Mobile payments: Trends in 2015

Experts are predicting that more and more consumers will take to mobile banking as the under-banked look for a better online shopping experience

Apple Pay uses NFC to enable payments. However, apart from the US, NFC has failed to gain momentum in other countries. Hence, “a technology is yet to be developed that can be adopted by the masses”, says Sanchit Vir Gogia, chief analyst and CEO, Greyhound Research.

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