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The SmartPhone Wallet: Understanding the Disruption Ahead Paperback – December 17, 2010
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Top Customer Reviews
The book is short, and not intended to be comprehensive. But I found it to be a good and quick guide on Smartphone Wallet technology, and so would recommend it to anyone wanting to learn more about this future payment method.
Having experience in mobile, e-transactions and POS, I found David's writing insightful, clear, and well structured. This is a great primer for anyone at any level who's interested in smartphone wallet technology. The book is constructed in a clear straightforward style. David provides great descriptions that simplifies the readers ability to understand, and layer their own specific details over the provided wire-frame.
But this is no See Spot Run primer. David explains very sophisticated, complex networks and transactions in a simple fashion with easy to understand parallels. Understanding how credit and debit networks were born helps reader's understand the challenges and opportunities associated with smartphone wallet technology.
David's concise, intelligent presentation in New York is what led me to buy the book. He's knowledgeable about the industries that encompass mobile money services including; software, hardware, financial services and distribution. His background in telecom and experience as an analyst culminates in someone who knows where the rubber meets the road. David's practical look at the big picture, the big players, and history of the electronic payments leaves the reader with an understanding of the disruption ahead.
I highly suggest this book to anyone who's interested in smartphone wallets. It's a great primer for any executive who wants to understand what mobile money means for his business. But the book is not just a 40,000 foot view, it also speaks to the public, providing a clear picture for all consumers who want to make educated decisions concerning smartphone wallet services.
But for any of this to become a full-blown reality, all players will have to adhere to sensible standards, which are currently in the embryonic stage. This is a hot-button issue for Schropfer, and he not only does a good job of summarizing the technical aspects but adeptly addresses the high stakes involved for this emerging platform.
Schropfer's coverage of these subjects is thorough and illuminating, providing a clear and concise overview of all relevant topics, and should be the perfect introduction to the next book in the series: The SmartPhone Wallet - A Consumer Guide to the Services of Today and Tomorrow, which will cover this important subject in even greater detail.