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    News in brief

    Growth in millennials’ mobile commerce use

    News in brief

    Eighty-eight percent of US millennials are conducting transactions from their mobile device with 15% doing so multiple times a day, research from mobile capture and identity verification firm Mitek shows. Nearly half of older millennials have made a decision on where to spend money or switched companies based upon the mobile experience, the survey of more than 3,000 people aged between 18 and 34 in the US, Canada and the UK adds.

    Filed by Email Christopher Brown nfcworld.com Published • Last updated 28 November 2016, 21:28

    • Willam Hugh Murray, CISSP

      These numbers put the lie to the gloomy forecasts of a year ago. Consumers are discovering the convenience of mobile payments.

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