Converged payments could make mobile payments more attractive

global phone mobile payments commerce

Mobile transactions continue to gain momentum among businesses and consumers Mobile payments are becoming more common, but there are some challenges that are standing between this form of commerce and mainstream acceptance. One of these challenges has to do with a diversified infrastructure. There are many mobile payment services currently available, most of which use their own payment infrastructures. The emergence of new currencies, such as Bitcoin, is complicating this matter, creating yet more division in the mobile commerce space. Complex mobile commerce environments may be slowing growth and adoption…

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