The mobile phone has moved so far beyond simply being a phone. One of the most exciting new features is the mobile payment. The March/April 2011 issue of MIT’s Technology review found that global mobile payments are ever increasing, especially in the developing world.
This is not to mention Google’s partnership with Citibank that will allow near field communication payments at the touch of a device.
Key Takeaway: Reducing the number of clicks per purchase did wonders for Amazon. Think about what mobile can do for brick and mortars.
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