Epic Thanksgiving Giveaway: MSI GeForce RTX 3080 GAMING X TRIO!
TRENDING NOW: Here's our Top 10 best handpicked Amazon Black Friday tech deals!

Mobile payment market is up for grabs among companies pushing services

Consumers are showing more interest in mobile payments and wallets, and the market is currently up for grabs.

Published Sat, Feb 28 2015 6:40 AM CST   |   Updated Tue, Nov 3 2020 12:09 PM CST

The development and adoption stage of mobile payments is still relatively new, and it's anyone's game for companies putting effort into the market, according to a new Harris Poll.

Mobile payment market is up for grabs among companies pushing services | TweakTown.com

At least four in five smartphone owners in the US are familiar with some type of mobile payment offering - and one in three have embraced a solution. Apple Pay has driven interest, nurturing a booming ecosystem being utilized by banks, retailers, and a growing number of iPhone owners.

"Consumers are clearly ready for mobile payments," said Kathryn Koegel, chief of insights and communications at Steampunkt Collaborative, in a statement published by USA Today. "People are using their phones to conduct research, get discounts and deals, compare prices, find elusive items and navigate around stores. We are only a short step away from completing that circle by finishing the actual transaction with a mobile wallet."

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

Newsletter Subscription

Related Tags

Newsletter Subscription
Latest News
View More News
Latest Reviews
View More Reviews
Latest Articles
View More Articles