Trends in Mobile Payment

by Yesh Subramanian

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Trends in Mobile Payment by Mind Map: Trends in Mobile Payment

1. Omnichannel to prove itself

1.1. Shopkick

1.1.1. http://www.macrumors.com/2013/11/20/shopkick-and-macys-team-up-for-first-retail-based-ibeacons/

1.2. iBeacon (Apple)

1.2.1. http://en.wikipedia.org/wiki/IBeacon

2. P2P payments

2.1. Over a $1T w a sliver done via Mobile

2.2. Many players

2.2.1. MPesa

2.2.2. WeChat

2.2.3. Squarecash

2.2.4. GoogleWallet

2.2.5. Dwolla

2.2.6. PayM

2.2.7. Squarecoin

2.2.8. Bitcoin

3. Industry trends

3.1. Reinvention of Mobile wallet

3.1.1. 11% of spend

3.1.2. Need to be different that app+cc as its today

3.1.3. See BlueBird

3.2. Global cash transactions for Visa eclipsing US

3.3. MC growing a bit faster in US

3.4. Card industry itself not threatened as are hardware and vendors owning payment to retailers

3.5. Startups like Dwolla taking on Visa

3.6. Implications Walmart anti trust lawsuit on Visa

3.7. Carrier billing about to explode in emerging markets

3.8. Fraud & threat (EMV)

4. SMB growth

4.1. http://www.businessinsider.com/infographic-the-state-of-us-small-businesses-2013-9#!ImnEz

5. POS Consumerization

5.1. Revel

5.1.1. http://revelsystems.com/

5.2. Shopkeep

5.2.1. http://www.shopkeep.com/

5.3. Its about large amounts of data now available to retailer (Amazon does 35% of business based on recommendations)

6. In Aisle

6.1. Nordstrom

6.2. Saks

7. Carrier Billing

7.1. $3B opprtunity

7.2. 4 players in value chain

7.2.1. Carrier

7.2.2. Carrier Billing Platform

7.2.3. App Developer

7.2.4. App Stre

8. Retail

8.1. NFC Still expected to grow to 1/5 phones

8.1.1. http://mondato.com/blog/infographic-mobile-payments-predictions-2014/

8.2. Blue Tooth Enabled

8.3. Bitcoin

8.4. Big Company tests

8.4.1. PayPal

8.4.1.1. http://www.engadget.com/2013/09/05/paypal-app-mobile-wallet-android-ios/

8.4.2. ISIS

8.4.2.1. https://www.paywithisis.com/

8.4.3. MCX

8.4.3.1. http://www.mcx.com/

8.4.4. Google HCE

8.4.4.1. http://developer.android.com/guide/topics/connectivity/nfc/hce.html

8.4.5. Rise of Amazon w GoPago acquisition

8.5. Big Box Retailers

8.5.1. ISIS