New mobile payment push by Verizon takes centerstage at MobileCon
As easy as looking in your wallet to see how much cash you have.
Credit cards are simple to use, easy to carry and accepted everywhere. That’s a tough combination to beat, which explains why mobile payment platforms are stalled in the U.S.
“You’ve got to make it incredibly simple,” said Michael Abbott, the CEO of Isis, a mobile payment platform that’s pulled together support from Verizon, American Express and Chase. “The competition is plastic, we’ve got to make plastic obsolete.”… More