Whether financial services companies grab onto this technology or it remains the purview of the media companies that control the market is still an unknown.
Boston, MA (PRWEB) March 14, 2013
Carrier billing, otherwise known as bill-to-mobile, is a multibillion dollar industry created out of a need to efficiently process micropayments for digital goods purchased online. Traditional payment industry stakeholders have largely ignored this segment, but as the market for digital goods expands, these solutions are poised for expansion. In new research, Carrier Billing: Teeny Tiny Gets Bigger, Mercator Advisory Group explores the potential of payments for digital content, examines what the industry can learn about delivering convenient and safe one-click payments to the mobile masses, and to what extent these solutions can disrupt the industry.
"Whether financial services companies grab onto this technology or it remains the purview of the media companies that control the market is still an unknown. However, we believe that the industry is searching for more real-time money transfer capabilities," comments Patricia Hewitt, director of Mercator Advisory Group's Debit Advisory Service and author of the report.
Major highlights of this report include:
- A taxonomy of leading companies in this market and their relationship to global telecommunication giants and multifaceted digital media companies
- Estimates of consumer spend for digital content
- An overview of carrier billing's business model and primary feature functionality
- Analysis of barriers and potential to expand beyond telecom billers to financial institution partners
This report is 21 pages long and has 10 exhibits.
Companies mentioned in this report include: AT&T, Verizon, Sprint, T-Mobile, Google, Apple, Docomo, Danal, Bango, Bill-to-Mobile, Amazon, Hi-Media, PayPal, Buko, Mach, Zong, Syniverse, and Buongiorno.
Members of Mercator Advisory Group's Debit Advisory Service have access to this report as well as the upcoming research for the year ahead, presentations, analyst access and other membership benefits.
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About Mercator Advisory Group
Mercator Advisory Group is the leading, independent research and advisory services firm exclusively focused on the payments and banking industries. We deliver pragmatic and timely research and advice designed to help our clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Our clients range from the world's largest payment issuers, acquirers, processors, merchants and associations to leading technology providers and investors. Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com.