Developments In Mobile Retail

Mobile retail is slowly gaining momentum and has the potential to significantly alter the financial industry.

The last two months have offered a number of promising announcements, predictions, and products in the mobile retail space.  Here are a few related highlights:

Implications for these news-bits appear to be far reaching and signal the imminent arrival of the age of swipe-to-pay.  This week’s launch of Google’s Shopper for iPhone also suggests that there will be a schism, with each company (and others) striving to establish separate dominance over real-world transaction and mobile web commerce. Each company has a strength that is difficult to contend with: Goggles, search, iTunes/App Store.  We’ll see how this shakes out.

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