Long Views

Defining the mobile wallet: what it is, why it matters

  • Thursday, February 23, 2012

What's in a name? For the mobile wallet, it's way more than payments.

The upcoming showdown between Google Wallet and soon-to-be competitor Isis is just one of many interesting story lines that will take hold this year as companies ratchet up their mobile wallet offerings. But with all the new products from a variety of players comes a potentially confusing year as the term “mobile wallet” gets thrown around repeatedly. What exactly is the “mobile wallet”? Here are some important definitions for those looking to make a move in the space.

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