Posts Tagged ‘Mobile Money’

Mobile Payments: The importance of trust and familiarity and the power of co-operation

May 12, 2011 10:45 by Nick Peppiatt

Near Field Communication (NFC) – the technology that supports close proximity mobile payment services – has been around for many years. However, up until recently, the NFC-enabled mobile devices and service support needed to make such payments a reality have been lacking.

In this video blog, Ryan Garner looks at the barriers to adoption, demonstrating that Trust and Familiarity of supplier brands will drive consumer preference and arguing the need for co-operation between brands from different sectors.

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