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The Mobile Wallet - A Conversation with TMNG's Rich Nespola
Jan 05, 2012
The Internet has turned the world of retail on its ear, creating both challenges and opportunities. But the mobile wallet could create new opportunities for retailers to ring up sales via smartphone-based purchasing and promotions.
TMCnet recently interviewed Rich Nespola, chairman and CEO of TMNG Global, which provides consulting and advisory services to companies in the mobile wallet ecosystem, about what’s happening on the mobile wallet front.
The term mobile wallet has been thrown around a lot lately. Define mobile wallet.
Nespola: Mobile wallet is all about convenience. It combines the security and payment capabilities of a credit card with the usability of a mobile phone, abetted by the value-add possibilities inherent in devices with built-in processors, high-quality graphic displays, ubiquitous Internet connectivity and touchscreens.
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