The mobile payment race is on, but it's unclear which vendors will succeed

The gold rush to win the mobile payment race has attracted a lot of different companies, but it's still unclear which ones will succeed at this multi-billion dollar industry. The ecosystem is currently divided into two camps: vendor-driven and user-driven initiatives. The vendor-driven approach includes companies such as Square and PayPal, which offer devices that attach to a vendor's phone to process credit and debit cards. The user-driven services include companies such as Isis and Google Wallet, which incorporate mobile payments as a part of an ecosystem. In this in-depth feature, Fierce Associate Editor Sandhya Raman evaluates both models. Feature

FREE DAILY NEWSLETTER

Like this story? Subscribe to FierceWireless!

The Wireless industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceWireless as their must-read source for the latest news, analysis and data on this increasingly competitive marketplace. Sign up today to get wireless news and updates delivered to your inbox and read on the go.

Suggested Articles

AT&T has shifted its Cricket prepaid brand to a 100% authorized retailer model, according to Wave7 Research.

The FCC decided to extend the timeline for responding to Huawei's application for review until December 11.

All operators are trying to understand the intersection between their networks and hyperscale networks. But who gets the lion's share of the revenue?