Welcome!

Java IoT Authors: Liz McMillan, Craig Lowell, Carmen Gonzalez, Elizabeth White, Pat Romanski

News Feed Item

Mobile Payments, E-Money and Mobile Credit in Japan



 

 

 

LONDON, Aug. 18, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report:

Mobile Payments, E-Money and Mobile Credit in Japan

https://www.reportbuyer.com/product/2200960/Mobile-Payments-E-Money-and-Mobile-Credit-in-Japan.html

Electronic money (e-money) and mobile payments started in Japan 1999 - about 10 years ago, and are growing exponentially. Both mobile payments and e-money are substantial parts of Japan's economy today, and a substantial part of payment transactions and money in circulation are e-money including mobile phone based e-money.

This report includes a large number of statistics and usage data and projections out for growth expected for the next years. The report explains case studies and business models, which are successful in Japan and which can also be applied to other markets elsewhere in the world. The present report gives a comprehensive overview of the variety of mobile payment services in operation in Japan, explains in detail how several proven mobile payment systems work, and explains the trends for mobile payments, transactions and mobile credit. The report describes the fundamental shift of paradigm occuring in the wireless communication industry and driven from Japan. This report includes descriptions of the newest electronic money systems, including SUICA, PASMO, Nanaco, VISA-Touch, WAON and more.
Executive Summary: Mobile Payment and keitai credit - disruptive innovation

Mobile payments and keitai credit

Market dynamics
The competitive landscape for e-money, mobile payments, and keitai credit in Japan (chart)
Prepaid ecash
Postpaid keitai credit
Wallet phones create a new layer in the credit business landscape (incl chart)
Mobile payments and keitai credit as disruptive innovation

Mobile payments as aew business models for the mobile communications industry

Why are new business models needed for mobile communications?
DoCoMo's invstment in credit card companies: building new business models

DoCoMos investment in credit card companies
Credit card payments are a much bigger market than mobile communications (graphic comparing Japans mobile communications market with Japans credit card payment market since 1990 with projection to 2010)
Japans credit card payment and cash advance market (pie chart showing market shares of credit card companies)
DoCoMos investment in credit card companies: implications
Overview of DoCoMos recent strategic investments beyond the wireless communications field
DoCoMo's new iD credit brand

Overview
iD - trends and significance
iD POS terminal including usage estimations
POS terminal for iD
ATM in convenience store with iD and Edy/Felica terminal
Felia reader for bank ATM
DoCoMo's strategy

iD - strategy
DCMX Credit Card brand

Overview
branding strategy and introduction campaign
trends and risks
DCMX on the i-mode menu
KDDI The Card

Overview
KDDI The Card and Quicpay
KDDI money program
SoftBank Card

Overview
QuicPay and the mobile payment promotion forum

QuicPay Overview
The mobile payment promotion forum: overview, purpose and history, list of stearing committee member companies, list of founding members, list of companies
considering to join
QuicPay prototype (2004)
QuicPay demonstration (2005) purchasing music online
QuicPay market introduction campaign and marketing message
SmartPlus and Visa-Touch

SmartPlus Overview
Visa Touch Overview and usage numbers
e-money in Japan

Japan's major e-cash systems
Why electronic cash?
National introduction of ecash
Ecash is private business in Japan
Requirements for electronic cash
Legal situation and legal basis of ecash in Japan
Ecash replacing coins in Japan, overview of coin circulation in Japan
EDY Electronic Cash

What does the name Edy mean?
Edy overview
Edy timeline and history
Edy in FeliCa wallet phones: demonstration of basic functions - checking the balance, paying
Cash register (POS) with Edy reader/writer
Edy charger: loading cash into Edy
Usage statistics: number of Edy cards issued (2001-2005, with projection to 2010)
Usage statistics: number of Edy transactions per month (2001-2005, with projection to 2010)
Usage statistics: number of Edy transactions per card and per month (2001-2005, with projection to 2010)
Rakuten Edy KK (formerly BitWallet KK)

Company outline
Shareholders and equity ratios
Electronic cash at retailers - Seven-Eleven: Nanaco

Outline
JAVA application version for mobile phones and mobile payment
main menu of electronic money JAVA application
Comparing card and mobile phone version for electronic money
Marketing message at introduction
POS
Customer relationship management (CRM)
Nanaco: main characteristics
Electronic cash at retailers - Aeon Group: WAON

Outline
Marketing WAON
Kids' WAON
Why does AEON issue WAON
Tokyo-Mitsubishi mobile banking and link to Edy

Mobile banking and transactions
Tokyo-Mitsubishi mobile banking, with demonstrations of content and basic functionalities and user experience
Edy and mobile banking, with demonstrations of content and basic functionalities and user experience: transfering cash from the bank account to Edy on the mobile phone
Edy and mobile banking: viewing the transaction record (user experience)
Mobile consumer banking and ecash
i-Mode and mobile FeliCa wallet phone examples

AM/PM convenience stores
Payment with Edy and wallet phone at the point of sale (POS)
Customer relationship management with FeliCa wallet phones
Customer Club experience via FelIca wallet phone (mobile CRM)
Ticket Pia
Electronic mobile event tickets
Edy and mobile Felica wallet phone partner: All Nippon Airlines ANA

Customer relationship management (CRM) and mileage club for Edy and wallet phones
JAL - Japan Airlines
FeliCa and Mifare

Overview and system description
Felica chip and NFC antenna
Felica and Mifare (example: London's Oyster card)
SONY and NXP joint venture
FeliCa Wallet phones: What are wallet phones and why

How many wallet phones are there in Japan? (graphics for DoCoMo wallet phones, and all operators, data for 2004-2007 with projection to 2011)
Wallet phone system overview
Overview
Example: P506iC (introduced on July 10, 2004)
i-Mode Felica transaction partners
Why wallet phones, what are wallet phones
DoCoMo i-Mode Felica wallet phone description
Schematic overview of the i-Mode Felica System
Why wallet phone
Trends of mobile communications, phases of development
Mobile phone - stages of development
Implications for the mobile carrier
Business models and the FeliCa/mobile FeliCa ecosystem

Overview
Business models and the FeliCa/mobile FeliCa ecosystem
Graphical view of the ecosystem, including a schematic presentation of revenues for DoCoMo and the key players
Japan's mobile internet as a platform for mobile payments

Mobile payments today in Japan
The i-Mode Ecosystem
Mobile internet penetrates Japan (graphics showing mobile internet subscriber numbers for 1999-2005)
Todays 3G i-Mode in a nutshell: users pay for content
M-commerce, mobile payments and mobile transactions

Japans mobile internet supports a range of m-commerce and m-transactions
Mobile mail order, e-commerce and m-commerce (market size estimations: 1998-2010)
Payment for mobile content: mobile music

Overview of mobile music market
Mail order via mobile internet: Online purchasing, mobile shopping malls

Online purchases by mobile phone
Examples of most effective mobile commerce
Commerce features unique to mobile phones
M-commerce: shopping by mobile phone
Examples of mobile phone online bookstores
Examples of mobile phone online music stores
Mobile shopping mall
Event tickets by mobile phone, example of leading mobile store
Selling flowers by mobil phone
Mobile auctions

Overview
AU auctions via mobile phone
AU auctions
DoCoMos Auction strategy: strategic investment in online and mobile auctions

Overview
KDDI/AU's mcommerce initiatives

Overview
AU shopping and auction menu
AU shopping
Au auctions via mobile phone
AU records and EZ music store
AU style
Phones as train tickets: SUICA

Overview
Mobile SUICA
SUICA users: (graphics for 2001-2007 with projections to 2008,
number of SUICA cards, number of monthly train passes vs prepaid fare cards, number of combined SUICA and credit cards)
SUICA as ecash in competition to Edy
Reserving and paying with mobile phone for train travel: example - ExpressCard

Overview of the ExpressCard
Table of key data, market size, usage characteristics, and sales volume estimation
ExpressCard mobile selling system description
Seat reservation and purchase via PC internet site
Seat reservation and purchase via mobile phone, screen image of top menu
Mobile reservation, and purchase site, login screen image and description
Researvation and purchase sequence, screen images
Paper ticket issue of tickets purchased by mobile phone
Estimation of market size
Comparing mobile transport payment in London and Tokyo: why does it take Transport for London at least 10 years to reinvent the mobile payment wheel?

Comparing Oyster and Suica
Reserving and paying with mobile phone for train travel: example - Odakyu romance car club

Overview of the Odakyu romance car club
Mobile reservation, and purchase site, login screen image and description
Researvation and purchase sequence, screen images
Summary
PASMO

Overview: PASMO
Marketing
Bar codes and QR codes to pay bills

QR codes for paying bills at a convenience store
Paying bills by mobile phone
Mobile bill paying system
DoCoMo coin

Overview of DoCoMo coin system
Summary: Mobile payment, e-money and keitai credit



Read the full report:
Mobile Payments, E-Money and Mobile Credit in Japan

https://www.reportbuyer.com/product/2200960/Mobile-Payments-E-Money-and-Mobile-Credit-in-Japan.html

For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com

 

SOURCE ReportBuyer

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, discussed why and how ReadyTalk diverted from healthy revenue and mor...
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Businesses and business units of all sizes can benefit from cloud computing, but many don't want the cost, performance and security concerns of public cloud nor the complexity of building their own private clouds. Today, some cloud vendors are using artificial intelligence (AI) to simplify cloud deployment and management. In his session at 20th Cloud Expo, Ajay Gulati, Co-founder and CEO of ZeroStack, will discuss how AI can simplify cloud operations. He will cover the following topics: why clou...
"Dice has been around for the last 20 years. We have been helping tech professionals find new jobs and career opportunities," explained Manish Dixit, VP of Product and Engineering at Dice, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and sh...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
We are always online. We access our data, our finances, work, and various services on the Internet. But we live in a congested world of information in which the roads were built two decades ago. The quest for better, faster Internet routing has been around for a decade, but nobody solved this problem. We’ve seen band-aid approaches like CDNs that attack a niche's slice of static content part of the Internet, but that’s it. It does not address the dynamic services-based Internet of today. It does...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web ...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.