The evolution of the digital payments : the past, present and future of digital payments
Name
1031985280-MIT.pdf
Description
Full printable version
Size
4.91 MB
Format
Adobe PDF
Checksum (MD5)
bb0a48020fd5ce4ab34920012c2d8a8b
Author(s)
Naik, Vaibhav C
Advisor(s)
Patrick Hale.
Date Issued
2016
Publisher
Massachusetts Institute of Technology
Abstract
The past couple of years, we have observed the rise of the Digital Wallet, a potentially game changing technology application in the financial industry. Digital Wallets allow consumers to pay for purchases through digital devices, and the technology has created a battle among payment networks, banks and technology firms. In this paper, we analyse how the Digital Wallet is impacting the technology space, including the level of disruptiveness and future potential. We have two hypotheses regarding Digital Wallets: H1: The Digital Wallet is disrupting the credit card network. H2. The Digital Wallet is disrupting the physical plastic card.
Description
Thesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, System Design and Management Program, 2016.
Cataloged from PDF version of thesis.
Includes bibliographical references (pages 37-39).
Subjects
System Design and Management Program.
MIT Department
System Design and Management Program.
Terms of Use
MIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission.
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