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Will mobile proximity payments disrupt the current POS payments ecosystem, or will consumer adoption of this emerging payments option remain scant?
In addition to supporting the development of mobile payment solutions, such as mobile proximity payments, mobile remote payments and mobile money transfers, the platform also supports the development of payment-related services, such as account management and security alerts to enable consumers to monitor account activity through a mobile device, and mobile offers that can be redeemed at the point of sale.
Javelin identifies the need for networks and issuers to motivate wireless carriers to support mobile proximity payments, in order to conveniently bring advanced payments capabilities into the mainstream.

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