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MOBILE PAYMENTS: What's Taking So Long, And Who's Going To Win?

Jan 14, 2013, 19:55 IST

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For many years, technologists, venture capitalists, journalists, and large companies have pined for the era when the mobile phone would become our wallet.

And yet, already five years into the smartphone era, mobile payments are not mainstream.

In a recent report, BI Intelligence lays out the four kinds of mobile payment solutions that currently matter, analyzes the two key problems that any mobile payment solution must solve to break into the mainstream, and maps out potential winners and losers in the mobile payments race.

Access the Full Report By Signing Up For A Free Trial Today >>>

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Here are the four kinds of mobile payment solutions that currently matter:

  • Near-Field Communications (NFC): Where the consumer can pay at the point of sale by waving his phone in front of a terminal. NFC has been overhyped: it's not more convenient than cash or credit, and the many companies who want a piece of NFC are canceling each other's efforts out.

In full, the special report:

For full access to the report on Mobile Payments sign up for a free trial subscription today.

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