Mobile Payments in a Moment Friday 15th June

Mobile Payments in a Moment Friday 15th June

By June 15, 2018 Research No Comments

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.

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