Fast, Brilliant, Secure: Digital Wallets Deliver on Their Promise
A prime environment for accelerated digital wallet adoption is starting to take shape.
By CO-OP Financial Services|November 03, 2015 at 07:00 PM
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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.
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