Tuesday, February 25, 2014

Best Reading of the Day - Entry 0086 Mobile Payments Revolution?

The people at Mobile Commerce Daily have a good piece on the revolution coming through mobile payments.  The title says a lot:

http://www.mobilecommercedaily.com/payments-companies-will-mobile-end-the-party

Here is a snippet from that piece:

Most multichannel players do a majority of their business offline in their stores but find that online is growing faster than in-store. The payment businesses are categorized into several areas such as issuers, acquirers, processors and others.

What is fascinating is the huge difference in the respective mechanics of how each of these segments creates enterprise value. And, specifically, how mobility disrupts the payments business.

Is mobile technology the silver bullet that has finally arrived which will change the rules and be a catalyst for redistribution of value creation from the payments players to the merchant segment?

Happy reading,

J.W. Gant

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