Free press releases distribution network?

Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Driving Convergence of Mass Transit and Banking Markets Using Contactless Smart Cards - The use of contactless smart cards in mass transit and banking applications has grown considerably over the past few years in the Asia Pacific region
Driving Convergence of Mass Transit and Banking Markets Using Contactless Smart Cards

 

PRZOOM - /newswire/ - Singapore, Singapore, 2008/07/17 - The use of contactless smart cards in mass transit and banking applications has grown considerably over the past few years in the Asia Pacific region.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering E-commerce Solutions Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Convergence between these two applications can bring greater benefits and efficiencies for issuers as well as consumers.

New analysis from Frost & Sullivan (smartcards.frost.com), Strategic Assessment of the Asia Pacific Smart Card Mass Transit and Payment Markets, reveals that the time is ripe for issuers in both industries to consider working together with merchant outlets and retailers so that all parties can gain from a multi-application platform.

"Contactless smart card technology is able to provide this common platform and can be designed to create a balance between security and commercial application," notes Frost & Sullivan Industry Analyst Michelle Foong. "The market in Asia Pacific is ready for this convergence in many countries, and some are already in the process of convergence to reap the benefits of multi-application."

However, readers and cards used within the mass transit and banking markets may not always be interoperable and based on common protocols. Their backend systems and infrastructure are often not linked, making interoperability a short-term restraint for the market.

"Retailers and merchant outlets need to have a common platform of readers and terminals to accept cards from a variety of issuers, be it from transit agencies or financial institutions," says Foong. "This has not happened in most cases and it will take some time before all the readers become interoperable."

In order to ensure convergence between the two industries, various parties such as transit agencies, financial institutions, merchants, and card issuers need to work together to create a healthy, efficient, and interoperable eco-system. The contactless smart card infrastructure should also be developed further for this to materialize.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the strategic assessment of the Asia Pacific smart card mass transit and payment markets, then send an email to Sarah Lourdes, Corporate Communications, at sarah.lourdes[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, an overview will be sent to you by email.

Strategic Assessment of the Asia Pacific Smart Card Mass Transit and Payment Markets is part of the Smart Cards Growth Partnership Services Program, which also includes research services in the following markets: World Smart Card Markets, World Smart Card IC Market and World Contactless Smart Card market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership™ empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

Strategic Assessment of the Asia Pacific Smart Card Mass Transit and Payment Markets
P18D

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering E-commerce Solutions Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
E-commerce Solutions articles,
CATCH Visitors via Your Competitors Announcements!


Driving Convergence of Mass Transit and Banking Markets Using Contactless Smart Cards

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Frost & Sullivan | Press Release
Contact: Donna Jeremiah 
+603 6204 5832 djeremiah[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

E-commerce Solutions via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Frost & Sullivan / Company Profile


Read E-commerce Solutions Most Recent Related Press Releases:

Southeast Asia’s E-Commerce Market to Surpass US$25 Billion by 2020 Despite Market Challenges Finds Frost & Sullivan
Dentsu Announces Acquisition by Dentsu Aegis Network of a Majority Stake in Certified E-Commerce Platform Design & Mobile E-Commerce Marketing Agency
Preksh Innovations Private Ltd Introduces Augmented Reality or Visual Commerce Solution for Retail Store
Ansell Launches E-commerce Platform
Vinculum to Showcase Multi-Channel Retail Solutions At eCommerce Africa Confex, 2016
Strategic Sourcing Software Demand Fuels Growth for ProcurePort
Feedonomics Launches Nationwide Partner Program
Customer Demand for Mobile and Omni-channel Service Drives Small Midsized Retailers Toward eCommerce Platforms Finds Frost & Sullivan
Forward View Selected as Bigcommerce Reseller
Aimeos Web Shop Bundle 1.1 for Symfony2 Released

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona

Visit  Triggr & Bloom







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today