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TABLE OF CONTENTS

Chapter I:  Executive Summary  
CHAPTER II: The Payments Value Chain
  2.0  From Barter to Wireless Payments
  2.1  The Four Party Payment System
    2.1.1  Authorization
    2.1.2  Clearing and Settlement
  2.2  Interchange Fees
  2.3  The Coming Paradigm Shift
  2.4  Wireless Payment Platform
  2.5  Changing Consumer Behavior
  2.6  From Paper to Plastic to Cell Phone
  2.7  Broadband Networks are Key
  2.8  Account Funding
  2.9  Payments Evolution
  2.10  The Players
  2.11  Margin Requirements and Competitive Advantage
  2.12  Requirements for Market Growth
  2.13  Regional Development
    2.13.1  Asia
    2.13.2  Europe
    2.13.3  United States
    2.13.4  South America
  2.14  Conclusion  
Chapter III: New Payment Technology
  3.0  Communications and Computing
  3.1  RFID
  3.2  Smart Cards
  3.3  SMS
  3.4  Direct Debit
  3.5  Disintermediation
  3.6  Industry Coordination and Standards
  3.7  Mag-Stripe, Smart Card, or Wireless?
  3.8  Government Support and Regulation
  3.9  Conclusion  
Chapter IV: Applications and Major Players
  4.0  Overview
  4.1  Applications
  4.2  Major Players
    4.2.1    Overview
    4.2.2    Affinity Mobile
    4.2.3    C-SAM Inc.
    4.2.4    Maybank
    4.2.5    Mint Inc.
    4.2.6    Mobipay
    4.2.7    MoreMagic
    4.2.8    MTN MobileMoney
    4.2.9    Nordea -- Mobile Cash
    4.2.10  NTT DoCoMo
    4.2.11  Paybox.net AG
    4.2.12  Qpass
    4.2.13  Simpay (A Post-Mortem)
    4.2.14  SMART
    4.2.15  SVC Financial Services
    4.2.16  Systems@Work
    4.2.17  Upaid
    4.2.18  Valista
    4.2.19  ViVOtech  
Chapter V: Market Projections
  5.0  Consumer Awareness Trial and Usage
  5.1  Assumptions and Methodology
  5.2  Who will be the big winners?
    5.2.1  Wireless Carriers
    5.2.2  Banks and Credit Card Companies
    5.2.3  Retail Merchants
    5.2.4  Content Providers
    5.2.5  Transportation
    5.2.6  Equipment Suppliers
  5.3  Market Projections
    5.3.1  Wireless Top-Up
    5.3.2  Digital Content
    5.3.3  Wireless Information Services and Internet Browsing
    5.3.4  Transit Systems and Vending
    5.3.5  Retail Point of Sale
      5.3.5.1  Near Field Communications (Micro-Transactions)
      5.3.5.2  Over the Air (Macro-Transactions)
    5.3.6  On-Line
    5.3.7  Person-to Person Money Transfer

LIST OF FIGURES

  2.1   How A Purchase Is Made
  2.2   How A Merchant Gets Paid
  2.3   Mobile Payment Procedures
  5.1   Prepaid Wireless Revenues -- Worldwide -- 2004 to 2010
  5.2   Worldwide Handset Based Top-Up -- 2004 to 2010
  5.3   Digital Content -- 2004 to 2010
  5.4   Wireless Information Services -- 2004 to 2010
  5.5   Transit and e-Purse -- 2004 to 2010
  5.6   Wireless Phone-Based Transit and E-Purse -- 2004 to 2010
  5.7   Wireless Macro-Payment at Retail -- 2004 to 2010
  5.8   Consumer Internet Sales -- 2004 to 2010
  5.9   Wireless Internet Payments -- 2004 to 2010
  5.10  International Remittances -- 2004 to 2010
  5.11  Wireless Person to Person Transfers -- 2004 to 2010

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