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Consumer Payment Companies - Venture Insights

Report Overview

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Consumer Payment Companies

PublisherEnders Analysis.
Publish Date October 24, 2001
Sector Fixed Line (Internet and Voice), Technology.

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In this short note Chris Goodall looks at consumer payment technologies. He says that the banks and credit card companies are under no immediate threat from new technologies. Do not be confused by the wizard new technologies coming out of Nokia; technical advances are not going to change payment systems much in the next five years. Rather, he suggests, observers should focus on three interesting companies which use low technology solutions to solve particular payments problems. These companies support, rather than undermine, existing players in the consumer payments industry.