Canadians are quickly
adopting mobile payment technology, with Generation Y leading the way.
The Girl Scouts found similar success by
adopting mobile payment technology.
Not exact matches
At the root of their influence is a willingness to
adopt cutting - edge
technologies, whether that means
mobile payments, cryptocurrencies, peer - to - peer lending, or mapping services like Waze.
The survey also found that 65 % of respondents cited security of
payments made using new
technologies - such as contactless cards or
mobile phone apps - as their main concern in
adopting new
technologies.
Millennials are the most willing to
adopt mobile payments (71 %), although business owners of all ages agree that the
technology will offer customers a simpler
payment experience.
Although some believe that
adopting mobile payment systems doesn't make sense for their business, 60 % of small business owners say that they are ready to embrace the new
technology.
The firm previously collaborated with Mastercard on the financial giant's selfie authentication solution for
mobile payments, with that relationship adding credence to the possibility that the New York - incorporated company eventually ends up
adopting the new
technology.