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Market Research Report

Contactless Payments at the POS: A Tsunami on the Horizon

Published by Mercator Advisory Group, Inc. Contact us : +1-860-674-8796
Published 2003/10 Content info  
Product code MAG16481
Price From  US $ 2950 Order/Price list
US $ 2950 PDF by E-mail (Single User License)
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Description TOC

Introduction

Trends abound, rival technologies compete for market acceptance, and there are inevitable shake-outs that separate the wheat from the chaff.

Nowhere on the payments landscape is this clearer than in the quest for dominance in the contactless payments arena.

What is emerging is a landscape rich in diversity serving a variety of consumer needs. The solutions that are poised to give rise to wider spread consumer adoption include:

  • Radio Frequency Based Technologies
  • Infrared Devices
  • Carrier-Based Mobile Phone Technologies
  • Microwave Technology

These varying technologies are packaged quite differently and utilize a number of payment methods. These methods leverage traditional card payment infrastructure, account-based payment methods and stored value programs.

This report provides a baseline introduction to each of the technologies and programs as well as provides updates on the latest developments currently available. As with many emerging technologies, developments occur quickly. (Mercator Advisory Group members are encouraged to contact us directly for the very latest updates on these programs).

Due to the depth and richness of these solutions and their potential impact and integration with smart card / chip technology, this will be one of many related reports in this area.

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