Comments on: Begun, the Mobile Payment Wars Have http://staging.blog.biakelsey.com/index.php/2010/11/17/begun-the-mobile-payment-wars-have-2/ LOCAL MEDIA WATCH. The Nexus of All Things Local Mon, 01 Jun 2015 22:23:47 +0000 hourly 1 https://wordpress.org/?v=4.2.39 By: Brian Hayashi http://staging.blog.biakelsey.com/index.php/2010/11/17/begun-the-mobile-payment-wars-have-2/comment-page-1/#comment-451661 Sat, 20 Nov 2010 20:39:48 +0000 http://blog.kelseygroup.com/mobile/?p=8969#comment-451661 The mobile carriers have been dragging their feet on this for years. The carriers are incredibly slow to remit funds, and have arcane limits on the amount of money a third party can charge the customer. Not all carriers will support a greater than $9.99 price point.

While Groupon is sometimes criticized for its near-usurious revenue share, it has set the gold standard by writing checks to its customers, quickly. In that way, Groupon is an updated version of bank factoring. If ISIS is to be competitive, it needs to dramatically rethink its approach to lockboxes.

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