The Economics of Mobile Payments: Understanding Stakeholder Issues for an Emerging Financial Technology

Economic theory provides a unique vantage point from which to examine issues with respect to emerging technologies, where standards and adoption, business process changes and implementation outcomes, information security, investments and business value, and industry impact require care and considera...

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Main Authors: AU, Yoris A., Kauffman, Robert J.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2008
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Online Access:https://ink.library.smu.edu.sg/sis_research/2130
http://dx.doi.org/10.1016/j.elerap.2006.12.004
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Institution: Singapore Management University
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spelling sg-smu-ink.sis_research-31302014-04-02T10:22:16Z The Economics of Mobile Payments: Understanding Stakeholder Issues for an Emerging Financial Technology AU, Yoris A. Kauffman, Robert J. Economic theory provides a unique vantage point from which to examine issues with respect to emerging technologies, where standards and adoption, business process changes and implementation outcomes, information security, investments and business value, and industry impact require care and consideration on the part of senior management strategists and financial services leaders. In this article, we examine a new technology application which is coming into its own around the world, in association with the revolution in wireless connectivity: mobile payments. Although there are likely to be nuances and surprises with this technology application, we caution the reader to recognize that many of the same economic forces will be at work as were with other financial services and related technology applications in the past. We apply a robust evaluative framework that permits identification of the relevant stakeholders and applicable theory in the analysis of consumer, firm, business process, market, industrial and social issues. Our findings are intended to guide senior managers in dealing with the economic aspects of mobile payments, and to help identify some important directions for the research. 2008-01-01T08:00:00Z text https://ink.library.smu.edu.sg/sis_research/2130 info:doi/10.1016/j.elerap.2006.12.004 http://dx.doi.org/10.1016/j.elerap.2006.12.004 Research Collection School Of Computing and Information Systems eng Institutional Knowledge at Singapore Management University Business processes Consumer behavior Economic analysis Financial technology Mobile payments M-payments Network externalities Payment systems Standards Technology adoption Computer Sciences E-Commerce
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Business processes
Consumer behavior
Economic analysis
Financial technology
Mobile payments
M-payments
Network externalities
Payment systems
Standards
Technology adoption
Computer Sciences
E-Commerce
spellingShingle Business processes
Consumer behavior
Economic analysis
Financial technology
Mobile payments
M-payments
Network externalities
Payment systems
Standards
Technology adoption
Computer Sciences
E-Commerce
AU, Yoris A.
Kauffman, Robert J.
The Economics of Mobile Payments: Understanding Stakeholder Issues for an Emerging Financial Technology
description Economic theory provides a unique vantage point from which to examine issues with respect to emerging technologies, where standards and adoption, business process changes and implementation outcomes, information security, investments and business value, and industry impact require care and consideration on the part of senior management strategists and financial services leaders. In this article, we examine a new technology application which is coming into its own around the world, in association with the revolution in wireless connectivity: mobile payments. Although there are likely to be nuances and surprises with this technology application, we caution the reader to recognize that many of the same economic forces will be at work as were with other financial services and related technology applications in the past. We apply a robust evaluative framework that permits identification of the relevant stakeholders and applicable theory in the analysis of consumer, firm, business process, market, industrial and social issues. Our findings are intended to guide senior managers in dealing with the economic aspects of mobile payments, and to help identify some important directions for the research.
format text
author AU, Yoris A.
Kauffman, Robert J.
author_facet AU, Yoris A.
Kauffman, Robert J.
author_sort AU, Yoris A.
title The Economics of Mobile Payments: Understanding Stakeholder Issues for an Emerging Financial Technology
title_short The Economics of Mobile Payments: Understanding Stakeholder Issues for an Emerging Financial Technology
title_full The Economics of Mobile Payments: Understanding Stakeholder Issues for an Emerging Financial Technology
title_fullStr The Economics of Mobile Payments: Understanding Stakeholder Issues for an Emerging Financial Technology
title_full_unstemmed The Economics of Mobile Payments: Understanding Stakeholder Issues for an Emerging Financial Technology
title_sort economics of mobile payments: understanding stakeholder issues for an emerging financial technology
publisher Institutional Knowledge at Singapore Management University
publishDate 2008
url https://ink.library.smu.edu.sg/sis_research/2130
http://dx.doi.org/10.1016/j.elerap.2006.12.004
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