Mobile Payments mainstream adoption will be led by banks

Mobile Banking Industry

It will likely be the large and well established financial institution that will encourage its wide acceptance. Experts in the mobile banking industry are now predicting that retail banks are going to start to make larger strides into the sector in order to help themselves to reduce costs, improve their innovations, and hang on to more tech savvy customers who are growing in numbers with each passing year. This should also help to establish more mainstream adoption of using smartphones for buying. This does mean, however, that any banks that…

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