These days I’m
spending I good portion of my time looking at the world of Mobile payments and
Mobile Money. The amount of change, players and technologies gives it the feel
of the wild west or the dot.com boom. This time last year we had a session with a
client and discussed 9 different offerings, which included iZettle, Square, the Google Wallet and
Apps from Monitise. At the time iZettle with its innovative plugin
for the iphone that can take chip and pin won out.
Well a year
is a long time and whilst it’s great to see iZettle banners on such high
profile sites as BBC world and being accepted for taxi’s in Frankfurt, Monitise seem
to be winning out. After a successful
£24m share placing just three months ago the company is in talks with a number
of investors over a £100m fundraising. A excellent validation of our
partnership at CGI.
My
challenge is that as the mobile money market hots up will Jack Dorsey and the Square team come in and disrupt the ecosystem.
