Not hot in 2013: mobile payments
1 December 2012 by Steve Blum
business, finance, mobile, mobile commerce, venture capital, Wireless Communications Alliance
business, finance, mobile, mobile commerce, venture capital, Wireless Communications Alliance
“Mobile payments is like waiting for Godot,” said Omar Javaid, managing director of BBO Global, speaking at a recent What’s Hot (and What’s Not) in Mobility 2012 forum in Mountain View. “Every year is the year of NFC but it never happens.” The problem, he says, is that processing payments is a system play. It’s a space that’s controlled by a few big players and they’re not very interested.
Quinn Li, managing director of Qualcomm Ventures, agreed.… More