Mobile Payment 2017: Have Mid-Level Banks Done Enough?

The mobile payment industry is the future of how the consumer wants to pay. If you give that a serious thought, you’ll realize that it's not really about the future but, in fact, our present-day reality. Mobile payments are here and if the banking industry hasn’t done enough, it needs to look into serious investments to target this area of innovation. The industry needs timely action from all conservative mid-level financial institutions in this highly dynamic contest where relatively out-of-the-box players like Apple/Google/Samsung/PayPal and many more small payment companies like Paytm, Airtel, etc. are investing heavily and exploring its potential.

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