Most British consumers fear smartphone hacking with mobile payments

NFC Technology in transportation - Mobile Payments London

Worries about hacking into smartphones have been expressed by most British consumers when discussing concerns related to the use of mobile wallets and payments through their mobile devices. Intersperience data has shown that it is likely that these worries will slow the acceptance of new mobile payment systems across the country. In order to obtain this data, Intersperience interviewed more than one thousand consumers in the United Kingdom concerning their attitudes toward using mobile wallets and other mobile device payment systems. They discovered that only 17 percent wanted to use…

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