Are you at ease using your mobile to make payments? It is not just about convenience, however we as consumers want added value and rewards...will our mobiles become our purchasing decider? Here's a nice article to keep you ahead of these disruptive technologies that are here to stay..
The credit card might have taken 50 years to reach mainstream adoption, but the speed of mobile wallet adoption is happening much quicker and it is being driven by the consumer, said panelist Paul Tomes, chief executive officer and co-founder, PassKit. This is particularly relevant for millennials and high-income earners – standouts in their willingness to use a smartphone to make those mobile payments. “People’s attitudes to using the smartphone are changing. They understand that there is more security and that it can provide more facility. And when you combine payments with a much more holistic view of the customer purchasing experience – because you now have content within the smartphone, that is enhancing people’s lives,”