With sufficient thrust, pigs fly just fine. However...
You know what would be nice and refreshing? To see that all those big phat happy corporates would bend down and look at offering services the end user would find use for.
In that respect operators and banks both more or less resemble the recording companies in the sense that you-the-consumer is very much the product, not the customer. You know, provide a channel to conduct the payments through, don't try to own the whole thing. People keep on forgetting that "the internet" is nothing more than a way to ship bits from here to there. Why should my handset be any different? Why do you have to "own" it? *I* paid for it, not you. What have you done for me lately, hm?
And, oh, pushing technology for the sake of the technology is getting a tad old too. Why not run that one-wire-protocol thing out to the shell so we can have touch plate payments? That would take away a lot of the security concerns voiced by people who don't take the industry's (mouthpiece hack's) word for more than they paid for it.