Infosys Report – Mobile commerce strategies for retail payments

Radical transformation in retail payments

Retail payments is undergoing radical transformation due to rapidly evolving mobile technology combined with rise of smartphones and tablets, wireless networks and rollout of 3G/4G networks. Technologies like NFC (used in mobile wallet e.g. Google wallet), direct carrier billing (like BoKu, Zong) and mobile as point of sale (like Square, iZettle) are increasingly emerging as next discipline for banking esp. bill payment, fund transfer and peer to peer(p2p) payment.

In this Infosys report, Jigar Gohel analyses the various strategies banks can adopt for offering mobile solutions. 

 

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