Mobile wallets don’t feel as secure as Bitcoin to Americans

mobile wallets

A recent online survey revealed that consumers in the United States feel that cryptocurrency is safer. According to a recent survey of 1,400 online American customers, people are more comfortable with digital currencies such as Bitcoin than they are with mobile wallets and other types of payment app. The results of the poll were reported in the 2015 Future of Retail study by Walker Sands. The respondents to the survey were asked to rate the method of payments that they feel are the most secure. The majority of people who…

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Converged payments could make mobile payments more attractive

global phone mobile payments commerce

Mobile transactions continue to gain momentum among businesses and consumers Mobile payments are becoming more common, but there are some challenges that are standing between this form of commerce and mainstream acceptance. One of these challenges has to do with a diversified infrastructure. There are many mobile payment services currently available, most of which use their own payment infrastructures. The emergence of new currencies, such as Bitcoin, is complicating this matter, creating yet more division in the mobile commerce space. Complex mobile commerce environments may be slowing growth and adoption…

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QR codes are the center of Bitcoin-inspired digital artwork

QR Codes Art

Quick response codes are now a part of pieces of art that have been created to be smartphone friendly. A company based on the Isle of Man, called CrypArt has now started on a new goal of using QR codes as a part of the artworks that it creates, making it possible for those pieces to be able to contain hidden messages that can be revealed through the use of smartphone scans. The messages contained in the quick response codes can contain everything from text to bitcoin wallets. This all…

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Digital Currency is the Way of the Future

mobile payment security concerns Digital Currency

Digital currency is beginning to become a defining feature of a new era in technological integration. Mobile devices are everywhere, more people are beginning to shop online rather than at physical stores, and physical currency is quickly losing its appeal as a symbol. Years ago, a person could flash a roll of cash and attract envious gazes. Now, however, the color of a credit card and a smartphone can say more about a person’s financial status that a pile of physical money. Mobile commerce is to blame for this trend.…

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Bitcoin becomes legal in California

bitcoin

New legislation makes the use of digital currencies legal in California California Governor Jerry Brown has signed new legislation into law that legalizes the use of Bitcoin and other digital currencies. These currencies had been banned in the state for some time, but this prohibition was overturned by those that believed a ban on digital currencies was outdated. The growing popularity of mobile commerce played a role in attracting support to the legislation, highlighting the fact that the way people are shopping for and purchasing products is beginning to change…

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