This report provides an introduction to mobile wallets, and explains why they should accept mobile proximity/point-of-sale payments through their own mobile app, through financial institution-issued mobile wallets, and through third-party mobile wallets.
With comparative data for the U.S. going back to 2011 and the U.K. for the last two years, this report will give you insight into how quickly the industry can change. A shocking shift in consumer sentiments is revealed!
Discussion around near field communications (NFC) technology has been raging for many years. The technology is finally becoming the standard method of making an in-store payment with a mobile device, with the launch of solutions like Apple Pay guaranteeing its future.