Mobile payment industry ‘will be chaos’ during early years

Battle between general mobile wallets vs. propietary cards (Starbucks types) to draw the necessary economies of scale. At the end, when the dust settles down, the mobile payments marketplace should resemble the current credit card configuration, with 3 or 4 major networks. But it seems that can take years!

via Mobile payment industry \’will be chaos\’ during early years – ComputerworldUK.com.

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This entry was posted in Banking, Interoperability, Mobile payments, NFC. Bookmark the permalink.

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