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Proximity Payments

Published by: Jupiter Research Corporation

Published: Jul. 30, 2004 - 26 Pages


Table of Contents


1. Notable Proximity Payments Programs Worldwide


2. Payment Networks Bringing Divergent Players Together


3. Suitability of Proximity Payments for Selected Merchant Types


4. Aspects of Proximity Payments that Interest Consumers Most


5. Path to Transaction Volume and Revenue Through Investment


6. Potential Migration Scenarios and Resulting 2009 Sales Volume


7. Growth in Proximity Payments Card Issuance, 2004 to 2009


8. Potential Sales Volumes for Differing Migration Scenarios, 2004 to 2009


9. Converted Cash Transactions as a Portion of Total Proximity Payments, 2004 to 2009


10. Revenue Breakdown of Overall Converted Cash Transactions, 2009


Abstract

With extensive press coverage for RFID technology, success in Asia, and pilot programs in the US, proximity payments are top of mind with payment networks as a source of growth. Card issuers should closely monitor the commitment from payment networks in building the merchant infrastructure. Widespread adoption and achieving ROI will be difficult. Telcos must ensure interoperability and determine the revenue opportunities available to them in payment network-driven programs.

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