Mobile commerce expanding as wallets grow in popularity

Mobile Commerce News

Wallet applications help boost adoption of mobile commerce As mobile commerce continues to grab the interest of consumers around the world, the competition in the mobile wallet field is beginning to heat up. Mobile wallets are the platforms through which mobile payments are made. These simple mobile applications store a consumer’s financial information, accessing this information in order to facilitate a payment. Most conventional mobile wallets are based on NFC technology, but because this technology is still somewhat exclusive in the mobile commerce sector, wallet applications are becoming more connected…

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