Comments on: The Great Mobile Payment Land Grab

By: Magda

Magda — Sun, 11 May 2014 15:23:38 +0000

This shows real extespire. Thanks for the answer.

By: Darren Held

Darren Held — Tue, 13 Mar 2012 02:29:09 +0000

It's like the wild west in mobile land right now. I think that PayPal will come out in front just because they are easy and familiar. People trust Google but do they trust Google with their money? Time will tell to see whether mobile cash transfers will follow suit with their desktop/laptop cousins.

By: Natalie Giddings

Natalie Giddings — Wed, 23 Nov 2011 20:52:17 +0000

Now this is exciting. I am now counting down until I can use some of this functionality. Personally I am proud that comm bank is on the game. Though their solutions sounds a bit flawed at the moment.
James who do you think will be the first to get it right?

By: Arthur K | PrepaidPlans

Arthur K | PrepaidPlans — Wed, 09 Nov 2011 02:48:58 +0000

James, the challenge around all of this is security. At the moment I am unwilling to give Google access to my bank details, I am less willing to give an app access to my bank details. Whilst I can certainly see the benefits, mobile security is a bigger threat than security on your PC. PCs can be protected and mostly they are. How many of your readers have security on their iPhone? 1%.

Once this technology takes off, watch the scammers start attacking your phones with viruses.

These guys need to begin selling the security so that we can come along on the journey.