Mobile payments adoption is slow, but awareness is growing

mobile payments trends

Accenture finds that awareness of mobile payments is on the rise Accenture has released new data that shows that consumers in North America still prefer to pay with cash and payment cards rather than mobile devices. Awareness of mobile payments is growing quickly among consumers, but adoption is growing slowly. Consumers have interest in the concept of mobile payments, as they are seen as more convenient in some cases, but security concerns appear to be a significant challenge for consumers. North American smartphone owners are using their devices to make…

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Mobile commerce is evolving with the help of social media

social media marketing mobile commerce

Social media companies are looking forward to the evolution of mobile payments Social media companies see a great deal of promise in the mobile commerce space, especially if it continues to become more personalized for consumers. The world of mobile commerce is beginning to evolve, with retailers and brands offering more personalized experiences to consumers. Facebook, Google, and Foursquare are all trying to deliver these experiences as seamlessly as possible in order to secure the growth of mobile commerce and its continued evolution. Facebook sees great promise in engaging with…

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Google launches its new mobile payments service

Google Wallet Mobile Payments

Google has officially launched Android Pay Google is taking another swing at mobile payments with the launch of its Android Pay platform. The new platform has been officially launched in the United States and is designed to work alongside Google Wallet, which is the company’s initial foray into the mobile commerce scene. Google has worked with various organizations to ensure that its mobile payments service will be as widespread as possible. Currently, Android Pay is accepted at more than 1 million retail locations throughout the United States. Android Pay is…

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Mobile payments adoption remains somewhat slow despite promising potential

apple pay iphone 6s smartphone battery

Mobile payments are growing more popular, but adoption is not as high as companies would hope Mobile payments have gained a great deal of popularity in recent years, but adoption may not be growing as quickly as some may believe. Several companies have become involved in the mobile payments market, but they are finding it somewhat difficult to attract consumers to their new payment services. This has been the case for Apple and Google, whom have already established a foothold in the payments market, but have encountered difficulties when it…

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Samsung’s mobile payments service to launch in September

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Samsung sees promise in the mobile commerce space due to growing consumer interest Samsung has plans to launch its own mobile payments service in South Korea and the United States in September of this year, somewhat later than the company originally planned. After the initial release, the service, called Samsung Pay, will be released in Europe, China, Australia, and South Africa. These details were revealed by Samsung executive vice president of mobile commerce Dr. Injong Rhee during a recent Samsung event. Company will compete with others in order to find…

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