The future of payment is mobile. Our smartphones are our new wallets. The days of plastic credit cards are numbered and mobile payment concepts are rapidly entering the mainstream. Payment providers, banks and telecommunication companies are developing new services and infrastructure for payment concepts with couponing (15% off your new sneakers) and loyalty programs (your 10th cappucchino for free).
For Wirecard, Edenspiekermann explored how a mobile payment service can play a relevant role in people’s lives. Spending money is a very emotional thing. How does it feel to pay with a simple gesture? Can paying with your phone beat paying with cash?