There’s a revolution under way, and this one’s not being agitated by the working class, although they certainly have their part to play. It is being waged by banks, cellphone providers and entrepreneurs hoping to capitalise on a mobile commercial market that is estimated will be worth more than US$800bn by 2016 and have more than 400m users
Browsing: Herman Singh
TechCentral’s recent interview with Herman Singh, Commerce is mobile’s fourth wave, is interesting coming in the same week that his employer, Vodacom, was part of a court action to preserve its unreasonably high mobile termination rights arrangement. Vodacom, along with MTN, threw everything it had into
Mobile commerce and associated digital services will be the fourth big money spinner for mobile operators as the voice, SMS and data waves wane, says Herman Singh, managing executive of m-commerce at Vodacom. Indeed, m-commerce could save mobile operators from what Singh calls a “gradual move to commoditisation” of
Vodacom expects demand for data to offset a decline in voice revenues in the next few years, but with the margins on data slimmer and the price of data being driven down by a competitive market, the operator is also hoping so-called “over-the-top” services – content, social networking and financial services are three examples
Vodacom has hired a top expert in electronic payments and financial services to head its mobile commerce division. The telecommunications operator has appointed Herman Singh, formerly head of Standard Bank’s innovation arm, Beyond Payments, as its managing executive for mobile commerce. Singh
Near-field communication, or NFC, is taking the mobile world by storm, with operators and payments companies predicting it will change the way people buy and sell goods, potentially replacing plastic cards and cash at the point of sale
A bubble similar to the dot-com mania of the late 1990s is inflating in the mobile payments industry in SA. And many of companies are going to be hurt when it bursts. That’s the view of Standard Bank director Herman Singh
Futurists have long prophesied the death of cash. Despite this, banknotes and coins still predominate in retail transactions. However, cash’s…