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Are mobile payments the smart cards of the aughts?

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  • Katy Jacob

Abstract

This article compares the much anticipated but ultimately stalled smart card revolution of the 1990s with the current expansion of mobile payment platforms, and asks how mobile payments fit into the larger payment system.

Suggested Citation

  • Katy Jacob, 2007. "Are mobile payments the smart cards of the aughts?," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue Jul.
    • Handle: RePEc:fip:fedhle:y:2007:i:jul:n:240
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    File URL: http://www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2007/cfljuly2007_240.pdf
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    Cited by:

    1. Wu, Lei & Yu, Dongli & Lv, Yongbin, 2023. "Digital banking and deposit: Substitution effect of mobile applications on web services," Finance Research Letters, Elsevier, vol. 56(C).
    2. Marc BOURREAU & Marianne VERDIER, 2010. "Cooperation for Innovation in Payment Systems: The Case of Mobile Payments," Communications & Strategies, IDATE, Com&Strat dept., vol. 1(79), pages 95-114, 3rd quart.
    3. Zura Kakushadze & Ronald P. Russo Jr, 2018. "Blockchain: Data Malls, Coin Economies and Keyless Payments," Papers 1802.07422, arXiv.org, revised Apr 2018.

    More about this item

    Keywords

    Mobile commerce; Smart cards;

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