31 July 2015


Alexander Peschkoff - TEDIPAY

110Posts 428,593Views 511Comments

McDonalds announces McWallet - 'I am loving it'

22 June 2012  |  2503 views  |  0

I was joking, of course, but I bet many of you were not surprised - hardly a week goes by without some "m-wallet" announcement here or there. How many more m-wallets need to be launched before it becomes a four-letter word?

In fact, how many wallets does a consumer need? Just one!

The one which works in both physical and online worlds - and does so with the same high level of security.

The one which lets you decide which cards to store in it.

The one which is fully protected even if your phone is lost or stolen, and which can be instantly blocked if needed.

The one which can be quickly and easily transferred - and only by you - from one mobile device to another.

The one that allows you to make secure payments using either a card or a bank account.

The one that lets you lend a card to your wife or a best friend, if needed - in person or remotely.

The one which works in the same simple and convenient way with any phone, any operator, any bank, anywhere in the world.

Is there "the one" out there? If there is, it is unlikely to be McWallet.

(Hm, "TheOne" sounds like a cool name for such m-wallet)

TagsMobile & onlinePayments

Comments: (1)

Alexander Peschkoff - TEDIPAY - London | 23 June, 2012, 10:15

I've had several private messages on the subject of m-wallet. Let me clarify the confusion: a solution that is tied up to just one party is a mobile payment app, not a wallet. M-wallet is (should be) an enabling platform which can host/unite multiple payment solutions (e.g. cards).

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Latest posts from Alexander

Apple Pay and TfL tidbits

20 July 2015  |  1460 views  |  1  |  Recommends 0 TagsMobile & onlinePaymentsGroupInnovation in Financial Services

Apple Pay: lessons for Cupertino

17 July 2015  |  9248 views  |  7  |  Recommends 0 TagsMobile & onlinePaymentsGroupInnovation in Financial Services

Apple Pay: the good, the bad and the... roadmap

16 July 2015  |  2289 views  |  1  |  Recommends 0 TagsMobile & onlinePaymentsGroupInnovation in Financial Services

What is bPay's business model?

10 July 2015  |  1610 views  |  0  |  Recommends 0 TagsMobile & onlinePaymentsGroupInnovation in Financial Services

Seven stupid things about Apple Watch

12 April 2015  |  2922 views  |  2  |  Recommends 0 TagsMobile & onlineInnovationGroupInnovation in Financial Services

Alexander's profile

job title CEO
location London
member since 2012
Summary profile See full profile »
I am the co-founder and CEO of TEDIPAY, the company that is bringing to the market a game-changing platform for secure mobile transactions.

Alexander's expertise

What Alexander reads
Alexander writes about

Who's commenting on Alexander's posts

Ketharaman Swaminathan
Andrew Rothwell
Martin cox
Sunil Gokani
Matt Scott
Dave Sanderson
Robert Avery
Lu Zurawski
Chetan Ghadge
Paul Love