Monthly Archives: July 2012

Kenya dominating global mobile payments industry, posing monopolistic threat: World Bank

A déja-vu in telecoms? A recent study by the WB rises the main concern for the future of mobile payment networks: monopolistic power may hinder development of interoperability and hence limit competition. via Kenya dominating global mobile payments industry, posing … Continue reading

Posted in competition policy, emoney, Interoperability, Mobile payments, Regulation, Telecommunications | Tagged | Leave a comment

WTO | dispute settlement – the disputes – DS413

Did you know that all credit card payments in China denominated in local currency are processed by only one provider? (China Union Pay). Visa and MC are only allowed to process payments denominated in foreign currency. I first heard about … Continue reading

Posted in competition policy, credit cards, Mobile payments, Regulation | Tagged | Leave a comment

LevelUp shucks the status quo, drops credit card fees

At last, someone got it right! This is the only way mobile payment providers can challenge the established credit card system. The real keyplayers who can push for a paradigm shift with consumers are the merchants, and they will not … Continue reading

Posted in competition policy, credit cards, interchange fees, merchants, Mobile payments | Leave a comment

Inside Apple’s Go-Slow Approach to Mobile Payments

Apple’s Go-Slow Approach to Mobile Payments signals the concerns of many industry major players to embrace fully the new market. It’s worth reviewing the reasons behind it in detail. via Inside Apple\’s Go-Slow Approach to Mobile Payments – WSJ.com.

Posted in Apple, credit cards, mobile commerce, Mobile payments, Mobile wallet, NFC, POS | Leave a comment