“Few would disagree that innovation is necessary in order for companies to thrive. If you have been following the mobile payments space, it seems a week doesn’t go by without a new solution being announced. This implies an enormous amount of industry innovation; however, almost all of these new solutions are focused on creating new ways to pay which utilize existing payment types, primarily credit or debit cards. This post looks at these “new ways to pay” and contrasts them to “a new payment type.” “
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