Mobile Payments Not a One-Size-Fits-All Proposition
In this POV, Calvin Grimes, Manager of Mobile Solutions at Fiserv, shares his views on what the eventual end state of the mobile payments ecosystem will look like, and how financial institutions can position themselves now for success in the future.
Mobile banking has evolved beyond the “which mode is best” debate and, in response to consumer preference and demand, most implementations now support all three major access modes – text messaging, mobile browser and downloadable application. Mobile payments seem destined to follow the same path, moving beyond ties to specific accounts to provide consumers with more choice in how they manage the payment process. With this in mind, it is an ideal time for financial institutions to make some key decisions about their mobile payments strategies.
Download [Back to List]
