Release Date

2Q 2009

Product Code

VM-MPPV-101

Price

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ABI Research evaluates vendors on the basis of Innovation and Implementation by selecting multiple criteria related to product/company characteristics that serve as proxies for the vendors' performance in these two areas. Vendors are assigned numerical scores that are aggregated and analyzed to provide overall rankings for each vendor on the Innovation and Implementation axes.

For the evaluation of mobile person-to-person payment vendors, relevant criteria for implementation included: bank relationships, MNO relationships, money transfer organization relationships (Western Union, MoneyGram, etc.), card payment companies relationships (Visa, MasterCard, Discover, etc.), solution breadth (does it incorporate SMS, mobile Internet, or downloadable applications?), complementary products, partnerships, and financial/organizational health. For innovation, relevant criteria include SMS functionality and security, mobile Internet functionality and security, and downloadable application functionality and security.

Vendors receive a “rating score” for each ABI Research–defined criterion under Implementation and Innovation. These scores range from 0-100 and are based on available information as well as ABI Research assumptions. The number of criteria for Implementation and Innovation may vary; however, this does not impact vendor ranking.

The rating scores assigned for each criterion are added to determine a “raw total score” for Implementation and Innovation. A mathematical formula is then applied to adjust for the 0-9 rating system and the number of criteria so vendors can be positioned along the x- and y-axes (with a maximum score of 100 for Implementation and Innovation). The mathematical formula does not impact vendor ranking. There is also a weighting system used, so different criteria carry different weightings.