mobile payments and social networking ecommerce are really starting to come alive in the marketplace. what is interesting that as we mature as an internet society the power of these massive platforms increases. could facebook sell more goods than walmart – definately. will more and more purchases be digital – for sure. just think of all the services that people use that could be transferred to a digital marketplace from a supply chain and procurement perspective (e.g. think of e-ticketing, while you physically fly on a plane, its all digital until you actually check in).
this is a good article from tech crunch speaking about the key players in payment systems