On the Influence of Wireless Payment Services on Overall Industry Structure : Throwing the Wires, Throwing the Wallet, Throwing the Credit Card - Inaugural Lecture

Inaugural lecture as Adjunct Professor at Copenhagen Business School, on the influence of mobile payment capabilities on the overall banking and telecommunications industry structure. Or: throwing alltogether the wires, wallet and credit card. After an historical introduction, and after showing how new schemes such as Bult SMS auctions can revolutionize tariffs, it addresses the roles of new entrants such as banks and oil industry (petrol distribution network). Convergence, such as banks as mobile operators, or mobile operators as banks, are discussed. Centralized and decentralized M-business visions are proposed