How Banks Can Avoid the Same Fate as the MVNOs in the Era of Mobile Payments

Mobile payments are gaining ground as a way for the consumer to make easy payments for goods and services. The number of smartphone users worldwide is predicted to grow to over 2.5 billion by 2019. With the growth of smartphones across the globe and the consequential shifting of consumer habits, mobile payments are a natural step beyond plastic cards. Smartphones have become an extension of ourselves; they are always on and we always have them with us. In Q3 20 ...

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