Mobile commerce in the United States will have three Mobile commerce products, each with similar features, similar benefits, similar functions. However, all three have different sets of partners, operate on at least two different types of networks, and will certainly have three different delivery systems. It’s like a triangular boxing ring with the boxer in … Continue reading Google, Mastercard, VeriFone, and (Many) Others Create a Third Mobile Commerce Format
Combining Payments and Loyalty Programs
The first pictures of the Isis mobile wallet are probably many months away from being released to the public. No, the image on the left is neither from Isis nor endorsed by Isis, but it has merit based on recent public statements from the company. Last week, two executives on the Isis management team discussed … Continue reading Combining Payments and Loyalty Programs
Will Mobile Payments Become a Format War?
It is called a “Format War.” Two or more companies with different products compete for your attention. Of course, as a consumer, you get to choose the product you want. If you don’t like it, certainly you are free to switch to another product. However, since companies know this, they can make it incredibly cumbersome … Continue reading Will Mobile Payments Become a Format War?
The SmartPhone Wallet is Now Available
A torrent of advertising and promotional marketing is heading your way to try to get you to use new services on your SmartPhone at retail stores. Perhaps you have already seen some, or signed up for some. At stake is the future of the credit card system that moves over $11 Trillion per year from … Continue reading The SmartPhone Wallet is Now Available
How Carrier Consortium Could Challenge Visa and MasterCard
Washington at Yorktown. Grant at Vicksburg. Abbott at San Francisco? Michael Abbott is the new CEO of the joint venture announced yesterday by AT&T Mobility, T-Mobile USA and Verizon Wireless. The name of the venture is ISISTM and their primary charter is building a national mobile commerce network that aims to “fundamentally transform how people … Continue reading How Carrier Consortium Could Challenge Visa and MasterCard
PayPal and VeriFone: Subtle Announcement, Sweeping Implications
Enjoy your holiday shopping this year; it could be the last time you reach for your wallet to pay for all of those gifts. A week ago, conventional wisdom would have dictated that Americans would need to wait at least five years before such a reality were even possible, never mind widely available. On October … Continue reading PayPal and VeriFone: Subtle Announcement, Sweeping Implications
DIY CyberGuy with David W. Schropfer 