Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
British Telecom estimates volume of wireless payments by 2005
Posted on 16-Feb-2003 01:12. | Tags Filed under: News.



Mobile phone users will spend up to $20 billion a year on wireless payments by 2005, according to a report by market analysts.

The roll out of phones and other wireless devices that enable customers to access downloadable content and applications, such as ring tones, screensavers and games will ensure strong revenue returns.

Analysts ARC Group report that the majority of the income will continue to come from airtime and SMS messages, but that web content and point of sale payments would also contribute to the projected growth.

Developments in handset design and work in overcoming interoperability issues could soon see mobile devices being used in shops to pay for goods and services.

‘These new payment trends are already happening in the Asia Pacific region,’ said Richard Jesty, chief analyst at ARC and one of the report’s authors. ‘We are seeing vending machines that are able to talk to mobile phones and provide not just canned drinks but personal city guides and entertainment information.’

In Japan mobile customers in some areas are able to use their phones as season tickets at sports grounds.


More information: http://www.bt.co.uk...

comments powered by Disqus




Trending now »

Hot discussions in our forums right now:

Gareth Morgan is a genius
Created by Satch, last reply by Geektastic on 11-Dec-2016 23:08 (191 replies)
Pages... 11 12 13


NZ Prime Minister John Key Resigns
Created by ajobbins, last reply by JayADee on 11-Dec-2016 22:21 (223 replies)
Pages... 13 14 15


The President Of The USA - Who do you think?
Created by TimA, last reply by DarthKermit on 10-Dec-2016 20:29 (913 replies)
Pages... 59 60 61


Spark wireless broadband and home /lan access: CGNAT limitations
Created by yokkem, last reply by BarTender on 8-Dec-2016 15:57 (19 replies)
Pages... 2


Woooaaahh earthquake 2016-11-14
Created by Fred99, last reply by DarthKermit on 9-Dec-2016 16:16 (471 replies)
Pages... 30 31 32


Wilson's Car Park - When Free is not free
Created by nzkiwiman, last reply by cr250bromo on 9-Dec-2016 09:30 (51 replies)
Pages... 2 3 4


Gigabit cable now available
Created by sub, last reply by chiefie on 8-Dec-2016 17:38 (733 replies)
Pages... 47 48 49


Control of a 12v fan circuit - wifi, wired - home automation
Created by davidcole, last reply by frankv on 11-Dec-2016 18:10 (11 replies)