Summary:
If mobile payment apps became as popular in the U.S. as they are in China, banks would lose a projected billion in revenue annually. Bloomberg QuickTake explains how cheap and easy payments by phone are threatening one of the banking industry's most profitable businesses. [embedded content]
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If mobile payment apps became as popular in the U.S. as they are in China, banks would lose a projected $43 billion in revenue annually. Bloomberg QuickTake explains how cheap and easy payments by phone are threatening one of the banking industry's most profitable businesses.If mobile payment apps became as popular in the U.S. as they are in China, banks would lose a projected billion in revenue annually. Bloomberg QuickTake explains how cheap and easy payments by phone are threatening one of the banking industry's most profitable businesses. [embedded content]
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Mike Norman considers the following as important:
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