AmEx: M-commerce 'not about tapping phones at the point of sale'

SAN DIEGO--The mobile and commerce sectors are on a "collision course" according to American Express group president of enterprise growth Dan Schulman, who said the future of m-commerce promises far more than the Near Field Communications-enabled contactless payment services currently generating the majority of headlines around the space. Speaking during Wednesday morning's keynote session here at the CTIA Enterprise & Applications 2011 conference, Schulman said m-commerce will impact all segments of the mobile industry. "All of us in this room are going to need to rethink our business models, the way we do business and who we partner with," Schulman said. "All of us need to play in this together." Article

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