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Google Wallet launches - a revolution in payment technology?

Written by David Schropfer Tuesday, 20 September 2011 06:11
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David Schropfer, partner at the Luciano Group, author of the bestselling book ''The Smartphone Wallet - Preparing for the Disruption Ahead'' and author of the forthcoming The New Payments System Ecosphere, comments on the arrival of the Google Wallet.

 

''The world is watching the Google Wallet and the Isis product because they appear to represent products and services that transcend mere payments or loyalty programs, instead combining technology with new business models, and new services for the consumer.

 

While other types of payment model exist, i'm seeing strong indications that the wallet model may indeed emerge as the most significant payment mechanism of the future.''

Last modified on Wednesday, 21 September 2011 06:05

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