Mobile Payments Chicken-Egg Problem Goes to Committee

Mobile Payments Chicken-Egg Problem Goes to Committee: The ETA has announced the formation of the Mobile Payments Committee, a task force that includes representatives from the four main U.S. carriers -- Verizon, AT&T, Sprint and T-Mobile -- as well as Google, Isis, PayPal, Verifone and Intuit. The purpose of the committee is to develop a cohesive business strategy for the mobile payments industry, and to help legislators and regulators determine a mobile payments policy, while educating consumers and merchants about the benefits of mobile payments.

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