More than two-thirds of the world’s population has a mobile phone, creating opportunities for new payment platforms in both developed and developing nations. In the former, where the market for mobile telephony is mature, mobile payments are seen as a potential source of revenue by mobile operators, who are trying to diversify their services. In the latter, mobile payments could transition the unbanked into mainstream financial services, and could create new opportunities for commerce as mobile devices can make transactions more efficient and provide merchants and consumers with new access to information.