Archive for the ‘Finance’ Category

Why mobile payments are not so popular in USA

April 9, 2010 3 comments

I was thinking why mobile payments are not used here in USA when other countries like India using in big way in my recent visit to India I was surprised to see we can book railway reservations right on mobile phone using mobile payment not only that I have seen at least two stores who accept mobile payments there are two companies who support this technologies in India  and they started developing this technology 4 years now why paypal did not think about this till recently I was researching are there any companies who is doing this in. USA I found that there are few companies who does this
Recently paypal launched its mobile payment platform to public , intuit has an option for merchant accounts but Mobile payment system is not used here although there are some companies like are there I don’t see them have many people use the service.

What my feeling is all this goes back to the point that US has waste majority of people who use internet on computer where as in india people use mostly phones for every thing.
what i have observed is including my self  I fell more comfortable using laptop or computer to buy online stuff rather than the phone.

If you think any other reason why Mobile payments are not popular In USA please leave your comments.