Mobey Forum launches new white paper series for financial institutions

‘The MPOS Breakthrough: How the Power of Mobile has Disrupted Payments’ is the first deliverable from the newly formed, globally representative MPOS task force, founded and coordinated by Mobey Forum’s North American Chapter. The paper explores the rapidly changing MPOS landscape and aims to arm banks, financial institutions and other actors in the ecosystem with the necessary foundation of knowledge needed to enter this high growth market. The paper tracks the progress of new innovative players and explains how non-traditional thinking has been key to driving adoption. It also highlights key factors influencing the growth of the MPOS ecosystem as it transitions from a niche solution for micro-merchants to a new revenue generator for multinational retailers.

Through a series of three papers, the task force aims to drive adoption of MPOS technology by addressing the complexities of customer needs and expectations; analysing MPOS’ disruptive impact on the payments market and exploring the strategic options and business models for banks and other financial institutions.