Quote:
Originally Posted by epitome
You're a good man to ask since you have your finger on the pulse of billing.
Do you predict that one day soon we will all be accepting credit cards to settle up debts with friends, etc?
How long do you think until it's commonplace?
Yeah, lots of us have Square, but how long until someone like my Mom has it or something else like she already does PayPal?
Do you predict a clear market leader or do you believe it will remain fragmented?
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Hi,
Thanks for asking for my input. Paypal was the first huge step in simplified personal payments. Square is still too cumbersome for the masses just to pay your mom for dinner for example. I think this will all eventually come down to mobile payment storage and can be initiated through the cell companies. They will be the winners if executed properly unless one large payment processor can cut deals with all of them for a centralized payment system.... would love it to be NETbilling :-)
Imagine not only making purchases but also being able to pay people directly to their cell number from yours with just pin authentication and all billed to your cell phone bill through your credit card or without? Imagine the possibilities.
Mitch
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Mitch Farber
CEO - NETbilling, Inc.
Email / Phone: 888-357-8166 / 661-252-2456
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