When I was in grad school in the late 1990's, I co-wrote and interesting little research paper on how M-Commerce was going to put an end to the cash society. Using mobile phones to purchase everything from vending machine candy to movie tickets was going to be the future in America.
Now, while I'm not doubting that some day this will be the case, a recent article from the Economist shows that m-commerce is still searching for the traction to move into the mainstream.
BTW - I believe that the reason that m-commerce hasn't taken off in the US in the same way that it has in Japan and Europe is the same reason that Americans still have printed currency that looks like it did 50 years ago. Americans are inherently slow adoptors of "money" change.
Posted March 28, 2007 8:00 AM
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