Matt Calman, Chairman of the Mobey Forum MPOS Task Force and SVP and R&D Executive at Bank of America, comments: “Little more than three years after the first wave of MPOS solutions hit the market, the technology is already redefining merchant card acceptance at the point of sale, by rewriting the rules on who can accept card payments and also vastly simplifying the process of doing so. Solutions from new, disruptive players in MPOS have gained real traction with micro merchants, and banks and financial institutions are now starting to show their hands. Our series of white papers aims to provide guidance for the next wave of players seeking to establish a foothold in this space.”
Created in response to the rapid growth of MPOS technology, the task force brings together Mobey Forum’s global members in order to deliver educational and actionable analysis on the MPOS market. Through a series of three papers, the task force aims to drive adoption of MPOS technology by addressing the complexities of customer needs and expectations; analysing MPOS’ disruptive impact on the payments market and exploring the strategic options and business models for banks and other financial institutions.
The series of white papers aims to raise awareness of the technology and its development ecosystem, encouraging dialogue between interested stakeholders with a view to accelerating adoption in the marketplace. The series will explore the go-to-market processes of MPOS providers by evaluating specific use cases and will examine how the traditional players in the MFS landscape can establish a sustainable position in the MPOS value chain.
Download a free copy of the white paper from
http://www.mobeyforum.org/Knowledge-Center/Mobey-White-Papers