It’s getting crowded out there in the mobile payments space.
After years of inactivity, everyone’s woken up to the opportunities out there, not the least PayPal.
PayPal did nothing in mobile through the 2000s, and I worried they were missing a huge opportunity to grow their business. In fact, being close to the UK PayPal team, it was a shock when they pretty much closed their mobile focus in 2008.
Then along came Square.
Square really shook PayPal’s tree.