“All we know for certain is that it is the early days for mobile payments, but each market is like a snowflake, very different from the others,” Iacobuzio says.
Still, Iacobuzio senses the industry is “at a tipping point” when it comes to incorporating mobile payment.
“It’s absolutely true that mobile pay is the most prominent development in the industry since electronic end-to-end authorization and payment closing was established 30 years ago,” Iacobuzio suggests.
“And mobile pay may even be bigger,” he adds.
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