 2012 will draw together highly-regarded speakers representing the mobile network operators, banks, money transfer providers, mobile transfer networks, mWallets, retailers, public transit providers, ‘interoperability hubs’, handset manufacturers, technology and equipment providers to share their latest efforts in launching mobile financial services and the key challenges facing them.

The summit will further provide tips on how to analyse your customers’ behaviours to help you plan your winning strategies to deploy Mobile Payments services. The most exciting session will be the panel discussion represented by all the stakeholders of the ecosystem to discuss Strategic Partnership in providing Innovative and Sustainable Mobile Payments services.

The following Current and Cutting Edge Issues will be addressed in depth with necessary Real World Case Studies:

• Regulatory Issues for Mobile Payments and the Applicable Rules and Regulations
• Collaborating with the Regulatory Authorities
• Future Trends of Mobile Proximity Payments
• Retail Payment Development Updates – Hong Kong Case Study
• New Opportunities and Challenges Facing the Banks in Delivering M-Payments
• For Banks – How to Successfully Align Financial Services with NFC and Mobile Payments Systems?
• Opportunities for Increasing Sales Volume for Merchants/Retailers in Deploying M-Payments
• Public Transit Provider’s Perspectives in Deploying Mobile Payments
• Innovative Mobile Payments Strategies to Capture New Market
• Innovation in mPayments: What’s Hot?
• Additional Revenue Generating Channels through Deployment of M-Payments
• Introducing G2C Initiatives
• Critical Success Factors in Deploying Mobile Payment Services? – From Each Stakeholder’s Point of View
• Benefits and Business Case Drivers for Each Stakeholder
• Comparisons – Operator-Centric, Bank-Centric, 3rd Party Centric or Collaboration
• Profitable and Sustainable Business Models
• International Mobile Money Transfer and Remittance Market
• Addressing Issues of Standardization and Interoperability
• Banking the ‘Unbanked’ – How to Capture the Mass Market?
• Strategizing Your Mobile Payments Plan through Analysis of Consumer Behaviour
• Effective & Sustainable Strategies to Encourage Active Consumer’s Usage of Mobile Payments
• Taking Your Mobile Money Services to the Next Level – Enterprise/Corporate Mobile Money Services
• The Potentials of Offering Micro-Finance Services in Developed Countries
• Innovation & Sustainability in Offering Mobile Payments Services
• Building A Robust and Sustainable NFC Infrastructure
• Handset Technology Development Updates
• Management Issues Concerning Implementation and Cost Considerations
• Fraud Mitigation in Mobile Payments

A Macau Business Supported Event