In my country, I made a replacement for cab payments with mobile payments. We had the cab payment people, and all the telcos on board. However, because of the

In my country, I made a replacement for cab payments with mobile payments. We had the cab payment people, and all the telcos on board. However, because of the telcos selling virtual goods, they were used to 30%-50%-70% or more of the transaction. Where as the cab people were getting 10% on the credit card payments. The telcos gave up massive real world markets in order to keep their tiny ring tone, and wall paper markets. idiots