Mobile Payments: The Trillion Dollar Industry That's Never - AgileVC
Agile VC
JUNE 12, 2012
M-Pesa created by mobile carrier Safaricom in Kenya is the best known example of this. If massively succesful, Isis might disintermediate the companies that manufacturer plastic payment cards and perhaps the companies that make mag stripe hardware (e.g. So not a new store of value and this is basically scenario #1 described above.
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