I'm Neil McPhedran. This is where I like to share my thoughts on all things digital -- especially the digital wallet.

My 17 years of digital experience intersects digital business & commerce, online marketing, web technology, plus traditional bricks & mortar retail.

Presently, I'm GM @GreyVancouver.

 

All eyes will be on London2012’s contact less payment App - this will be the 1st large scale test of a payment App.  This ones will be ‘powered’ by Samsung and Visa. More than 3000 contact less terminals will populate the various London venues. Visa’s RFID enabled payWave technology will be deployed to enable each contactless payment. » http://pointofsale.com/20120402980/Mobile-POS-News/contactless-payments-planned-for-2012-london-olympics-visa-and-samsung-report.html

All eyes will be on London2012’s contact less payment App - this will be the 1st large scale test of a payment App. This ones will be ‘powered’ by Samsung and Visa. More than 3000 contact less terminals will populate the various London venues. Visa’s RFID enabled payWave technology will be deployed to enable each contactless payment. » http://pointofsale.com/20120402980/Mobile-POS-News/contactless-payments-planned-for-2012-london-olympics-visa-and-samsung-report.html

PayPal continues to make bold moves in the mobile payment space

no question, PayPal’s new payment platform offers a great digital wallet solution for small business

Infographic of the Digital Wallet wild west. Great snapshot of the myriad of players + the highstakes involved.

Infographic of the Digital Wallet wild west. Great snapshot of the myriad of players + the highstakes involved.

Quatar National Bank launches mobile payment app for #android

At the end of the day, the #digitalwallet is all in the cloud.  So physical location of banks starts to matter less and less.  There’s a lot of unanswered questions in that portion of the ‘ice berg’ below the surface - the transaction itself is merely the tip.  International banks are on the table.

Hey, maybe your future bank of choice is located in Dubai?

PayPal is trying to revolutionize the digital wallet, while ISIS (mobile carriers and Visa) are trying to hang onto the past:

PayPal’s new digital wallet unveiled at #SXSW. “What we call the future of money … it isn’t just about sticking a wallet on a mobile phone … instead control how your money works better for you.”  See more of the demo here.

A big departure from ISIS that quote, is “not shift the way you pay (ie. the transaction), but how it is enabled…” - as presented at #SXpayment101

So the big question is will Visa and MC end up like Blockbuster?

#SXSW big take away #1: mCommerce Apps & mobile-retail products lag the hype

So I’m fresh back from my overwhelming week @SXSW (arguably, the pulse for the interactive space) and my 1st big take away is how there was a serious dearth of products and Apps launching or showing in the trade show component, versus the dozens of sessions focused on the space.  I attended numerous overflow (and there were numerous more I couldn’t get to) sessions focused on the future digital wallet, the underlying technology options, as well as the future marketing landscape of clicks meets bricks, yet came across a meer handful of new products or technologies to support this revolutionary shift in how we interact with and buy goods and services.

Every time I turned around there was another social this, social App that - but wow, developers and marketers, the field is wide open.  I’m sure we’ll see a big shift next year - especially once we see if Apple adds NFC to the iPhone5.  Exciting times indeed for this space!

iZettle is Europes answer to Square & is soon to be rolling out in the UK

The main difference is iZettle uses a chip reader iOS device attachment + App, while Square clings to the old-school swipe.  Stay tuned for additional technologies and competitors, as this will be a big $£€¥ space.

Forget the NFC argument - look at payments behaviour

Couldn’t agree more »  ”Core payments behavior has already shifted … this is what Visa and Mastercard already know.  If Visa and Mastercard don’t convert their networks to phone-capable in the next 24 months, I fear Square, PayPal, iTunes and a myriad of others are just waiting in the wings to circumvent their rails.”