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I doubt that any consumer really thinks about security when using mobile payments. They have no idea how it works and assume security, just like they do with th
by k-mcgrady 12y ago
I doubt that any consumer really thinks about security when using mobile payments. They have no idea how it works and assume security, just like they do with their credit card. I think the adoption rate has already changed. It seems like Apple Pay has done very well in it's first few months and it's rumoured to be expanding to the UK in the next few months too.
If it is slow one reason might be NFC payments via credit cards. Lots of debit/credit cards have NFC built in now and for payments under £20 you don't need to enter your pin. I see lots of people using that and for small payments it seems more convenient that mobile payments.