Category: Featured News

Income will multiply due to the influence of mobile payments and mcommerce through massive partnerships.

Both Visa and MasterCard have come out with their latest mobile payments strategies, based on NFC technology and other methods that will help consumers to more comfortably and conveniently use their smartphones to pay for their purchases.

These new methods and channels will soon become central to a massive revenue growth for the companies.

All of the largest players in this arena are standing behind NFC technology as a central element of the success of their mobile commerce and payments efforts. This has been further solidified through a large number of partnerships that are being made with these companies, as well as wireless service providers, mobile security companies, and device makers.

It is likely that these deals will allow NFC technology to revolutionize mcommerce.

Though mobile commerce is still quite new, it is already expected that it is ready to be turned on its head once more as NFC technology becomes more commonly implemented into devices and more frequently used by consumers.

Investors are also starting to see the value of these deals that are centered around the successful implementation of NFC technology. From that standpoint, the use of near field communication could be a significant game changer that can result in tremendous revenue increases for credit card companies. Some of the partnerships that have taken place recently include Visa’s deal with Samsung and when MasterCard teamed up with VeriFone Systems.

The NFC technology based mobile payments services will allow devices to be used as a type of mobile wallet. In this sense, consumers can step up to the checkout counter of participating merchants and simply tap their smartphones against a reader device in order to complete a payment transaction. These services can also be applied to coupon redemption and loyalty program points collections, among others.

The goal of the NFC technology wallets is to make shopping far more convenient, so that everything from the points cards to the discount coupons and the payment methods themselves can all be contained in one secure location that many consumers already have.

Samsung is now leading the way in the Chinese marketplace as Nokia drops down to seventh place.

Android has been making massive technology news headlines in China’s smartphone market as it is now representing an estimated 86 percent of the devices in the country, as per the statistics from the last quarter of 2012.

Samsung has now leapt ahead as the leader of the devices based on that Google operating system.

That manufacturer has made some highly strategic moves that have made technology news so that they could ride their way right up to the top of the list. This new data was just released by Strategy Analytics, which performed an analysis on the data from Q4 of last year. It also almost tripled its sales in China during 2012.

The latest technology news estimates are suggesting that during 2012 alone, Samsung sold 30.06 million smartphones within the country

This represented 17.7 percent of the entire market and is a massive increase over the number that it sold in 2011, which was 10.9 million and which represented 12.4 percent of the entire market.

The reason that this is making technology news headlines around the world is that China is the largest smartphone market in the world. Moreover, its steady climb up to the top has happened at the same time that Nokia has taken a considerable slide. This took its market share from 2011 when it was 29.9 percent, to reach only 3.7 percent in 2012. It had previously been in first place, but it has dropped down to seventh place.

Among all of the remaining smartphone manufacturers making technology news, Lenovo has come in strong as the second place holder. It has taken a 13.2 percent share of the Chinese market. This is a meaningful increase after having only 4 percent in 2011. Apple had an 11 percent share and third place, followed by Huawei at 9.9 percent, and the local device maker, Coolpad, at 9.7 percent. Those were the companies that made up the coveted top five positions within the Strategy Analytics report that has only just been released to the public.