Mobile Payments: Solution for the Third World
Mobile payments aren’t the technology of tomorrow. They are here and now. In the country of Kenya, some 98% of the population uses their phone to send and receive money. So why are we still waiting for a successful mobile payments platform in the U.S.? Developing countries with less advanced technology are far outpacing us in mobile payments adoption, while we’re still tied to plastic credit cards and banks. The mobile payments industry in the U.S. is fragmented as companies battle for the dominant solution. Mozido VP of Engineering Felipe Fernandes will reveal why mobile payments is working in other countries, what barriers to adoption we’re encountering in the U.S., and what a realistic roadmap for this technology looks like. Specifically, Felipe will discuss the ‘unbanked’ as a vital, influential factor for determining how mobile payments will play out and how the technology will develop.
Presenters
Felipe Fernandes
VP, Engineering
Mozido
Felipe inspires innovation for all Mozido products across financial services and mobile marketing verticals. Felipe navigates through regulations in the U.S., Mexico, Caribbean and other jurisdicti...
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