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MobileShopTalk : Mobile Payments Backed By Credit Cards? Not So Much
By Marketing
3/22/2013 12:37:00 PM

The mobile payments space, especially around mobile wallets, continues to get interesting.

Two separate pieces of news today give yet another indication of the complexities of some of the aspects of mobile payments.

The CEO of Visa told an audience at the Barclays Emerging Payments Forum essentially that the credit company sees charging transaction fees to wallet operators as logical. This echoes the coming MasterCard fees being added to PayPal, according to eBay.

The second piece of news is even more interesting with the credit card backdrop.

It turns out that the majority (62%) of Web purchases are paid by credit card but mobile payments are at the other extreme.

Read more on MobileShopTalk.


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