Mercator Advisory Group has launched a new report predicting the mobile payments market will soon become “war zone” fought over by mobile operators, handset manufacturers, payment industry heavyweights, and Silicon Valley giants. Caught in the middle will be merchants, who will have to choose which side they’re on - i.e., which of the many services to adopt.
The outcome will be determined by the pace of NFC roll out, lessons learned from in-depth pilot testing, and how quickly merchants will adopt new contact and contactless EMV terminals, according to Mercator.




