To me its not so much will Apple crush Nokia, which it probably will, but will alternate consumer point of sale systems provided either through access to carrier billing systems, through device providers via NFC or through existing consumer credit card relationships like Starbucks kill a big portion of the credit card industry’s business model?
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Tag Archives: Boku
Apple, NFC and the mobile wallet
Mobile payment seems to really be heating up. The stories are flowing and everyone is starting to get the picture that mobile payment/commerce is going to be the next big thing.
Read moreAT&T and Sprint: mobile payment
AT&T and Sprint both announce new mobile payment solutions in the US. The mobile commerce/payment market is expected to be worth $633B by 2014, so its a huge opportunity anyway you look at it. However, when you add virtual goods into the mix and alternative “currencies” things really start to heat up.
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February 1, 2011 