The Mythology of Mobile Payments
Myths are keeping Americans from making the jump to mobile payments. Even though nearly half of Americans are smartphone users, the United States hasn't embraced mobile payments as eagerly as other countries. There are many myths surrounding the idea of mobile payments that have likely contributed to this slow adoption. Now that the mobile payments market is expected to grow from $16 billion in 2010, to $200 billion in 2015, its time to address these myths.