Question: Do you predict mobile payments will become dominant in the United States? Why or why not? In a country where cash is king and almost

Do you predict mobile payments will become dominant in the United States? Why or why not?

In a country where cash is king and almost everyone owns a cell phone, Japan's NTT Decomo led a major drive into mobile payments and m-commerce. The mobile phone carrier pioneered the use of near field communication (NFC) chips inside its cell phones, enabling them to exchange data wirelessly over a few centimeters. Subscribers to Docomo's wireless network can pay for their cappuccinos at participating stores by tapping their cell phone against a special terminal or just waving it nearby.

Step by Step Solution

★★★★★

3.29 Rating (173 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

As an AI language model I cannot predict the future with certainty but I can provide some insights o... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Introduction To Information Systems Questions!

What are the risks for consumers and retailers? What are some ways that these risks could be overcome? In a country where cash is king and almost everyone owns a cell phone, Japan's NTT Decomo led a...

How could this technology affect the telecommunications and consumer banking industries? In a country where cash is king and almost everyone owns a cell phone, Japan's NTT Decomo led a major drive...

Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...

include an introduction consisting of describing the background of the case study. The review and answers should follow the standard The body of the paper should consist of the answering of all...

Page 1 1 of 106 DOCUMENTS DAVID LEON RILEY, Petitioner (No. 13-132) v. CALIFORNIA, UNITED STATES, Petitioner (No. 13-212) v. BRIMA WURIE 13-132, 13-212 SUPREME COURT OF THE UNITED STATES 134 S. Ct....

Whats the worlds largest and fastest-growing e-commerce market? Its China, with over 800 million Internet users, and accounting for over 50 percent of global retail e-commerce sales (projected to be...

Construct a histogram, frequency polygon, and give for the data in Exercise 16 in Section 21 and analyze the results. Exercise 16 in Section 21 Salaries of College Coaches The data are the salaries...

The advantages that society gains through trade lie in the ability to O attain absolute advantage in our trade with other nations. O specialize resources to the uses where opportunity cost is...

to reduce risk invest in small firms increase the liquidity of a financial portfolio. invest in large firms hold a diversified portfolio of assets

=+how imposing your values can negatively affect employees and your business.

Now create another line graph that shows Minor Defects. One way to do this is to hide the Severe column by right-clicking at the top of the B column and click Hide. (To unhide, select Columns A and...

Next, create a stacked-column chart, and include Severe, Minor, and Total Defects.

Create another version of your stacked-column chart so that it only includes Severe and Minor Defects.

answer within 1 hour for thumbs up:) Zozan Corp. manufactures Hydrogen engines automobiles. The variable cost is $25,000 per unit, and the credit price is $43,000 each. Credit is extended for one...

American University has 1,803 student classroom seats under normal conditions and up to 1,334 additional classsroom seats if gyms and auditoriums are converted to seats in emergency situations. If...

You are the CFO of Agora Shipping Company, which currently has no debt. You want to issue some debt, but you need to calculate the breakeven EBIT. You have the following information: With no debt,...