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It’s been a while since
wireless service consisted strictly of conversation. Now it includes pages,
voice messages, e-mails, radio, mp3, and many other applications.
Mobile payment and mobile
banking is the next big thing in evolutionary process of this trend. And with a
majority of the working segment gone mobile, the number of credit card
companies and banks offering these services is expected exponential growth. Within the competitive digital wireless
service market, mobile payment is already a keycomponent
of the credit card companies and banks mix of products and services. With high
expectations in service differentiation and new revenue
growth, mobile payment has become a vital part of every acquirer
and issuer network.
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