Thank you for sharing!

Your article was successfully shared with the contacts you provided.

After sitting on the sidelines the last few years, the digital wallet is finally gaining traction with consumers. According to mobilepaymentstoday.com, a new Juniper Research study projects that the number of mobile wallets using contactless technology will reach 200 million by the end of 2016, representing growth of more than 100% since the end of 2014. Consider also a new Wristly survey of Apple Watch owners that found that 80% of respondents in the U.S. and U.K. have already used Apple Pay.

So while current reports of U.S. digital wallet adoption remain lackluster, a sneak peek into the future reveals a different paradigm.    

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.