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Mobile Payments: What’s In It For Me?

PYMNTS

South Korea has 11 mobile payment services such as KakaoPay, Naver Pay and Samsung Pay, and around 28 million cards were loaded onto users’ smartphones in the second quarter. Samsung Pay provides gift cards from Dunkin’ Donuts, and users earn money with its own rewards prepaid card. But security is an ever-present concern.

Mobile 100
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The Mobile Banking and Payments Summit – Impressions from Day 2

Celent Banking

There’s still plenty of fragmentation in the market : Android is an open system utilizing Host Card Emulation (HCE), while Apple is a closed system using a secure element. The chip card does a lot for security, but the argument is that it adds friction to the checkout experience.

Mobile 100