The mobile phone is having a transformational effect on global commerce. In both developed and emerging markets, mobile devices are increasing connectivity and enabling broad access to financial services and new ways to merge off-line and on-line commerce.

It takes an average of 40 minutes to realize you've lost your wallet, but an average of only 5 minutes to realize you’ve lost your phone…

There are an estimated 6 billion mobile phones worldwide, representing unmatched ubiquity and an important distribution channel for financial and payment products.

Near Field Communications are enabling card functionality embedded directly into the mobile handset, and bringing enhanced spending applications directly to consumers with added functionality for security, loyalty and convenience. Meanwhile, even the most basic mobile device can act as an interface to an inclusive financial payment product, extending financial services to an ever-increasing market.

At Carta we believe leading the future of mobile payments also means delivering solutions that can function in the present, and enabling compatibility to grow and evolve with the market. To learn more about how Carta can deliver unique mobile functionality for current payment programs, and enable market-leading solutions for the future click here.