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Mobile Payments: The Trillion Dollar Industry That's Never - AgileVC

Agile VC

Mobile Payments: The Trillion Dollar Industry That’s Never Happened. Mobile payments are the trillion dollar industry that everybody’s been waiting for but has never materialized. But nearly everyone has wrongly placed emphasis on the mobile technology part and not on the payments aspect. June 12, 2012.

Mobile 250
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Are Banks the Next Dinosaurs?

thebarefootvc

The most documented example of this is M-Pesa’s mobile money platform in Kenya, which I have written about a few times on this blog, including in my thesis piece When Third is First. Over 30% have used mobile banking in the past month, a mode of banking that is currently more efficient in Nigeria than it is in the United States.

article thumbnail

Are Banks the Next Dinosaurs?

thebarefootvc

The most documented example of this is M-Pesa’s mobile money platform in Kenya, which I have written about a few times on this blog, including in my thesis piece When Third is First. Over 30% have used mobile banking in the past month, a mode of banking that is currently more efficient in Nigeria than it is in the United States.