Mobile Payment Transactions May Reach $1 Trillion by 2015

The mobile payment industry is growing, offering revenue generating solutions throughout the market and potentially generation $1 trillion in global transactions by 2015, according to the latest report from Heavy Reading Mobile Networks Insider.
"Mobile payments have gone from being a cool-to-talk-about concept to a disruptive technology in a relatively short time frame," says Denise Culver, research analyst with Heavy Reading Mobile Networks Insider and author of the report. "MNOs and payment vendors should be looking at different ways to drive demand for mobile payments, which have the potential to create significant revenue throughout the entire mobile ecosystem."
According to some statistics, the mobile payment industry is forecasted to account for as much as $1 trillion in global transactions by 2015, Culver says. "Consumers, who already are accustomed to paying bills and buying goods online, are driving much of the move toward mobile payments. As the proliferation of mobile phones, smartphones and tablets continues, it's only natural that those same consumers feel the desire to use those devices to make purchases," she continues. "The mobile technology market is quite aware of the movement, with MNOs and vendors creating several exciting technologies and partnerships to further develop mobile payments."

Source: Cellular News

NCC Nigeria sets April deadline for Mobile Number Portability

The Nigerian Communication Commission (NCC) Friday rolled out plans to commence implementation of new regulatory framework on mobile number portability for the telecommunication sector in April.
Mobile number portability (MNP) would enable mobile telephone users to retain their mobile telephone numbers when changing from one mobile network operator to another.
Speaking at the opening of the one-day Public Inquiry on the mobile Number Portability Regulations held at the NCC headquarters in Abuja, the Executive Vice Chairman of the commission, Dr. Eugene Juwah said the introduction of the new regulation would act as an incentive for service providers to improve on the quality of their service to customers.

Source: This Day Live

PortingXS welcomes new addition to the team

PortingXS is proud to announce that it has welcomed a new addition to the team: Mr. Patrick van der Zwan. Patrick has been working for PortingXS in the past, during his university years, studying Business Administration. Back in the days Patrick worked at our servicedesk and left a lasting impression with the team. After achieving an MSc in Strategic Management Patrick gained experience working as an business consultant from an account management point of view. At this moment Patrick's and PortingXS' paths crossed once again and the opportunity rose to return to the company, not at the service desk anymore, but as a Project Manager. Patrick will be focussing on our International activities. We would like to wish Patrick all the best and are thankful for having him aboard!

EU telecoms chief plots "10-step plan" for single market

The European Commission is to come up with a 10-step plan aimed at improving broadband speeds and ultimately forging a pan-European telecoms market, telecoms commissioner Neelie Kroes said.
The Commission is under pressure to meet ambitious goals it has set for itself, including one that 50 percent of all households should have broadband speeds above 100 mbps (megabits per second) and that all citizens have speeds of over 30 mbps by 2020.Kroes said that the business case for broadband investment was lacking, blaming time-consuming civil planning rules, widely divergent prices for both consumers and businesses and scarcity of radio spectrum as part of the problem. But Kroes said the creation of a truly single European market where big companies compete fairly across borders and face the same regulations in every national market was part of the solution.

Source: Reuters

Mobile Payment Transactions May Reach $1 Trillion by 2015

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