Published November 24, 2014

Mobile wallets are the new way to pay

This holiday season it’s estimated that one third of consumers are likely to use mobile payment (such as Google Wallet or Apple Pay) for most of their needs, according to a survey by Stratos Inc. Another third don’t find mobile payment appealing at all.

The survey found consumers weren’t sure which stores accepted the payment option. Less than 5 percent were more comfortable with paying with their devices over credit/debit cards, though many found the option appealing in hopes of thwarting theft and for the ability to easily track spending.

With new technologies on the rise, it’s likely more changes are to come.

Read the full article here: 30% of holiday shoppers plan to pay with mobile wallet
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