M-payments with a J2ME application

The push for m-payments with a downloadable application has a lot to do with the push for mobile broadband services by the carriers and the deployment of mobile broadband networks in order to support such services. Carriers are enticing users to use such services which means that users become more familiar with downloading things into the mobile and at the same time (thanks to faster mobile networks) the user experience is faster and more pleasant.

As a result, according to M:Metrics (http://www.mmetrics.com/) a company that generates mobile market data,. 30.7 % (2.4 M users) of owners of the top ten multimedia mobile phones have accessed mobile applications or downloaded mobile content (that percentage is almost 50% for RAZR owners).