Monday, July 12, 2004
The world of premium sms
According to John Hurley, vice-president of marketing at Valista, between 10 percent and 15 percent of total revenues at mobile phone companies is now coming from non-voice revenue such as personalisation, ringtones, messaging and digital purchases. In Japan it is already generating more revenues than voice, he says.
Posted by Simon on 13:58 | link
Friday, July 09, 2004
Will EU legislation help or hinder m-Commerce?
See also the website of Telecoms Korea and ARC Group.
Interesting enough, the ARC Group did not contact our association for more information on the issue........ I'm curious if they quote any of our position papers.
Posted by Simon on 13:28 | link
Monday, July 05, 2004
Planet - T-Mobile starts wap-billing via GPRS
Wap billing allows for payment of greater amounts than with SMS and has a business model where T-mobile shares revenue with the content provider.
Posted by Simon on 23:03 | link
Friday, July 02, 2004
Vodafone introduces m-payments via WAP
Meanwhile Beep.nl is investigating how to add the Rabobank payment product Minitix to its payment portal for mobile payments. Effectively Beep acts as an integrator just like Bibit, but then for payment via mobile means.
Where will this end?
I think large retail players will operate their own payment brands; all the others will work with integrators or choose the most efficient and cheap payments brands in the market.
Posted by Simon on 15:08 | link
EU Commission and mobile operators: regulatory capture?
A proportionate and technologically neutral legal environment should include the following suggested aspects:
• Payments made directly to mobile operators for services provided by such mobile operators do not fall within the scope of provision of payment services.
• Only the e-money element of the prepaid mobile float should be regulated under the e-Money Directive.
• Regulators should aim to apply only the minimum regulation needed to ensure appropriate coverage of financial stability risks and consumer protection.
• Redeemability rules must be applied in a way that reflects the inherent risks to consumers.
• Money laundering rules will be adapted to take account of products and transactions, including e-money, issued or used in small amounts, which represent a low risk of money laundering.
See also article 10 in the proposed Money Laundering Rules for Europe. It qualifies e-money as a low-risk product in terms of money laundering if:
low limits are imposed on the amount issued, the amount that can be stored on an electronic device or the size of the permitted transactions.
Well, the good thing is that the communication outlines that money laundering rules apply to mobile operators. The questionable part relates to the exemption. One might wonder if only the limits on products/transactions are relevant. What about total turnover and velocity of payments..? Why not use the already defined exemption value of the e-money directive (float of 5 or 6 million euro)?
Posted by Simon on 14:37 | link