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Mobile Payments Surging Ahead with Opportunities in Emerging Markets

In the last five years, markets with mobile payment offers have matured with a variety of players entering the industry value chain and new services being launched. Initially, there was a race to enter the market and a strong rivalry between different technological propositions that would facilitate mobile transaction channels. Today, we observe that, in many national markets, only one or two dominant mobile payment platforms (e.g. the paybox platform in Austria) have prevailed, and key issues now being addressed include cross border interoperability and standardization.  more

Related Tags: mobile-payments, near-field-communication, m-banking, tim, itu, , ovi