Future developments and success of m-Banking, m-Wallets, contactless - and other alternative mobile payment methods vary per geographical region and they depend on several factors, which together contribute to global growth of alternative m-Payment methods in the near future.
Industry giants are eager to tap into highly evolved markets and form joint ventures with other industry leaders; ventures which require complex synchronization of business models, integration of a variety of applications and time-consuming alignment of business processes. Young start-up companies, sponsored by major investors, may prove to take advantage of their flexibility as a small agile company. These young innovators can take the lead in this mobile revolution, by listening carefully to region-specific user needs of the young and trendy, who are attracted by ease-of-use gadgets, transparency and comfort.
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