India Mobile Payment Stocks Snapshot
Research In Motion (doing business as BlackBerry) (NASDAQ:BBRY) (BB.TO) is trading at 14.73, down 0.40 (2.68%), with a morning high of $15, 05. According to Mobile World Live, " India's PVR Cinemas has launched the country's first NFC-based mobile payments system, according to Information Week. The event was designed to coincide with the availability of the new BlackBerry 10 platform. The NFC system will initially only work with BB10-based smartphones."
Calpian, Inc. (OTCQB: CLPI), trading at $2, 00, reported in mid -March that, as of February 28, 2013, the Money-on-Mobile service offered by its Indian subsidiary is now being supported by over 126,200 retail locations, increased from 122,340 on January 31, 2013, and accessed by approximately 39.5 million unique phone number customers, up from the 35.8 million reported from the previous month. The February 2013 processed transaction volume, measured in Indian rupees, was 661 million INR - an approximate 24 million increase over January 2013 processed volume. At current exchange rates, February processed transaction volume was approximately $12.2 million.
According to Calpian CEO, Harold Montgomery, "Despite the fact that February was a short month, we are pleased to see continued growth in both usage and processed transaction volume during this time. In fact, in February, Money-on-Mobile experienced even greater monthly growth than we've seen in previous months - a true indication that Money-on-Mobile is becoming entrenched in the daily lives of Indian consumers."
Citibank, a subsidiary of Citigroup, Inc. (NYSE:C) is trading at $43.28, down 0.83, with a high of $44.10. Citibank India announced earlier this year the launch of a fully integrated and certified mobile payment solution in India and across the Citigroup network, globally. The mobile payment solution, developed by Citi's partner Ezetap Mobile Solutions, allows for more than 320 million card customers in India to make payments through their debit and credit cards at the point of payment. The secured paperless transaction not only does away with managing charge slips but also combines the many benefits enjoyed by Citibank card customers, including instant redemption of reward points, accelerated rewards as well as the ability to opt for the popular EMI payment option while using this new payment alternative. Merchant partners using this device for customer payments and collections will be given real time information during the payment and collection process, providing an integrated, secured and efficient receivables payment solution.
Investors can research more mobile payment stocks with Investorideas.com stock directories
*article sourceS: http://www.telecomlead.com/mobile-vas/whats-ailing-mobile-commerce-in-india-16642/
http://www.mobileworldlive.com/india-launches-first-commercial-nfc-payments-report
About InvestorIdeas.com: Investor Ideas for global investors; invest in what you like!
www.InvestorIdeas.com is a meeting place for investors and public companies in leading sectors. Find investing ideas in biotech stocks, tech and mobile stocks, mining stocks, oil and gas, water stocks, renewable energy, beverage stocks, defense stocks, nanotech and more on TSX, OTC, NASDAQ and global exchanges.
The Investor Ideas newswire is a news source on Google news, Google Currents and Linkedin.com/Today news. Investorideas.com newswire is now available as a free mobile app for iPhone orAndroid. Go here or here for link
Follow Investorideas.com on Twitter
Follow Investorideas.com on Facebook
Follow Investorideas.com News on Linkedin.com/today
Sign up for free stock alerts at Investorideas.com
Become an Investorideas.com Member and access our online stock directories listing thousands of publicly traded stocks in over 14 leading sectors
Article source: http://www.prnewswire.com/news-releases/organic-food-global-industry-guide-200034871.html
Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. Disclosure: CLPI has compensated Investorideas, com for news publication and content marketing and distribution-five thousand per month and 144 shares http://www.investorideas.com/About/Disclaimer.asp
This site is currently compensated by featured companies, news submissions and online advertising.
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
800-665-0411 - Source - www.Investorideas.com
No comments:
Post a Comment