Industry Disruption of Mobile Payments; Apps Making Major Moves
In the race to make wallets obsolete and just use smart phones for payment, the realm now covers bill paying applications as well. In 2008, Dwolla seriously disrupted the industry when they launched and were all about figuring out a way to use the internet to exchange payments without high trade fees. At the time, the CEO’s e commerce company in Iowa was generating about 1.5 million dollars in sales, …