Friday, May 20, 2011

Imagining a Whole Business as a Transaction Processing Platform

Amazon.com: the Hidden Empire
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Amazon is a transaction machine. Some would argue that's what retail service providers all day long, only the transactions are call detail records. Hence the interest in mobile payments and commerce. The big issue will be ability to scale and offer very-attractive processing costs for partners. That has not typically been the case for telco billing.

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