What is a mobile payment? I get that question — a lot. There's a surprising amount of misinformation and confusion being sown about mobile payments. (Even by well-meaning news organizations and reputable tech sites.)
And then there's the hype. Whether it's a payment company executive promising the "end of the physical wallet," or investors claiming there's a "gold rush" going on, the mobile payment space is plenty hyped.
We at Mobile Payments Today felt it was up to us to cut through the hype and clear things up. And we knew just the tool: an infographic. We developed a highly detailed, informative chart that will help you understand the basics of mobile payments and why everyone is paying so much attention to them. (We were even able to work in the ever-popular "bacon meme" into our infographic!)
Click here for the full-sized mobile payment infographic. Grab the code at the bottom of the page if you want to post it on your site. We hope you share it far and wide. (And feel free to send it to your favorite tech bloggers the next time they say Square and Google Wallet are competitors. Show them you know more, thanks to Mobile Payments Today.)
James Wester is a technology writer and blogger with over 15 years of experience in marketing and communications in the technology and payments sectors. Prior to joining MobilePaymentsToday.com as editor he worked as Director of Corporate Communications for Chase Paymentech and ran payment operations for AOL. James has a BA in English from Drury University in Springfield, MO and an MS in IT Management from the University of Virginia.