In a Mobile Commerce Press article about mobile payments in the US, the writer describes the current drive to make payments more efficient as current systems are neither secure nor convenient enough. Following his success with mobile applications during the Obama 2012 campaign, Harper Reed has announced that he and a team of developers are planning to develop a new mobile payments application.
Although in early stages, the envisioned aim is for simple one click purchases, a move which would also transform the online retail scene. Nevertheless, the writer concludes, “In order for Reed and his team to find the success they seek in mobile payments, they will have to find a way to solve the security problem.”
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