Mobile wallets may be arriving sooner than expected

mobile wallets

This is placing greater pressure on retailers to upgrade their point of sale terminal security. Though mobile wallets and other types of payment systems have been dragging their heels in the United States, falling short of many expectations, the launch of ISIS in Austin and Salt Lake City could propel the adoption of the service forward. This could make it even more important for retailers to meet their upgrade deadlines. So far, the launches of the leading mobile wallets have been based on near field communication (NFC) technology. This means…

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