MMT 2010 Conference & Expo (MMT2010)
Venue: Dubai, UAE
|Event Date/Time: Oct 25, 2010||End Date/Time: Oct 27, 2010|
|Registration Date: Sep 21, 2010|
|Early Registration Date: Sep 20, 2010|
The evidence is compelling â€“ US $5bn revenues, a US $600bn market, millions of loyal customers
Domestic and cross border mobile money transfers are expected to yield over US $5 billion in revenues globally by 2013*. But thatâ€™s just a drop in the ocean of the international remittance market valued by the World Bank at US $600 bllion today (including formal and informal remittances). While no-oneâ€™s been able to quantify the value of domestic transfers, one thing we do know is that Safaricomâ€™s M-PESA attracted 7.6 million customers, and that domestic transfers are almost 10 times as common as international.
Mobile Money is the killer app in the mPayment suite
New mobile money initiatives are being announced
worldwide on a daily basis â€“ 70% of new mobile payments initiatives in the last 6 months have been in MMT*. Not NFC, not mobile commerce, but specifically MMT.
Thereâ€™s only one independent global conference with a laser beam focus on mobile money: Clarionâ€™s MMT10 and our associated MMT Africa, MMT Americas, MMT APAC,and MMT Southern Asia shows.