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Mobile Payments In Space? Get It Right On Earth, First
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Becca L
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Becca L,
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7/9/2013 | 4:28:44 PM
re: Mobile Payments In Space? Get It Right On Earth, First
Hmm, the extent of first world problems can be astounding. While David Marcus worries about who will front the bill for my Space espresso, I'm still on Earth wondering if it's worthwhile to set up Square on my mobileG«™ (Nope)

More to the point, on a recent trip to a city in Spain I had a difficult time finding business willing to swipe a major credit card. I can only imagine the raised eyebrows if I handed over my phone as payment. Sorry David, the industry must learn to walk before it can run.
KBurger
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KBurger,
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7/1/2013 | 3:56:31 PM
re: Mobile Payments In Space? Get It Right On Earth, First
The risk, as they suggested, is that in the effort to protect turf they will let other more aggressive players swoop in and gain the competitive advantage. They are thinking more about "what's in it for me" near/long term and not enough about "what's a good mobile commerce experience, what kinds of functionality and experience do consumers really want [if any]?"
Jonathan_Camhi
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Jonathan_Camhi,
User Rank: Author
6/28/2013 | 8:31:18 PM
re: Mobile Payments In Space? Get It Right On Earth, First
I think in a lot of cases these mobile players just want to collect and control as much consumer data as possible. Carve out their "turf" as the panelists you mention said. They could find lots of ways to capitalize on that data down the road but nobody's figured out a way to get there.


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