The World of Mobile Payment [Infographic]
The world of mobile payment is starting to look like a game of survivor. Company after Company is jumping into the mobile payment game, trying to get a piece of the $6.2 trillion credit card transaction pie.
What we are witnessing is the birth of a new technology. A large chunk of credit card payments are going to move to the mobile platform and everyone is trying to get into position for maximum profits.
But with any new technology, some companies will emerge as major players and some will be tossed aside. The question is who. Who has the most stable company and who offers the security and ease of use customers are craving?
Right now it’s too early to tell. There’s still a lot of jockeying about. There’s still new companies entering the fray. There are still a lot of mergers and acquisitions to go before the top dogs present themselves.
So who are you putting your chips on?