Date Added: Nov 2009
There has been a lot of recent activity in the market around mobile payments with many pilots and live applications being launched around the world. For those who remember, there was similar activity at the turn of the millennium when there were also predictions of aggressive growths in mobile payments. However this growth did not materialise and mobile payments have in fact largely remained an undelivered promise for more than a decade. While the attraction of mobile payments is widely recognised there are some key development areas that must be given attention to make mobile payments a success.