Jerry Norton, head of strategy, financial services, Logica, part of CGI says:
"Being able to pay from of your bank account rather than your card account and enabling that on a mobile device will have a revolutionary effect on the market and there are a number of people looking at exactly that method of pay.
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Today, payments on a website are card orientated because the banks promote cards. However, there’s no reason why there could not be a button on that says ‘pay by my bank account’. If that is enabled in a mobile world, effectively you have a MyBank capability and you can make e-payments on a mobile handset.
This is a huge change that is going to come in that marketplace and what’s more it can be offered to a corporate. That way, it can make its own payments to the bank, or offer those services to its customers or clients."
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