Mobile payments made at the point of sale in the US will increase 54% in 2016 compared to 2015, with continued growth expected through 2019, research from Packaged Facts predicts. “The forecast is predicated largely on continued movement toward smartphone usage saturation and an increase over time in the percentage of smartphone users making mobile payments at the point of sale,” the firm says.
- eMarketer: Mobile payments adoption held back by ‘strong contactless card usage’ in Europe
- Korean card companies to launch joint NFC payments service in bid to combat Chinese QR threat
- Wells Fargo puts AI into mobile app to help customers manage their money
- Apple CEO: Mobile payments taking off more slowly than expected
- Microsoft sets out vision for a blockchain-based infrastructure that lets consumers manage their own digital identities