How Mobile Payments Can Go Mainstream

Every morning, you check for three things before you leave the house: phone, wallet and keys. But what if you only needed to look for two or even one?

The solution to this equation is the digital wallet, and tech giants such as Google, Apple and PayPal have already revolutionized the mobile payments space. Using modern technologies, mobile payment solutions allow consumers to purchase items via mobile apps. However, despite their growing popularity, 80 percent of consumers still express some hesitancy about using mobile payment services.