pymnts.com – It’s been a deluge of Apple news so far this week since the company disclosed its second quarter earnings. The iPhone remained the tech giant’s all-star, but investor attention also weighed heavily on the Apple Watch, which became available last Friday (April 24). While consumers have fueled much of the Apple Watch excitement … Weiterlesen
The Market Share of NFC Wallet transaction will be less than one tenth of 1%. Do the math yourself!
This post explains why the market share of NFC wallet transactions will be less than one tenth of 1% of the entire transaction space at the POS. In a series of recent blogs post, 4-Ventures introduced “The chicken-egg-and-rooster dilemma: NFC Wallets are dead.” The chicken-or-the-egg-dilemma (“which came first, the chicken or the egg?”) has haunted … Weiterlesen
Only 8% of all potential NFC Service Provider will enable NFC
This post explains why only 8% of all potential NFC Service Providers will enable NFC. This is the “rooster” side of the “The chicken-egg-and-rooster dilemma: NFC Wallets are dead” that I recently introduced. There, I cited three funnels for NFC wallet payments ever to happen: 1) The Consumer “Chicken” funnel — how many consumers are … Weiterlesen
Only 12% of all merchant POS can accept contactless payments via an NFC wallet
This blog describes why only 12% of all merchant POS payments can be done via NFC walles payments. This is the “egg-side” of the chicken-egg-and-rooster dilemma: NFC Wallets are dead which I inroduced in my last blog. I cited three funnels for NFC wallet payments to ever to happen 1) The Consumer “Chicken” funnel — how many … Weiterlesen
Only 3% of all mobile subscribers able to transact with an NFC Wallet.
This blog describes why only 3% of all mobile subscribers are able to transact with an NFC Wallet. This is the “chicken-side” of the chicken-egg-and-rooster dilemma: NFC Wallets are dead which I inroduced in my last blog. There I identified three funnels necesary for NFC wallet payments ever to happen: 1) The Consumer “Chicken” funnel – how many … Weiterlesen
NFC Wallets are dead: The chicken-egg-and-rooster dilemma
Since launching the m-payments startup paybox in 1999, seeing successes and defeats, through selling it and integrating it into Sybase / SAP in 2010, the chicken-or-the-egg-dilemma (“which came first, the chicken or the egg?”) has been constantly haunting me. Responses to this philosophical dilemma have their roots in evolution theory (species change over time via mutuation); … Weiterlesen