Opinion on New Payment Technologies in South and Central America

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Type Product title / description Pub Price
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Fear of fraud and lack of payment tools are preventing consumers from shopping online

Fear of payment fraud is the biggest obstacle to the growth of online commerce, while access to payment tools remains a big infrastructure barrier for consumers in emerging countries, according to Datamonitor's latest "Online Payments: Cards Not Present?" report (February 2012, CM00139-004).

Published By Datamonitor
13 Mar 2012
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Fintech's biggest problem: inertia

Fintech firms have created a vast array of new ways to pay at the point of sale. But these new tools will not be adopted by consumers unless companies can prove they are better than cards

Published By Datamonitor
14 May 2015
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Forecourts set to benefit from $724 billion contactless payment market

The potential value of the global contactless payments market is estimated at $724 billion. These payments are gaining momentum in the US and Asia-Pacific, and developments in Europe are imminent. Furthermore, the speed of the technology's development - from early trials in 2002 to full commercial launches in 2005 - shows the strength of the proposition to issuers, merchants and consumers alike.

Published By Datamonitor
14 Jun 2006
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G&D SIMs breathe new life into NFC

A new range of SIM cards developed by technology firm Giesecke & Devrient (G&D) promises to address some of the problems faced by NFC, meaning that it could yet become a mainstream payment method.

Published By Datamonitor
12 Sep 2013
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Galaxy S4 and Mobeam face NFC challenges

Samsung recently announced that the hotly anticipated Galaxy S4 mobile handset will include a means to interact with traditional barcode scanners. The technology gets around some issues facing the wider rollout of mobile proximity payments, but despite the scalability benefits, many considerable hurdles remain.

Published By Datamonitor
18 Mar 2013
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Global standard set to shake up online payments

The online and mobile proximity payments markets are set for upheaval, in the wake of the recent proposal by the major card schemes to establish a global online standard for card transactions.

Published By Datamonitor
04 Oct 2013
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Google and Samsung reignite wallet wars

Google Pay and Samsung Pay appear to have adopted Apple's naming conventions as well as its preferred technology. Both digital wallets are NFC-based - a wise move, considering the momentum behind the technology.

Published By Datamonitor
11 Mar 2015
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Google Wallet leans away from NFC towards P2P

Google Wallet has shifted away from its reliance on NFC and further towards P2P payments and loyalty. The move has potential to grow the Wallet brand but faces competition from Apple and PayPal.

Published By Datamonitor
23 Sep 2013
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Google's new Save to Wallet feature could have a significant impact on the industry

Google recently announced the expansion of its Google Wallet offering with the release of Save to Wallet, a new digital wallet facility. The service, which is designed to enhance the way in which consumers store their card details and use rewards and offers from merchants, signals a noteworthy development that may help to shape the future of mobile payments.

Published By Datamonitor
10 Jul 2012
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HCE Summit 2014: SE and HCE will coexist

HCE has been heralded by many as the answer to some of the major challenges facing NFC and its decade-long struggle to garner mass adoption via the SE. However, NFC's future within payments points towards the two technologies coexisting.

Published By Datamonitor
22 Oct 2014

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