Contactless and e-wallets overhyped, new report

Ixaris and Anthemis have released the Payments Innovation Jury Report 2013, which, dear readers, you can download here.

Some interesting findings, in particular the stuff on e-wallets and mobile payments technology. Over half of the Jury, made up of major players in the global payments sector, does not believe there is a strong business case for e-wallets to replace credit and debit card payments. Mobile payments technology will have more applications in developing economies rather than developed economies. Although mobile technology is seen as the biggest driver for payments innovation, Jurors consider mobile payments to be overhyped. NFC/contactless payments are the most overhyped mobile payments type, with e-wallets second.

A solution in search of a problem, then, or is there some substance to all the mobile payments hype? I'm not sure 2013 will bring us any closer to the answers.