Category: Featured News

China Mobile to launch mobile commerce initiative in 2013

China Mobile

China Mobile announces plans to bring mobile commerce to 12 Chinese provinces

China Mobile, the world’s largest mobile network operator, is preparing to rollout its first mobile payments initiative in February 2013. The company has begun stockpiling NFC-enabled smart phones, provided by eight of the world’s largest smart phone manufacturers, in order to prepare for the launch of the initiative next year. The company has announced that it will introduce new NFC services to 12 provinces in China as part of its mobile commerce initiative, making its NFC-enabled mobile devices to consumers at the time of launch.

China Mobile teams with China UnionPay for initiative

The initiative represents a partnership between China Mobile and China UnionPay, a leading commerce network. The two companies are keen to address the growing demand for mobile commerce services coming from China Mobile’s more than 690 million subscribers. These consumers are eager to make purchases for goods and services using their mobile device rather than physical currency or payments cards. The common consensus is that mobile commerce platforms will be a more convenient way to conduct transactions.

NFC-enabled mobile devices to be sold late 2012 and throughout 2013

In 2013, China Mobile aims to sell more than 10 million NFC-enabled mobile devices. Many of these devices will come from Samsung, HTC, Huawei, and ZTE, and will actually be available near the end of 2012. The bulk of these devices will be sold during 2013, alongside the launch of the new mobile commerce initiative. Once the initiative is launched, China will have one of the most expansive mobile commerce infrastructures in the world.

Security precautions still unclear from China Mobile

China Mobile has not yet detailed the security measures it is taking with its mobile commerce initiative. Security remains one of the most significant issues concerning mobile commerce. Without adequate security, consumers will find their financial information at risk of theft and exploitation. In other parts of the world, concerns regarding security have served to stymie the progress of the mobile commerce industry and keep many consumers away from mobile payments entirely.

Windows Phone 8 launches with NFC capabilities

 Windows Phone 8 includes NFC technology

Android and iOS may hold sway over the majority of the mobile market, but Microsoft is keen to re-establish itself as a major contender with the launch of Windows Phone 8. The new smart phone, which was launched earlier this week, may not have received the same fanfare that usually accompanies the launch of an iPhone, but it has still managed to generate a great deal of buzz in the mobile technology world. Much of the interest Windows Phone 8 is receiving is thanks to its use of NFC technology.

Microsoft sees potential in NFC

Microsoft has brought NFC technology to the Windows Phone platform in order to address growing demand for the technology amongst consumers. Microsoft does not share the same concerns as Apple regarding NFC technology and believes that it can be used to provide better services to consumers. Thus, Windows Phone 8 boasts of several features that are based on the technology, such as a mobile wallet that will serve as a platform for mobile commerce.

Wallet application serves as a commerce hub for consumersWindows Phone 8

The Windows Phone 8 Wallet, as it is called, provides consumers with a wide range of services. Through the Wallet, consumers can store boarding passes for trips, loyalty rewards from retailers, movie tickets and other such materials on a single platform. This digital information can be accessed and used at any time. The Wallet is also able to store the financial information of a consumer, allowing them to make purchases for goods and services using nothing more than their Windows Phone 8.

Windows Phone 8 able to interface with Android platform

While Windows Phone 8 boasts of many features that have won favor of consumers, it is the device’s NFC capabilities that may solidify it as a favorite amongst the tech-savvy. By adopting NFC technology, Microsoft is putting the Windows Phone 8 in direct competition with Google’s Android platform. The company, however, is not keen to shut out Google in any way. In fact, Windows Phone 8 is able to interface with any version of the Android platform that supports NFC technology, allowing the two platforms to share digital information in a seamless manner.