Welcome to our regular roundup of the best news and opinion on mobile payments.
UK small businesses increase acceptance of mobile payment apps – Mobile Payments Today
An independent report, conducted by Verve Partners Research and commissioned by Verifone for MoneyConf, shows that more than a quarter (29 percent) of U.K. small and medium businesses now give their customers the option to pay using an app in store – and microbusinesses are beginning to follow suit.
UK Shoppers Prove Leery Of Mobile Payments-Driven Checkout – Payment week
A self-checkout driven by a mobile payments system coupled with a mobile app is being greeted with scepticism in the UK. This is largely down to fears of data security – 52% are sufficiently concerned that they would rather queue up than use an app.
Gen Z through the mobile payments lens – Mobile Payments Today
Although they are only just reaching adulthood, Generation Z are already using digital banking technology. And as this report – drawing on a survey of 2500 16 to 18 year olds on their financial habits – demonstrates, in terms of mobile payments usage, they are already outpacing Millennials.