Patrick de Laive

A while ago I wrote a post about why Vodafone should buy ABN AMRO
It says:

How do you pay for a Mars-bar, or your coffee at Star Bucks, your new fake la fraise tees from the market, the parking lot, etc. ? Well, in most cases you’d probably answer or a. cash or b. credit card. But what to think of C. Your Mobile phone!

The news got out yesterday that Rabobank just announced to launch a new Telecom company that enables payments by telephone just as easy as with your ATM- or Credit card.

I guess it was a pretty good guess :

It would make sense if your telephone bill is incorporated into your bank account. The costs of mobile payment would decrease to virtually zero and before you know it you’re paying everywhere with your Nokia F2.0. One way this could be done is if a Bank starts his own Telco (or vica versa), another way is if a Bank and a Telco merger (or one acquires the other).