Technology correspondant Cellan-Jones, also known as @ruskin147 spoke on BBC News this morning talking about trialling mobile money apps. He’s found lots of problems the industry needs to iron out. For example:
- It could become so easy to pay for things that you forget about the money.
- So much security it’s too time-consuming to be convenient.
- Connectivity issues.
- You need to spend more than £5 if it’s via debit card.
- Pay-by-text seems slow.
Check out his blog post to find out more.