Call for contributions: New report on mobile payments and the future of merchant transaction fees
Sarah Clark
2012-11-26
http://www.nfcworld.com/2012/11/26/321281/call-for-contributions-new-report-on-mobile-payments-and-the-future-of-merchant-transaction-fees/...
The NFC World team has identified ten pressure points that suggest the arrival of mobile payments will result in a fundamental change in the overall cost of processing payments and the way in which merchants transaction fees are calculated — and we'd like to hear from anyone who is working on ways to use mobile technology to cut the cost of processing transactions at the point of sale.
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If you are working in any of these ten areas, on other ways to use mobile technology to make merchant transaction processing more efficient or would like to share your expertise and opinion, please get in touch — we'd love to hear from you and, as a thank-you for your contribution, we'll send you a complimentary copy of the final report as soon as it is published.
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10. New forms of money
Emerging electronic-only forms of money, like Bitcoin and Mintchip, as well as tokenized cash systems like Cardis hold the promise of replacing cash — and the lower cost of processing cash transactions — with equally low cost transaction fees for low value purchases made via mobile phones. What new forms of money are now emerging and how practical are they in reality for merchants to adopt?
We're also investigating how different "last inch" payments solutions, such as NFC, EMV and QR codes, impact the overall cost for merchants. Are there cost cutting options that only NFC can deliver? How practical is it in reality for merchants to accept payments via QR codes at the point of sale? And how many are equipped today with the hardware to process this kind of transaction?
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Who we want to hear from
We'd like input from anyone involved in the move to mobile payments at the point of sale, from the world's largest companies to the smallest start-ups and from established financial services providers and merchants to inventors, disruptors, analysts and consultants.
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It doesn't matter where you operate as this study is global and, of course, there is no cost involved in taking part.
The final report will form part of NFC World's business intelligence service, The Mobile Wallet Report, and will be sent to all subscribers as part of their subscription, as well as to everyone who contributes to the report. Our thanks in advance for your contribution!
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