Visa plans to launch a mobile application, V.me, later this year.

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Mobile broadband is an entire industry that will enjoy sustained V growth.

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As we have proven in Japan, we have achieved a v-shaped earnings recovery in the acquired mobile business and grown dramatically by introducing differentiated products to an incumbent-led market.

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As Jacobson points out, the mobile commerce ecosystem includes payment processing network companies such as Mastercard (MA), Visa (V) and American Express (AXP) as well as point-of sale (POS) equipment companies like VeriFone (PAY) and NCR Corp. (NCR), which should help alleviate privacy and security concerns.

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You are number one in the fastest growing segment, mobile, with incredible games like The Simpsons: Tapped Out, Real Racing 3, Bejeweled, SCRABBLE and Plants v.

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His departure at a time, when the point-of sale is shifting to mobile platforms, leaves PayPal facing big challenges from other payment transaction middlemen like the credit card heavyweights: Visa (V), MasterCard (MA), and American Express (AXP).

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