“Aaron Fine onbserved that if you are a bank, the opportunity to increase transaction volume via mobile payments is relatively modest. But if you are a non bank – carrier or Apple for instance – payments are incremental business, and an exciting opportunity.”

“To reiterate what I wrote last year, the word ‘private’ should not mean “this will remain hidden until we accidentally break something”.”

“It all started when one of my clients wanted to pay me with a credit card. It is odd that I have been in business for 18 years and this is the first time that I have been paid in this way. It is doubly ironic in that I used to teach classes on eCommerce back in the early days of the Web and hadn’t ever gotten around to getting a merchant account, which is what you need to take credit card payments.”

emphasizes the fact that, frequently, the decision about what payment methods to accept is when the tender is presented…emphasizing the need for efficiency in boarding for merchant customers.