mobile payments

The launch of a new platform opens up a $426 billion mobile payments market to financial institutions and firms globally.

A report published by consultancy firm Celent says conditions are ripe for a boost in mobile payments usage in China.

Visa and Monitise agree to build a mobile payments platform in India, while the Philippines moves closer to a central remittance processing platform.

BoA Merrill, J.P. Morgan and RBS announce mandate wins, while China UnionPay expands across Asia.

Gartner analyst Kristin Moyer raises questions over the validity of Citi’s mobile payments trial in India.

Eko’s mobile banking alliance with the State Bank of India moves into a higher gear.

China Mobile aims to tap into the growing potential for mobile finance and mobile e-commerce through a 20% stake in Shanghai Pudong Development Bank.

Mobile business-to-business or consumer payments could hit $16.5 trillion by 2012, says Celent senior analyst Red Gillen.

Mobile payments are poised to push cash management to new frontiers.