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As I mentioned, Sprint was the only major carrier to officially throw its weight behind Google Wallet, and even its historically-chummy relationship with Google couldn't stop the wireless provider from reportedly considering a mobile payment alternative.
The same tap-to-interact/tap-to-pay technology which Apple has notably shunned in its iPhone devices, leaving others like Google Wallet and carrier-led Isis to try to push the technology forward as a mobile payment alternative here in the U.S.
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Most mobile payment alternatives to bank accounts and credit cards are SMS-based.
The move to introduce a cashback card is part of PayPal's quickly evolving strategy to increase its traction at point-of-sale, where mobile payments alternatives like Apple Pay, Android Pay, and Samsung Pay are gaining ground.
The analyst does not mention the rise of alternative mobile payment devices that do not rely on NFC — such as Square and its many rivals — but there are a wealth of startups in this area which could become another limiting factor for NFC.
Douglas G. Bergeron, VeriFone CEO said of the acquisition "Our vision is to offer retailers everywhere a managed service to easily accept all existing payment types, including the evolving alternative and mobile payment methods being offered by Google, PayPal, Groupon, Isis, Visa, MasterCard, and American Express.
The banks had been working to develop their own alternative to popular mobile payment apps for years, but those efforts only recently began picking up momentum.
Larger retailers are beginning to offer their own alternatives to emerging mobile payment systems, like Apple Pay, Android Pay and Samsung Pay.
Mobile payment is receiving growing attention globally, from consumers to merchants, as an alternative to using cash, check, or credit cards.
A complete mobile payment system.
Mobile: Payments Heating Up MasterCard expands its mobile payment system.
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