How The Mobile Checkbook Will Change The Future Of Commerce
The founder of Zipmark -- a new finance company -- speaks to PSFK about how service providers need to be more reactive to the developments in mobile payments.
Much headway has been made recently in the world of mobile payments. Google Wallet, NFC, Square and other Mobile POS systems are making the smartphone the device on which smaller, personal transactions are taking place. However, the majority of people are still using physical checks to pay for larger items or services such as rent with checks that need processing time, carry fees, and are not always reliable. Jay Bhattacharya, the founder of Zipmark, spoke to PSFK about how he sees the ‘checkbook of the future’ developing.