Google Wallet launched not so long ago, to a mobile payments ecosystem that is already fragmented and fraught with uncertainty. Instead of proving to be a disruptive innovator in the payments space, Google chose to partner with its entrenched incumbents. Instead of eliminating the point of sale experience altogether, it chose to be overly reliant on NFC at the point of sale, with very little progress to show for it. Continue reading here…
Mobile Payment Advisor & Strategic Alliances in Mobile at Experian. Advisor at ModoPayments. My views expressed on the blog do not reflect views of my employer. I also founded DROP Labs, a mobile payments/commerce strategy and advisory practice focused on banking & retail. In this capacity, I worked with some of the Top 20 banks in US helping them shape their emerging payments strategy. Tweets here. I'm on LinkedIn here.
View all posts by Cherian Abraham