Mobile payments are evolving rapidly and changing the way consumers and businesses operate. As technology and telecoms companies roll out mobile payment applications and services, KPMG’s Mobile Payments Outlook survey reveals that mobile strategies are enabling a business transformation for services firms, telecom providers, technology vendors, banks and retailers across the globe. Cross-sector partnerships and alliances will be key to success in this dynamic market.
Our two reports – Mobile Payments Outlook 2011 and Monetizing Mobile - look at the evolution of mobile payments from the perspective of the industry players – and find that mobile payments adoption is likely to be faster than anticipated.