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Mobile Payments Still Confusing, Still Growing

The category certainly shows positive momentum. Last month, Parks Associates released research that found that one quarter of U.S. smartphone owners use payment apps at least once monthly and that more than 3 million retailers use Apple Pay and Android Pay. Consumers, the research found, prefer retailer-specific apps. The top three areas payment apps are used for are food and drink, clothing and event tickets. 

From the article "Mobile Payments Still Confusing, Still Growing" by Carl Weinschenk.

Previously In The News

Industry Voices—A new generation of data and its impact on traditional players

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To Invade Homes, Tech Is Trying to Get in Your Kitchen

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The streaming wars are flooding us with TV

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Apple earnings could offer clues on streaming performance

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