The Fast-Growing Mobile Payments Market That Will Convince You It's Not Hype

Ashesh Shah
August 12, 2013
260 Views

Consumers gravitate to convenience. That’s as true with payment technologies as it is with anything else. A prime example is the decades-old trend away from cash or checks and toward credit cards.

Now, the mass adoption of smartphones and tablets has set the stage for a new move — away from fixed-point, card- and cash-based transactions and toward those completed on mobile. The old dream of the “digital wallet” is coming true in a very particular mobile-led fashion.

In a recent report from BI Intelligence we explain the main types of mobile payments, analyze the state of the mobile payments race, examine the matchup between card readers and near-field communications (NFC), look at how traditional banks, credit card companies, and card processors are responding to the mobile payments threat, and detail who is furthest along in developing the all-in-one solution for merchants and consumers.

Access the Full Report By Signing Up For A Free Trial Today >>>

Here are 5 data points that help underscore the explosion:

You may be interested

Using Data and Analytics to Drive Digital Transformation
Data Science
0 shares97 views
Data Science
0 shares97 views

Using Data and Analytics to Drive Digital Transformation

Ashesh Shah - Oct 15, 2017

Advanced data analytic are rapidly becoming the “digital microscopes” that allow organization to reveal hidden insights and quickly act on…

How small businesses can get the most from cloud computing?
Cloud Services
0 shares226 views
Cloud Services
0 shares226 views

How small businesses can get the most from cloud computing?

Ashesh Shah - Sep 30, 2017

Over the years there has been an astronomical growth in the cloud services industry. Cloud computing is the practice of…

The overall impact of Artificial Intelligence
Artificial Intelligence
0 shares398 views1
Artificial Intelligence
0 shares398 views1

The overall impact of Artificial Intelligence

Ashesh Shah - Sep 15, 2017

The basic concept of artificial intelligence is that a computer system can be used to perform tasks that would ideally…

Leave a Comment

Your email address will not be published.

Captcha *