Apple Pay could have been here 15 years ago if it wasn't for boardroom egos

Tuesday, October 21, 2014 - 08:30 in Mathematics & Economics

Squabbling and a lack of compromise among collaborating dominant industry groups has stunted the growth of mobile payment according to Pinar Ozcan, an Assistant Professor of Strategic Management at Warwick Business School, and Dr Filipe Santos, of INSEAD. While in Kenya it has become the number one way of banking, with 80 per cent of cell phone owners using mobile payment according to the World Bank.

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