Mobile Payments – Collaboration is the Key

By Torbjorn Zetterlund

In theory, the concept of mobile payments has a strong business case, given the high market penetration rates of mobile devices, such as cellular phones and PDA?s, in many parts of the world. In addition, mobile operators and financial institutions, through the use of these devices, envision an attractive way to enable their customers to make payments. On the consumer side, users can reap the benefits of convenience, permitting them to buy goods and services from any location.

See How Fraudsters Can Fake Your Credit Card

Fraudsters rack up millions of dollars in merchandise using fake credit cards with legit numbers hacked off the Internet. Detective Bob Watts of Newport Beach PD shows how it’s done.

Comprehensive information on UAE

One of the most comprehensive pages covering many aspects of UAE:

No Alarming Drop in UAE Workforce

As recession hits UAE too, many employees and employers project a gloomy look.

But is everything truly so disturbing and past hope?

Read the following article published by Gulf News on the Filipino statistics which does give an indication of +/- percentages that might be applicable for other nationalities also.
Asian diplomats: no drop in the UAE workforce

The overall expatriate workforce in the UAE has not dropped drastically, according to Asian diplomats who backed their claims with statistics which indicate an increase for some nationalities in the first quarter of this year.

Mobile payments threaten retail banks / credit cards New non banking payment systems using RFID, mobile devices, personal organisers, mobile phones. Remittances, ticketing, retail payments, passports and travel documents. Paying bills, foreign currency transactions, loan agreements. End of back-end processing for banks. End of credit cards and direct debit cards. Pre-approved loans for purchased goods. Loyalty fees and other transaction payments could create consumer revolution. Threat to traditional retail banking. Will …

10th Annual Cards Middle East 2009

The 10th Annual Cards Middle East 2009 Conference will be held from May 17, 2009 to May 20, 2009 at Al Bustan Rotana Hotel, Dubai, United Arab Emirates.

The region’s dedicated cards & payment event will feature the latest in Cards & Payments, Ecommerce, Retail Solutions, ID Management and RFID and offer Payment innovation for Banks, Retail and Governments.

Reflecting the latest trends and attracting senior level speakers and delegates, this is an ideal event to meet & learn from leaders in the cards and payment industries in the region.

Click Here for more information and registration.