The battle for supremacy in mobile person-to-person payments is raging.
To date, its primary ordinance has been limited to the press release and the corporate event, most of them volleyed by big-name operators of existing payment networks, like PayPal, Visa, and MasterCard, among others - plus, um, Google. But as the presence of that last contender indicates, the stakes are high. The prize is a controlling position, or at least a first-mover advantage, in the consumer's mobile wallet. It goes without saying that gaining such a position would yield benefits well beyond payment fees.
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