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Mobile payments are 'next innovation'
News brought to you by Skint Tariffs. Providers of price comparison for cheap international calls.Mobile payments could be the next big innovation in the mobile phone industry, experts have suggested.
While touch screen technology has been a huge hit on cheap pay as you go mobiles, paying for goods via phones could usurp this, according to the Mobile Data Association (MDA).
It claims that there is currently a lack of change to cheap mobile deals and something new is needed.
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Steve Reynolds, chairman of the Mobile Data Association, said: "Mobile payments are the next step innovation and the development of this is certainly driven by convenience.
"If you look over the last couple of years innovation in mobile technology has been devoid of change. The only thing that will do it is technology that allows people to do something completely different on their phone."
He added that the large number of alternatives has stopped mobile banking taking off in Europe so far.
Just under half of respondents to a survey from Ingenico admitted they would consider using mobile payments.
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