Polish banks plan mobile payment system to rival credit cards

Polish banks plan mobile payment system to rival credit cards | Reuters.

After Sweden and the UK, now Poland is following the trend to launch a mobile payment solution by which funds are transferred between bank accounts like a debit card, using smart phone apps. This one is also still to become operational at the end of the year, but the theory sounds promising to infuse a breath of fresh competition to the dominant credit card brands.

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This entry was posted in competition policy, credit cards, Mobile payments, smartphones and tagged . Bookmark the permalink.

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