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Highlights - Mobile Payment: The Evolutionary Revolution

Talkat DLD 2014 · 2014-01-19..01-21· [payments-and-fintech]
links:none on file
name:B.Rooney
links:none on file
slides:none on file

Claims that mobile payments must combine risk management, payment processing and full bank workflows to work and predict 80% of transactions on mobile within five years. Cites early stats showing 25–30% faster checkout at retail and argues mobile can cut electronic payment costs. Positions NFC as persistent and frames Beacons and Bluetooth LE as replacements for QR codes focused on location-aware, value-added and cumulative payment services.

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