Mobile gaming and commerce has to a large extent taken root in developed/mature markets in Europe or the US, as users become increasingly familiar with carrying out daily tasks, including payments, on their mobiles. Africa however has not had the Internet push experienced by the US and Europe these past 15 years and in many African countries the mobile is often the only gateway to the web, thus offering great opportunities for m-commerce companies.
Prepaid, direct debit, real-time bank transfer, there is no standard definition of an alternative payment is. For the purpose of this report, it is any non-card payment type but the alternatives to standard credit card payments are vast comprise a large variety of schemes.
Asia is both tech-savvy and very poor, the two features thus offering great opportunities for mobile payments and financial services providers. In Africa m-payment services are very rudimentary but they are also flourishing and mobiles are a lifeline to many poverty-stricken Africans who wouldn’t otherwise have any access to financial services of any sort.
From Everything Everywhere (T-Mobile and Orange) and Vodafone to the major US operators such as AT&T, Verizon and internet giants like Google or eBay-Paypal, the big mobile and web players are all preparing the field for m-payments.
Near Field Communications (NFC) are used in a wide range of settings (such as reloading your public transport card) and present obvious benefits for m-payments. iGaming Business's Payments Report provides the overview on NFC.
Payments are an integral part of the igaming experience and possibly even more so for the mobile gambling sector. Aideen Shortt gives an overview of the mobile payments industry, the issues to must to gain wider acceptance and how mobiles are perceived in different regions of the world.
A lot of hype surrounds everything related to mobile and payments are no different. iGaming Business runs through what mobile payments actually entail and the different platforms making headway at the moment.
iGaming Business filmed all the panels and sessions from the iGaming Executive Conference which includes opportunities in Africa, why the brain likes games, how to do major deals in Asia, recent M&A analysis, a cashless society, and eSports.