Mobile payments – the tipping point

"There comes a tipping point when market readiness, social behaviour and technology combine to create a sudden, ubiquitous change of behaviour. For mobile payments the tipping point may have arrived – but will there be a dominant solution, asks Paul Stoddart.

VocaLink has completed one of the largest pieces of research into mobile usage by asking more than 10,000 adults across the United Kingdom (16-65 year olds) about their habits and behaviours. The research was designed to understand usage of and attitudes to mobile payments in both general and specific scenarios (such as paying for parking and retail) and to explore consumers’ views on the aspects of trust, reliability and security." Continue Reading