The document outlines 7 barriers to widespread adoption of mobile payments: 1) fees being too high and complex, 2) over-regulation slowing adoption, 3) no clear winner emerging among payment options, 4) players hedging bets slowing standardization, 5) unclear benefits of NFC technology, 6) security, simplicity and speed not adequately addressed, and 7) messaging around convenience and speed being flawed. The document argues that addressing these barriers is key to accelerating adoption of mobile payments.