Buy stuff! The number of mobile payment users is expected to grow from just more than 100 million worldwide users in 2006 to more than 200 million in 2009 according to the Yankee Group. That translates into revenue growth from $800 million to $1.8 billion in revenue between 2006 and 2009. That growth could be increased dramatically if a revenue sharing agreement can be developed among mobile carriers, credit card associations, issuing banks and retailers/merchants. This is better than debit cards for small purchases, don't you think?
Friday, January 19, 2007
Other Things to Do With Your Mobile
Buy stuff! The number of mobile payment users is expected to grow from just more than 100 million worldwide users in 2006 to more than 200 million in 2009 according to the Yankee Group. That translates into revenue growth from $800 million to $1.8 billion in revenue between 2006 and 2009. That growth could be increased dramatically if a revenue sharing agreement can be developed among mobile carriers, credit card associations, issuing banks and retailers/merchants. This is better than debit cards for small purchases, don't you think?
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
Subscribe to:
Post Comments (Atom)
-
We have all repeatedly seen comparisons of equity value of hyperscale app providers compared to the value of connectivity providers, which s...
-
It really is surprising how often a Pareto distribution--the “80/20 rule--appears in business life, or in life, generally. Basically, the...
-
One recurring issue with forecasts of multi-access edge computing is that it is easier to make predictions about cost than revenue and infra...
No comments:
Post a Comment