A reality check on mobile payments. Humble beginnings, big ambitions, and a catalyst.

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A reality check on mobile payments Georg(e) Fasching - @geofas September 2014

description

In the past I gave a lot of talks about the future of mobile payments. I decided to change that tune and provide a view as to why it still hasn't gone mainstream in western Europe and North America. Filled with imagery to aid telling the history of mobile payments, with barely any text, this builds up to a recent market even that likely breaks the stale mate, 2014-09-09 Apple's announcement of Apple Pay. I got to give this talk at Smartex NFC Club, and The Payments Knowledge Forum, both in September 2014.

Transcript of A reality check on mobile payments. Humble beginnings, big ambitions, and a catalyst.

Page 1: A reality check on mobile payments. Humble beginnings, big ambitions, and a catalyst.

A reality check on mobile payments

Georg(e) Fasching - @geofas

September 2014

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Thanks for having me!

• Led product development on mobile

payments 2000-2012, with a break 2005-06

• T-Mobile International, MasterCard, Luup

• For customers on every continent (except

perhaps for the poles)

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Circa 1999

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2001

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Announced: 2003 Ended: 2005

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NFC

Standards

ETSI

SWP

PCI

Network OperatorsHandset Makers

Payment Networks

Business Cases

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Circa 2006

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2007

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2007

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NFC

Standards

ETSI

SWP

PCI

Network OperatorsHandset Makers

Payment Networks

Business Cases

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Announced: 2011

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Announced: 2011

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Announced: 2011

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Source: mobilepaymentsworld.com

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Let’s chat!

Time for Q&A.

Georg Fasching - @geofas

Progressive Solutions inNew Product Development

Look me up on LinkedIn http://linkedin.com/in/geofas/