Article

  Comment(0)

 
Share:    Email  

Wallet, Wallet Everywhere: Making Sense of the Mobile Payment Wars

Jared Newman

Friday, May 11, 2012 - 06:34

Making Sense of the Mobile Payment Wars. There’s a cold war going on in the technology world. As smartphones become ubiquitous and online shopping grows, tech companies and payment companies are arming themselves for battle over how people pay for things.

There’s a cold war going on in the technology world. As smartphones become ubiquitous and online shopping grows, tech companies and payment companies are arming themselves for battle over how people pay for things.

Their shared goal is to take a hammer to the inconvenience of traditional paper and plastic payments. They want our smartphones to act as electronic credit cards using near-field communication technology. They want online stores to accept a login and password instead of full payment details. Eventually, even our computers may act as payment kiosks, so we can press a phone against a laptop to make purchases online.

Just one problem: So many companies want in on the digital payment revolution that they may have to duke it out with each other before it can happen.

 

Read the full story by clicking the link below
http://techland.time.com/2012/05/11/mobile-payment-wars/
 
Tags: NFC, Mobile Payments, Americas, MasterCard, Mobile Wallet, Visa, Sprint, Google, American Express, Credit Card, Google Wallet

Sponsored Links
 

 

  Article

   Comments(0)

 
Login or register to post comments
[Show comment]

FEATURED EVENTS

Mobile Money Africa 2014Digital Banking Summit
PayExpo 2014 

Stay Connected

 
Sign Up for the Latest in:
 
 
Mobile Money Transfer
Mobile Commerce
Micro Finance
Mobile Technology
EMEA
APAC
Mobile Payments
Mobile Banking
Mobile Marketing
Global
Americas
Company
(*)
 

MOST POPULAR

HEADLINES

1.Mobile payment startup Square plans sale as losses widen: Report
2.The Mobile Commerce Roadmap: MasterCard Takes Initiative
3.Square acquisition rumours raising questions about mobile payment
4.How Africa Beat the West at Reinventing Money for the Mobile Age
5.Is Square Mobile Payments in Trouble?
6.Canadian Startup Tab Launches Elegant Mobile Payments Solution It
7.Blue Rocket Announces The Next Wave of Mobile Payment Technology
8.6 Mobile Marketing Must-Have’s
9.Get ready for digital signatures
10.Mobile wallet marketplace in China adds another key player

FEATURED COMPANIES

MOST POPULAR

BLOGS


 
 

Mobile Financial News from around the web

 
 
 

Inside the DonRiver Network