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Report: Advanced mobile payment services can drive revenue for large operators

Operators that invest in advanced mobile payment services, particularly those targeting customers in the developed world, can derive significant revenue over the long run, according to a new report from Pyramid Research.

According to Afrique Jet, the report, "From Digital Content to M-Wallets: M-Payment Strategies for Operators," highlights the differences between the banked and the unbanked, and provides a broader context for mobile operators in general.

However, a Pyramid analyst cautioned that mobile payments and financial services in developed markets are best-suited to operators with large subscriber bases, deep pockets and substantial managerial expertise.

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