The mobile payment market in China is expected to grow dramatically in the next two years, with the number of users exceeding 100 million by 2011, according to The Global Times.

IT research firm Analysis International reports that last year there were 72.8 million mobile payment subscribers in China, of which only 27.16 million used NFC-enabled contactless payment. This year, however, that latter number is expected to nearly double to 49.16 million contactless users, pushing the whole mobile payment community past 100 million. 

IE Market Research Corporation has announced the release of its new report, 3Q.2010 Global Mobile Payment Market Forecast, 2010 - 2014.

The report predicts that in 2010 alone, mobile payment users will exceed 500 million. This number is set to grow at a compound annual growth rate of of 20.5% to reach over 1 billion users in 2014, representing $1 trillion in transactions. 

Gemalto today announced it will provide its Trusted Services Management service to support the launch of NFC applications in Thailand.

Gemalto is partnering with KASIKORNBANK, the country’s second largest bank, and with Advanced Info Services, the nation’s largest telecommunications operator, to provide NFC services to Thai consumers such as touch-and-go mobile payment. 

Motorola is working with Tata Docomo and Airtel to launch its parental control service, or iSIM (intelligent SIM) in India, according to telecomyatra.afaqs.com.

iSIM, which has already been launched in Europe, Middle East and Africa with the help of Bipper Communication, is an NFC-enabled Web service that enables parents to manage their children’s use of mobile phones. 

Reportlinker.com has released a market research report on the use of contactless payment stickers in place of built-in NFC phones to make mobile payments.

The report,”Making Contactless Payments Sticky with Stickers,” identifies the key market drivers for contactless stickers and the issues that must be overcome to make them a real, viable solution in the hands of consumers. 

SK Telecom of Korea has signed a Memorandum of Understanding (MoU) with Japanese mobile operators KDDI Corporation and SOFTBANK MOBILE to lay ground for an interoperable contactless payment environment for mobile phone users of Korea and Japan.

By signing the MoU, the companies have confirmed their intent to cooperate on developing a new type of integrated, interoperable NFC mobile card solution, which is expected to bridge the gap between Korea’s Combi card and Japan’s FeliCa mobile wallet solution. 

Colorado-based start up Sentegra has developed a new mobile wallet platform that provides secure mobile payment, authentication and certification capabilities and digital ticketing, according to Mobile Beat.

The “meWallet” system is supported by Sentegra’s “idGadget” line of devices, which the company says are the first NFC products that can both send and receive data with existing NFC products, allowing for real-time interactive communication between consumers and merchants.