It's not just brick - and - mortar retail businesses that can benefit from
embracing mobile payments.
While neither merchants nor consumers have yet fully
embraced mobile payments, mobile wallets offer benefits to all stakeholders: enhanced security features, faster checkout, and loyalty integration.
Millennials and the affluent
embrace mobile payments Millennials are leading the way in mobile payments use.
Not exact matches
He was surprised to learn that while
mobile payment technology saw active use overseas, U.S. consumers had yet to
embrace it.
Niklas Arvidsson, an industrial technology and management researcher at KTH, says that the widespread and growing
embrace of the
mobile payment system, Swish, is helping hasten the day when Sweden replaces cash altogether.
Forrester analyst Thomas Husson said in a new report on
mobile payments that most of these revenues are derived from eBay's online platform, but moving forward, we should see more and more merchants
embracing the solution and generating incremental sales.
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.
Starbucks, which is spearheading its maiden «cashless store» in Seattle, has
embraced mobile tech
payments.