Mobile payments use in the United States has doubled


Survey by IDC Financial Insights shows that Americans are embracing smartphone transactions. According to a mobile payments survey conducted by IDC Financial Insights, there has been a doubling in the popularity of transactions completed through smartphones in the United States. The research was conducted in May 2012 and looked into emerging pay method technologies. What it discovered was that 33 percent of respondents had used their devices for mobile payments at least once. It also identified significant growth in the area of prepaid cards. The report on the results indicated…

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