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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Bitcoin becomes legal in California

bitcoin

New legislation makes the use of digital currencies legal in California California Governor Jerry Brown has signed new legislation into law that legalizes the use of Bitcoin and other digital currencies. These currencies had been banned in the state for some time, but this prohibition was overturned by those that believed a ban on digital currencies was outdated. The growing popularity of mobile commerce played a role in attracting support to the legislation, highlighting the fact that the way people are shopping for and purchasing products is beginning to change…

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