Mobile payments awareness is rising in North America despite low adoption

mobile payments awareness wallet NFC near field communication

Consumers here still feel most transactions will be based on cash at least until 2020. An Accenture study showed mobile payments awareness has reached 56 percent of consumers in North America. This represents a 4 percent increase over the figures recorded a year ago. That said, those same consumers don’t appear to be adopting mobile wallets. Regular mobile payments usage has stayed at 19 percent among North American consumers. This, despite the fact that a much higher number actually know the transaction method exists. Among the respondents in the mobile…

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Mobile wallets not taking off as many had hoped

Mobile Payments NFC Technology

Smartphone payments are increasing in popularity but far more sluggishly than many predicted. Though mobile wallets have been greatly hyped and have remained at the head of m-commerce news since the very first idea was conceived, the fact of the matter that very few people actually have them and that businesses outfitted to accept these payments aren’t finding that customers are interested in using this option. Salt Lake City was meant to be one of the centers that launched this technology. It is one of two cities that have been…

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