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    US consumers prefer bank offered mobile wallets

    News in brief

    More than half of US consumers (51%) are likely to use a bank offered mobile wallet with the top challenges for mobile wallet adoption being fear of identity theft (68%) and merchant acceptability (33%), research from CCG Catalyst reveals. “45% currently use PayPal mobile, which was the most popular mobile wallet used by consumers who took part in the survey,” the company says.

    Filed by Email Rian Boden Published • Last updated 5 November 2015, 12:36

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