Mobile Payment Systems: With or Without Banks

Abstract

The power struggle between mobile network operators and banks has long been considered the main reason preventing mobile proximity payments from becoming a world-wide phenomenon. This Mercator Research Note looks at how the issue can be solved in non-traditional ways.

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Mercator Advisory Group is the leading, independent research and advisory services firm exclusively focused on the payments and banking industries. We deliver pragmatic and timely research and advice designed to help our clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Our clients range from the world' s largest payment issuers, acquirers, processors, merchants and associations to leading technology providers and investors.