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Big Four U.S. Carriers Along With Google and Isis Form Mobile ... By Kellex Big Four U.S. Carriers Along With Google and Isis Form Mobile Payments Committee
Ready for mobile payment systems to take off and become a major part of your life? If today’s newly formedMobile Payments Committee can come together and establish policy and develop a business strategy for the industry, you should start to prepare yourselves for them to be. According to a report out of VentureBeat, the four major U.S. carriers – Verizon, T-Mobile, Sprint, and AT&T – have joined together, along with Google, Isis, Paypal, Verifone, and Intuit, to create the previously mentioned MPC.
This doesn’t mean for a second that Google Wallet is all of a sudden going to be available on all carriers, but it does mean that key players in the industry are starting to realize that they can’t do this alone. With the help of each other, they can establish business relationships that will drive the mobile payment industry forward, work with policy makers to set up industry standards, and most importantly, teach consumers about the benefits of paying with phones.
I just hope this committee actually does something, unlike the Android Alliance. Mobile payments have been around for far too long to not have become mainstream yet. Let’s do it, MPC.
Via: VentureBeat | The Verge
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Mobile commerce gives new meaning to 'payphone' | Star Business ... By admin It's called mobile proximity payments — or mobile wallet — works via NFC (Near Field Communication), and is coming at the perfect time. About five per cent of Canadians were using mobile banking in 2011. The number is expected to climb ... Star Business Club | ||
Winner Of Starbucks-Square Deal? The Mobile-Payments Market By Antone Gonsalves "If Apple threw itself into the market and brought along big retailers with it, then NFC has a chance to suddenly reach critical mass all at once, and the mobile payments market could be in for a big disruption," the Business Insider said in a ... ReadWriteWeb | ||
Momentum for Mobile Payments By Heidi Gigler The rapidly-growing mobile payments industry is expected to more than double in just two years from $171.5 billion to $617 billion in transactions by 2016, according to Gartner. ... know your purchase history and brand preferences (you are tied into the loyalty program), they know where you are (using in-store, WiFi-based location services), they know what's in your cart (using mobile scan-and-bag) and they know how you want to pay (using a mobile wallet, mobile payment, or NFC). Seamless Enterprise | ||
Mobile Payment Goes Mainstream | Myjive By Albert Banks Many observers believed Near field communication (NFC) would be required for mobile payments to be successful. But the lack of NFC in smartphones and the cost of updating point-of-sale equipment has slowed the march towards mobile ... Myjive |
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