Proximity Payments

Jupiter Research Corporation
July 30, 2004
26 Pages - SKU: JUPT1068544
License type:
Proximity Payments

 
With extensive press coverage for RFID technology, success in Asia, and pilot programs in the US, proximity payments are top of mind with payment networks as a source of growth. Card issuers should closely monitor the commitment from payment networks in building the merchant infrastructure. Widespread adoption and achieving ROI will be difficult. Telcos must ensure interoperability and determine the revenue opportunities available to them in payment network-driven programs.