The lack of a “concrete European framework” for mobile payments means “the largest and most promising global m-payment initiatives are currently launched outside Europe,” according to a European Commission document that Bloomberg News has obtained. “Regulators may seek to spur mobile-phone payments,” says Bloomberg.
- Mobile barcode scanning booms
- Iowa to launch mobile driving license
- Line Pay makes debut
- Google Wallet adds Touch ID
- US consumers trust banks most with card data