A mobile payments breakout is still a few years away for the U.S.

A breakout hit for real-world mobile payments in the U.S. is still a year or two off, despite the emergence of superphones and rich ecosystems with hundreds of thousands of apps, said panelists at VentureBeat’s MobileBeat2010 conference today.

While there are notable mobile payments startups cornering the virtual goods market, like Zong, a viable phone-based rival to the credit card has yet to emerge. The primary barrier isn’t the technology itself, but rather the level … Continue Reading