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Published on: July 8, 2013 Author: Patricia Hewitt Alternate Point of Contact: Amy Dunckelmann
Boston, MA – August 1, 2013 – Mobile wallets are being introduced to the market in a steady stream of configurations from passive containers to dynamic payment products. Companies large and small are vying for a piece of a future market. Along the way, these emerging payment forms are reshaping traditional business models and impacting traditional acceptance brands.
In new research, Mobile Wallets: The Business and the Brand, Mercator Advisory Group applies a business model canvas approach to analyze examples of developing mobile wallet types based on first-person interviews with the leaders of these companies. In addition, this report breaks apart the impact of branding based on different mobile wallet structures to discuss the effect on traditional payment brands as well as the challenges new acceptance marks face in the market.
“There is no such thing as a benign product strategy in this superheated market. Even seemingly innocuous container products have to find their way to profitability and at some point, all roads will lead to being a component in the payment transaction value stream and as a result having some brand equity stake in the equation,” comments Patricia Hewitt, director of Mercator Advisory Group’s Debit Advisory Service and author of the report.
This report is 26 pages long and has 12 exhibits.
Entities mentioned in this report include: Visa, MasterCard, Lemon Wallet, PreCash, FlipMoney, Paydiant, Apple, Starbucks, PayPal, V.me, MasterPass
Members of Mercator Advisory Group’s Debit Advisory Service have access to this report as well as the upcoming research for the year ahead, presentations, analyst access and other membership benefits.
(Click to Enlarge)
Major highlights of this report include:
Commercial & Enterprise Payments
Debit & Alternative Products
North American PaymentsInsights
Small Business PaymentsInsights
Fraud Experience PaymentsInsights
News & Events
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