I'm a little more hopeful about the future of mobile wallets in this country, and specifically the "tap and pay" functionality, as of late.
The banks and credit card companies are as clueless as ever
, colluding with carriers to produce proprietary NFC-enabled SIM cards—in blatant disregard for any near field communication technology already present on their customers' phones. And such "solutions" are nowhere near as popular (or elegant) as the humble Starbucks app, still the reigning champion of mobile wallets
in North America.
is a promising up-and-comer (albeit in a very small area of service), and now Mobile Syrup reports that a bigger player is coming to town: PayPal