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Small payments to lead m-commerce revival.

Publication: M2 Presswire
Publication Date: 30-SEP-03
Format: Online - approximately 675 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 September 2003-BWCS: Small payments to lead m-commerce revival(C)1994-2003 M2 COMMUNICATIONS LTD

RDATE:09302003

Ledbury, UK -- The market for mobile payments is set to boom over the next few years as mobile handsets replace cash and cards at many retail outlets, to a...

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...according new report on Mobile Proximity Payment Services by wireless consultancy BWCS. By 2010, mobile transactions in stores and at vending machines around the world will be worth over US$380 billion, claims the report.

"Mobile proximity payment services - the purchase of goods or services at a retail point of sale or vending machine via a...

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