Business Models for NFC based mobile payments
Purpose: The purpose of the paper is to develop a business model framework for NFC based mobile payment solutions consisting of four mutually interdepended components: the value service, value network, value architecture, and value finance. Design: Using a comparative case study method, the paper i...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Aalborg University Open Publishing
2015-01-01
|
| Series: | Journal of Business Models |
| Online Access: | https://journals.aau.dk/index.php/JOBM/article/view/1046 |
| _version_ | 1827298369765113856 |
|---|---|
| author | Johannes Sang Un Chae Jonas Hedman |
| author_facet | Johannes Sang Un Chae Jonas Hedman |
| author_sort | Johannes Sang Un Chae |
| collection | DOAJ |
| description | Purpose: The purpose of the paper is to develop a business model framework for NFC based mobile payment solutions consisting of four mutually interdepended components: the value service, value network, value architecture, and value finance.
Design: Using a comparative case study method, the paper investigates Google Wallet and ISIS Mobile Wallet and their underlying business models.
Findings: Google Wallet and ISIS Mobile Wallet are focusing on providing an enhanced customer experience with their mobile wallet through a multifaceted value proposition. The delivery of its offering requires cooperation from multiple stakeholders and the creation of an ecosystem. Furthermore, they focus on the scalability of their value propositions.
Originality / value: The paper offers an applicable business model framework that allows practitioners and academics to study current and future mobile payment approaches. |
| first_indexed | 2024-04-24T15:13:46Z |
| format | Article |
| id | doaj.art-548da528fca942f1a64d6a5438f0edba |
| institution | Directory Open Access Journal |
| issn | 2246-2465 |
| language | English |
| last_indexed | 2024-04-24T15:13:46Z |
| publishDate | 2015-01-01 |
| publisher | Aalborg University Open Publishing |
| record_format | Article |
| series | Journal of Business Models |
| spelling | doaj.art-548da528fca942f1a64d6a5438f0edba2024-04-02T09:51:39ZengAalborg University Open PublishingJournal of Business Models2246-24652015-01-013110.5278/ojs.jbm.v3i1.1046Business Models for NFC based mobile paymentsJohannes Sang Un Chae0Jonas Hedman1Department of IT Management, Copenhagen Business School, DenmarkDepartment of IT Management, Copenhagen Business School, DenmarkPurpose: The purpose of the paper is to develop a business model framework for NFC based mobile payment solutions consisting of four mutually interdepended components: the value service, value network, value architecture, and value finance. Design: Using a comparative case study method, the paper investigates Google Wallet and ISIS Mobile Wallet and their underlying business models. Findings: Google Wallet and ISIS Mobile Wallet are focusing on providing an enhanced customer experience with their mobile wallet through a multifaceted value proposition. The delivery of its offering requires cooperation from multiple stakeholders and the creation of an ecosystem. Furthermore, they focus on the scalability of their value propositions. Originality / value: The paper offers an applicable business model framework that allows practitioners and academics to study current and future mobile payment approaches.https://journals.aau.dk/index.php/JOBM/article/view/1046 |
| spellingShingle | Johannes Sang Un Chae Jonas Hedman Business Models for NFC based mobile payments Journal of Business Models |
| title | Business Models for NFC based mobile payments |
| title_full | Business Models for NFC based mobile payments |
| title_fullStr | Business Models for NFC based mobile payments |
| title_full_unstemmed | Business Models for NFC based mobile payments |
| title_short | Business Models for NFC based mobile payments |
| title_sort | business models for nfc based mobile payments |
| url | https://journals.aau.dk/index.php/JOBM/article/view/1046 |
| work_keys_str_mv | AT johannessangunchae businessmodelsfornfcbasedmobilepayments AT jonashedman businessmodelsfornfcbasedmobilepayments |