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Mobile Money Summit panel: The Reality of Deploying the Latest Mobile Money Innovations

Categories: Barcelona 2009 Summer
By: , IntoMobile
Tuesday, June 23rd, 2009 at 9:31 AM

Mobile Money Summit panel

After Orange’s presentation, a panel titled “The Reality of Deploying the Latest Mobile Money Innovations” started. Participants included:

  • Dag-Inge Flatraaker, Chairman M-Channel Expert Group, European Payment Council
  • Mung-Ki Woo, Vice President, Payment and Contactless, Orange – France Telecom Group
  • Hannes Van Rensburg, CEO, Fundamo
  • Steve Granek, VP Business Development, Neustar

They’ve discussed hot topics such as NFC, mobile ticketing, mobile bill and utility payment, and 2D barcodes.

I must admit I haven’t heard much new – it was the usual “it’s coming and it will revolutionize the way we live and work” talk.

Here’s the recap:

  • Mung-Ki argued that the best solution is to deploy contactless payments through SIM card, as people switch phones. He also talked about mobile payments as being a value-proposition not just for mobile operators, but for all stakeholders.
  • Hannes agrees with the point, adding that his company was one of the first ones to support the idea.
  • Steve Granek pointed out that Neustar sits at the intersection of all parties involved, adding that the industry evolved over time and that now operators and banks realize they need to work together to bring mobile payments to life.
  • Dag-Inge talked about the regulatory framework.
  • Finally, all participants agreed there’s a big potential in mobile payments.

As I said, nothing new. After the panel, it was a launch break, which I used to take some photos of the event…

About The Author

Dusan Belic

Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.