Mobile Payments: The winner will understand how to add value
Seems obvious doesn’t it? The organizations that became ecommerce giants understood that adding to the value chain (or cutting out chunks to reduce costs) was how to conquer the market. Google used free statistics (Analytics) and a strong platform (Adwords) to conquer the online ad game. Amazon made shopping online simple (One-Click) and cheap. eBay … Read more
Interac: From Market Leader to Laggard
About Interac Let me begin by saying that I am a big fan of Interac. It is a great “Made In Canada” success story and a solid example of the benefits of a tightly knit and consolidated banking system. Most Canadians have been using their debit cards to pay for items at stores for as long as … Read more
Why can’t I pay for this with my phone ?
Mobile payments (specifically – paying for goods at a physical place) are non-existent in Canada. There is no accepted standard (like Interac) for mobile payments that allows everyday people to buy goods and pay with their phone. This is despite the fact that the technology exists and is very popular elsewhere. An organization called Zoompass … Read more
