Comments
How MasterCard Is Pushing Mobile Payments Ahead
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Nathan Golia
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Nathan Golia,
User Rank: Author
2/27/2014 | 9:50:18 PM
re: How MasterCard Is Pushing Mobile Payments Ahead
Only a limited number of large brands currently accept mobile payments G Starbucks is the most notable. I wonder if MasterCard can be successful in encouraging popular brands to incorporate mobile payments tech into their stores and get people overall more comfortable with it.
Byurcan
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Byurcan,
User Rank: Author
2/27/2014 | 1:49:26 PM
re: How MasterCard Is Pushing Mobile Payments Ahead
I agree, once the payments ecosystem evolves enough to make mobile payments convenient and widespread, we will see a great shift.
Eyad Hasan
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Eyad Hasan,
User Rank: Apprentice
2/27/2014 | 1:03:05 PM
re: How MasterCard Is Pushing Mobile Payments Ahead
The value of mobile based businesses will start showing its effect and influence in few years. The ecosystem is still under development following try and error approach and seeking to establish a base. Institutions that are contributing into this model will be the leaders in the market.
What MasterCard is doing in this direction will change the face of MasterCard and will underline and boost its future. Good Luck
Eyad Hasan
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Eyad Hasan,
User Rank: Apprentice
2/27/2014 | 1:03:05 PM
re: How MasterCard Is Pushing Mobile Payments Ahead
The value of mobile based businesses will start showing its effect and influence in few years. The ecosystem is still under development following try and error approach and seeking to establish a base. Institutions that are contributing into this model will be the leaders in the market.
What MasterCard is doing in this direction will change the face of MasterCard and will underline and boost its future. Good Luck
Jonathan_Camhi
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Jonathan_Camhi,
User Rank: Author
2/26/2014 | 8:37:22 PM
re: How MasterCard Is Pushing Mobile Payments Ahead
Well the MasterPass in-app payments could have a big impact in the U.S. right away I think. Giving the retailers the ability to provide mobile payments in their own apps could be an interesting starting point for spreading awareness and adoption of mobile payments.
KBurger
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KBurger,
User Rank: Strategist
2/26/2014 | 6:55:17 PM
re: How MasterCard Is Pushing Mobile Payments Ahead
Let's hope the US banks (& other players) will be smart enough to study how this plays out in other markets and then are able to adopt best practices and potentially leapfrog the more established players. It would be a waste to simply assume, "it's different here."
bob_graham
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bob_graham,
User Rank: Apprentice
2/26/2014 | 5:16:35 AM
re: How MasterCard Is Pushing Mobile Payments Ahead
I agree with adoption in Europe first as the US market is still behind. I think it is a step in the right direction for providing a multi card wallet that stores data in one secure place. So this helps simply the consumer side transaction, addresses security concerns and should make it easier for merchants.
bob_graham
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bob_graham,
User Rank: Apprentice
2/26/2014 | 5:16:35 AM
re: How MasterCard Is Pushing Mobile Payments Ahead
I agree with adoption in Europe first as the US market is still behind. I think it is a step in the right direction for providing a multi card wallet that stores data in one secure place. So this helps simply the consumer side transaction, addresses security concerns and should make it easier for merchants.
KBurger
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KBurger,
User Rank: Strategist
2/25/2014 | 6:59:44 PM
re: How MasterCard Is Pushing Mobile Payments Ahead
It seems like a lot of these moves are going to have traction first in non-US markets, altho I guess some of them could be applicable in any market. But overall it makes me wonder (again) about adoption of mobile payments capabilities in the US. And also (again) about where banks are going to fit into these developments.


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