Why Doesn't the US Have Any Mobile Wallets? - Robert D. Atkinson

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Imagine being able to use your mobile phone to pay taxi and mass transit fare; use vending machines; make retail purchases; and check in at hotels. Every day, millions of citizens in Japan, S. Korea, and soon Singapore do so simply by waving their mobile phones in front of point-of-sale terminals using near-field communication or related technology. But, while the technology is readily available in the US, it will be some time before Americans can use their cellphones as mobile wallets.

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Written by Robert D. Atkinson

11/28/2009 1 comment

Channel: Finance & Banking, Telecom services, Web 2.0
Tags: Americas, Asia-Pacific, Government, Mobile/wireless

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Why US is lagging behind?

javeriayounes

IQ Crew

Monday March 14, 2011 6:01:22 AM

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Another reason why US lags behind in mobile wallet technology is that US carriers struggle with internal politics and a creaky wireless infrastructure.

Developers are also reluctant to create mobile applications while carriers struggle with customer traffic and non-voice billing issues.

These carriers do such a poor job of billing customers that it would take months just to add a single service or new vendor to their menu.

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