This paper analyses the intersection of prepaid commerce and the mobile wallet, in order to present strategic options for banks seeking to respond to what Mobey Forum contends is an emerging threat to their positions in the mobile wallet ecosystem. It provides an overview of the various market developments and growth sectors in prepaid services,…
Amorphous Rise of Prepaid Mobile Commerce Stands to Hasten Banks Disintermediation, Threatening Traditional Current Account Services and Banks’ Relationships with Customers 25 June 2014 – The rapid convergence of prepaid and mobile commerce is creating significant opportunities for merchants and other stakeholder groups to push banks and other day-to-day money management service providers down the…