 Mobile payments in Japan, South Korea and China: Cross-border convergence or divergence of business models?Miao Miao and Krishna Jayakar Telecommunications Policy, 2016, vol. 40, issue 2, 182-196 Abstract: Competitive pressures created by the global market, and the demonstration of market potential in one country influences the incentives to adopt successful technologies and business models in similar countries. In this paper, we explore how mobile payment operation models might evolve in China, using the more mature Japanese and South Korean markets for comparison. Comparing existing business models in the three countries, we argue that regulation has affected both the industry structure and the vertical linkages of the different participants in the mobile payments ecosystem. We predict that rather than converging onto the mobile payment models of Japan or South Korea, the Chinese mobile payment industry is likely to see the coexistence of competing business models in the intermediate term. We attribute this to the contradictory incentives created by Chinese financial sector regulation for the participants in the mobile payments industry. Keywords: Mobile payment; m-commerce; Telecommunications; Business strategy; China; e-commerce (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:telpol:v:40:y:2016:i:2:p:182-196 Ordering information: This journal article can be ordered from DOI: 10.1016/j.telpol.2015.11.011 Access Statistics for this article Telecommunications Policy is currently edited by Erik Bohlin More articles in Telecommunications Policy from Elsevier |
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