mobile payment

With the holiday shopping season close at hand (can you believe it’s here already), people are looking to make the smartest choices at checkout time, especially for higher priced items like electronics. Shopping shouldn’t be difficult, right? Often, when it comes to consumer electronics and their ilk, we mere mortals face tough calls about a few things when it’s time to put our money down: will it work properly? Am I buying the best product for my dollar? Does someone else have a cheaper version of what I’m looking for?

As the mobile payment market has been heating up in the past few months with more and more new entrants (RevCoin launched its mobile payment system at the beginning of June), it is important to ask, what will be the distinguishing feature among all these systems? It is easy to think about the cost to use each system as that distinguishing feature – and there has been a bit of a price war going on between some of the players in the mobile payment space. New and old mobile payment services are trying to lower prices to get more traction.