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barge

11/03/14 11:45 AM

#239437 RE: aleajactaest #239434

Hi Alea---The Sprague/Alea Grand Theory imploded by Apple Pay.

You write: "This admission by SS seemed to confirm a theory I had proposed that the shape of the mobile market was a serious obstruction and that the reason for the obstruction was all about who would control the cash flow. Will the US government loosen this bottle-neck? It may do, but I am not sure it will do so in a way that protects end-user interests or serves Wave's purposes."

I believe you really meant concurring theory rather than a confirmed theory. So that the concurring Sparge/Alea Grand Theory has been rejected by Apple Pay. (see below)

Also you might want to take some time to review the Bell ID (which Wave has partnered with) and their technology of Host card emulation, which very neatly bypasses the telcos....completely.


http://www.telco2research.com/articles/AppleandWeveFail

The role of telcos
Although the big picture for mobile payments is improving, telcos are in danger of being side-lined in developed countries in this strategically important sector. (NB See the STL Partners Strategy Report, Digital Commerce 2.0: New $50bn Disruptive Opportunities for Telcos, Banks and Technology Players for a detailed study of how telcos could disrupt the key digital commerce brokers: Amazon, Google, Apple and Facebook.) In recent weeks, telcos’ efforts to lead the development of the mobile payments market suffered two major setbacks. Firstly, Apple’s fully formed mobile payments solution, called Apple Pay, effectively cuts telcos out of the mobile payments business in the Apple ecosystem.