2012 Year In Review: A Look Back At The News And The Noise In Payments

CEO, Market Platform Dynamics
7:04 PM EDT December 30th, 2012

  Ready … Set … Wait!

  Discover: China’s Commerce Catalyst

 

2012 will go in the payments history books as the year that was … well… by and large mobile. Payments innovation fueled by the IP-enablement of devices used by consumers and merchants to interact drove payments innovation into high gear. Players large and small flooded the market with new applications, new business models, and new approaches to transforming the shopping experience. As a result, there was no shortage of news, blogs and commentary related to what was happening in payments and the new ideas being introduced to the consuming public. In fact, just about every day, there were, on average, 30 news announcements chronicling “the latest” — from names that are familiar and from many that are not. I thought it would be fun to look back at some of the major developments that happened in payments and separate what was really news from the noise that, at times, drowned out the important developments that will set the stage in 2013 and beyond for how consumers and merchants will interact at the point of sale – whatever and wherever that may be.

CLICK HERE TO DOWNLOAD THE FULL 2012 YEAR IN REVIEW REPORT.

Comments
Also by This Author
What's Hot
Mobile Commerce
MasterCard CEO: MasterPass Starts Where Apple Pay Stops
News
Credit Unions, Retail Groups Finger-Pointing On Payment Security
Merchant Innovation
Q3 Results Highlight Groupon’s Growing Pains
International
Alibaba Protects Its 11/11 “Singles Day” Turf
View All Articles ››
You May Also Like
Apple Pay Tracker
Apple Pay’s Most Unusual Ignition Strategy
Apple Pay Tracker
PYMNTS Apple Pay Weekly Recap: The Week of Bugs, Beacons and Buyers’ Remorse
Commentary
Experiment To Find The Mobile Payment Value
Commentary
Did We Just See The Future of Mobile Payments?
View All Articles ››