Tuesday, March 10, 2009

Managing the Technical Requirements for Incorporating Mobile Payments into Your Business

Leader: T. Jack Williams, CEO, Ecommlink

Here are a few takeaways from his presentation.

What the future of prepaid mobile has in store for us:
- Financial services in the prepaid market
- Inter-brand settlement

Take a look at processors, is it long term?
- Make sure they are integrated with the systems you want to use
- API Library that can support the transactions you want

Lastly, make sure that everyone you deal with has, “Experience, experience, experience, you don’t want to be a test case for someone”

There was time at the end for one Q & A question and here it is.

Q: How do you empower handset to merchant handsets?
The merchant community will not see any value to it so you have to offer financial incentives. We must figure out a way to float downstream with merchant agenda.

Finally, here's a small portion recorded from this presentation:

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