The future of Mobile Payments in Europe

We had an interesting session at the recent Tower Group event in Evian, on the future of Mobile Payments. We didn’t get through many of the prepared slides, but the delegates from a number of european banks expressed their views and experiences from the last few years. Here is my view from that session.

What is meant by mobile payments, are they needed in Europe, what form will they take and what is stopping them?

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Mobile Payments – A way of replacing cheques?

To encourage people to move away from using cheques, it's not enough to duplicate the characteristics of the existing payment methods, but we have use technology to add convenience and feedback to the new payment experience so they'll pay to use it.

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