The University of Washington School of Law presents Mobile Payments: Global Markets, Empowered Consumers and New Rules? Oct. 29, 2010.
More than two-thirds of the worlds population has a mobile phone, creating opportunities for new payment platforms in both developed and developing nations. In the former, where the market for mobile telephony is mature, mobile payments are seen as a potential source of revenue by mobile operators, who are trying to diversify their services. In the latter, mobile payments could transition the unbanked into mainstream financial services, and could create new opportunities for commerce as mobile devices can make transactions more efficient and provide merchants and consumers with new access to information.This one-day conference will explore the benefits of mobile payments in to consumers both in developed and developing markets and the types of regulatory approaches that will increase consumer adoption and provide incentives for businesses to compete in this emerging space.
