[April 02, 2012]

Wallet Wars: Amex and Visa join Amazon, PayPal and Google at The Open Mobile Summit

The battle for control of the mobile wallet is high on the agenda at this year's annual mobile industry gathering.

Keynotes at The Open Mobile (News - Alert) Summit, 29-30 May London this year include Dan Schulman, Group President American Express, and Peter Ayliffe, CEO of Visa Europe.

They're joined by heavy hitters from PayPal, Amazon, Google (News - Alert) and all of Europe's leading operator groups as the industry races to define the future mobile payments ecosystem.

Brands and retailers are also getting on the act - with Unilever, Starbucks, EAT, Gondola Group and others joining this year's line-up - a clear indication of the rising tide of mobile commerce activity.

"After a slow start it looks like mobile payments are ready for prime time. Visa Europe have a massive push around payments at the Olympics this year, AmEx have a whole host of really progressive activities right across te mCommerce space, and a growing number of retailers are putting contactless terminals in store." Said Open Mobile Summit executive producer Robin Batt

"Meanwhile, the 'wallet wars' are intensifying as PayPal (News - Alert), Square, Google Wallet and leading mobile operators gear up to enable the next generation of services" said Batt.

"This is partly about transactions, but the real value comes in the marketing aspects of the future mobile wallet - and integrating transaction data with online shopping and loyalty programmes to provide better customer engagement and personalisation".

"That's why we're bringing the brands, retailers, and customer loyalty programme folks into the conversation too this year - as 'big data' comes into focus."

Now in its fourth year The Open Mobile Summit is widely recognised as the thought leading event for CEOs and senior strategists in the converging mobile, Internet and media space.

The Open Mobile Summit is taking place 29-30 May at the Victoria Park Plaza hotel in London. For more information, and to register to attend, please visit:

http://www.openmobilesummit.com

About Open Mobile Media Ltd

The Open Mobile Summit is produced by Open Mobile Media Ltd, an independent group founded in 2008 by communications industry consultant Robin Batt. The company produces The Open Mobile Summit in London and San Francisco, as well as Appcelerate in San Francisco.

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