Wednesday, July 15, 2015

How Smartphones Will Become The Global Mobile Wallet

As Apple Pay launches in the UK, it’s a good time to step back and ask: when are we getting a truly global mobile wallet? That is, a wallet that can be used in any country, anywhere in the world – both in-stores and online. Recent Adyen data shows that we’re adopting mobile payments – in fact, mobile now accounts for 29% of all online transactions globally. And by 2020, 80 percent of the world’s adult population is projected to have smartphones, so a global wallet is a fair expectation.

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