Sunday, October 27, 2013

Consumers don’t trust mobile payments study finds

"Fewer than one in four of UK consumers would use their smartphone like a credit card to make payments even if they had the relevant app, according to a new survey carried out by YouGov on behalf of outsourcing firm Firstsource Solutions.

Fears that personal bank details will not be secure are the reason given by 80% of respondents for their decision not to use mobile payments. One in five said that they wouldn’t use it because they don’t trust the battery on their smartphone to last." Continue Reading

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