QR Code Press

Mobile wallet adoption may not be mainstream for years

10/16/201410/13/2014 Jennifer Goula

According to a recent report from eMarketer, there is still quite some time before this tech will be commonplace. According to a report that was recently released by eMarketer, the use of mobile wallet transactions will rise considerably in the United States in 2015, but it will still be a long time before shoppers will be willing to use smartphone payments instead of cash or credit cards. Over the short term, it doesn’t look as though there is going to be much of a difference in payment transactions. An analyst…

Mobile wallet trial in Salt Lake City shows increasing activity

02/08/201302/06/2013 Jesse Collins

The latest statistics have shown that the NFC technology based payments average 5 transactions per user per week. While mobile wallet projects may have had a slow start, causing some to doubt whether or not they’d ever take off, the Isis trial in Salt Lake City is starting to show that once people adopt the service, they become active users. Isis remains in its very earliest phase, existing only in official trials within two cities at the moment. According to Jim Stapleton, the chief sales officer for the mobile wallet…

Mobile wallets not taking off as many had hoped

10/02/201210/02/2012 L. Green

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…