GiroGo in Germany is an example of a strategic attempt to defend a bank’s market share and dominate the future payments landscape. Using this service, German savings banks can offer a mobile checkout to small and/or mobile merchants, based on an App called Kasse2Go which transforms NFC-enabled smartphones into mobile PoS. But will the bank-dominated scenario prevail in the future of mobile payments?
CSR refers to the “context-specific organizational actions and policies that take into account stakeholders’ expectations and the triple bottom line of economic, social, and environmental performance” . In other words, businesses assume responsibility through these CSR actions and policies for the community they belong to . In the case of video gaming, CSR policies refer to those measures that help prevent or treat problematic use and are initiated by members of the gaming industry rather than official authorities or from those within the game playing community. As a first step for any organisation looking to participate in the mobile payments market, we recommend a Five Forces assessment of market participants and driving forces across related industries, to gain a broad view of the market developments. Examination of service or product substitution and the level of competitive pressure should reveal potential threats, which will be of crucial importance to challenge your own positioning in the industry and within the payment value chain.
They found that – if properly enforced – the “shutdown system” could indeed effectively control time spent gaming. Namely, it significantly diminished the user experience, made gamers upset and unsatisfied, and as a result, they wanted to play more immediately after being forced to stop. The authors also emphasized that this measure is a “one-size-fits-all-games-and-players solution” that fails to recognize both the structural properties of games and the individual differences between gamers (e.g., those being at risk of problematic gaming and those playing in a healthy manner). Video game-related regulations in the Western world are mainly limited to the rating systems evaluating content and age-appropriateness rather than overuse. More specifically, there is, for instance, the Pan European Game Information rating system operative in Europe or the one established by the Entertainment Software Rating Board used in North America have a peek at this web-site https://www.daily166.com/
The picture was similar for smartphone-based payments to replace debit and credit cards. First, an embodiment of a micropayment method using a portable communication terminal according to the present invention will be described with reference to FIGS. Figure 3 virtually illustrates the operation of the present invention in a particular company in order to look more practically one embodiment of the method of the present invention. The operation of the micropayment method using the portable communication terminal according to the present invention implemented by the system of the present invention configured as described above will be described with reference to FIGS. The second receiving unit 122 receives the merchandise information and the payment amount information of the merchandise from which the first mobile terminal 110 has accepted payment from the sales server 140. [ Preferably, the second receiving unit 122 and the sales server 140 are connected to each other via a wired / wireless communication network.
Subsequently, the mobile carrier 9 charges the approved amount of money in the user’s mobile terminal call rate. In developing countries mobile payment solutions have been deployed as a means of extending financial services to the community known as the “”unbanked”” or “”underbanked””, which is estimated to be as much as 50% of the world’s adult population, according to Financial Access’ 2009 Report “”Half the World is Unbanked””. The use of mobile payments in developing countries has attracted public and private funding by organizations such as the Bill & Melinda Gates Foundation, United States Agency for International Development and Mercy Corps.
By taking the Fast Adopter position, the company should observe the mobile payment market closely and invest in a few promising and innovative technology solutions . Be alert about market developments and be prepared to move fast if the mobile payments market accelerates.