Thales: Trust in the cloud or trust in the phone – what next for mobile payments?

Will the arrival of phone based payments act as a revolutionary or evolutionary force?CARTES, Paris, France – 6 November, 2012 – Thales, leader in information systems and communications security, looks at the approaches for the successful mass adoption of mobile payments among issuers, card schemes, acquirers, merchants and consumers and asks whether the arrival of emerging mobile payment technologies and increasingly secure cloud services will act as a revolutionary or evolutionary force?The payments industry was defined in an era before the internet, smartphones, the app store and the cloud.

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