Gemalto is hosting their famous Mobile World Congress (MWC) Q&A session on their blog. A few weeks I inquired about the future of NFC, mobile payments and banking, and wondered if these technologies would be better targeted at emerging markets where smartphone penetration is higher than PC.
The reason I asked is because I spent half my life in Malaysia and have families there, so I am aware on how high smartphone penetration is there when compared to traditional computers. Even then, mobile banking has yet to take off. Heck, they have yet to embrace chip & pin solutions as we have here (my dad still insists on using signatures!).
In a country that has yet to have a single payment technology establishing itself on the market like chip & pin has done here, I figured it would more sense to target them. After all, it appears that people in emerging developing countries are addicted to smartphones, and with NFC becoming more prevalent, it seems ripe for the technology to take off.
Gemalto's answer to my question can be found on their blog. Go and have a gander.