As consumers continue to shift their lives toward mobile phones, our new infographic illustrates key facts and figures behind the trend
toward mobile payments.
The study shows improved sentiment
toward mobile payments and rapid growth in consumer use and merchant acceptance.
Not exact matches
Privacy and security are big concerns, but the biggest obstacle
toward acceptance of
mobile payments looks to be a surplus of other options.
The trends
toward mobile and contactless
payments are only new iterations of accepting credit cards, designed specifically to improve the security of an outdated and often insecure mode of
payment.
PRIME Research conducted the
Mobile Payments Study across 56 markets and 26 languages in North and South America, Europe, Africa, Asia and the Pacific Rim to assess people's use of products, adoption willingness and sentiment
toward existing options.
Together, Dan and Nick founded the new
mobile app and platform, which helps student loan borrowers make additional interest
payments toward their loans by using the spare change rounded up from everyday purchases.
Dr. Cheng said she's looking into offering
mobile - phone minutes to people as an incentive for using one of her team's toilets - and a
payment for their contribution
toward the fertilizer it will produce.