Who would've thought the U.S.'s four major cellular carriers - AT&T, Sprint, T-Mobile and Verizon - would ever join forces?
That's reportedly the case as all four have joined the Mobile Payments Committee, a newly launched group put together by the Electronic Transactions Association.
Google, ISIS, PayPay, Verifone and Intuit are also reportedly members.
According to committee chair Jackie Moran, who also happens to be executive director of ederal relations at Verizon, the group will attempt to navigate through issues like interoperability, mobile payments lawmaking and emphasizing payment technology's benefits to consumers.
When the major players to sit at the same table, Moran said the hope is that the company hats come off and the industry hats come on.
Unfortunately for the committee's objectives, Square, perhaps the most major mover in the mobile payment playing field, hasn't indicated it'll join the powwows.
Given the company's landmark deal Wednesday with Starbucks, the committee might want to see about courting Square's membership.
We'll have to wait and see what impact, if any, the committee has on how U.S. consumers make mobile payments.
Via The Verge