Mobile Wallets: The Battle for Top-of-Mind
The Digital Banking Report ‘Mobile Wallets: The Battle for Top-of-Mind,’ published by Jim Marous, a Co-Publisher of The Financial Brand, may provide the necessary answers to many vital mobile wallet users’ questions from all around the USA, who have just become acquainted with e-payment systems and are not yet quite keen on many issues.
Thus, the key research scope of the report touched upon the following things:
- What are the current mobile wallet trends?
«The next big things, » mobile wallets are still at the very beginning of their life cycle. What is clear is that various mobile payments become more popular among both the banks and the buyers that turn to be more open to doing most everything on their cell phones.
2. Who are the major mobile wallet support players?
Mobile wallets will help banks and credit unions, both individuals and institutions, who are interested in digitizing their payments.
3. What kind of growth do mobile wallets expect?
Mobile proximity payments, which increased to $3 billion in 2013, are now projected to top $53 billion by 2019.
4. Which are a successful mobile wallet components?
In reality, peed, transparency and security of the payment method are what digital wallet providers surely have to work out.
5. Who are the leading technology support providers?
Apple, Samsung and Google are known to be the greatest technology adherers, providers and supporters of the new generation payment systems.
6. How is banking to leverage the wallets, etc?
While the U.S. users are slowly, but actively switching to mobile banking payments, it is still unclear neither if mobile wallets will be an integrated mobile banking app features or an independent payment tools for the payments only.
For more information on the players, mobile wallet opportunities & challenges, Digital Banking Report is available for purchase both as an annual subscription part and a single issue to answer all your questions.
Since, telecommunication and mass SMS messaging in particular has a direct relation to the payment systems both web and mobile, this is also a great issue to deal with for the companies like us for a better platform work optimization.
BSG supports a range of payment systems and has successfully integrated many payment features for the ultimate comfort and safety of money transfer operations of our partners and customers.
