Regulation & Compliance
December 11, 2024
A survey conducted by Compass Plus, an international provider of electronic payments and retail banking software to processors and financial institutions, has revealed that industry expectations about the future of mobile payments are not aligned with consumer attitudes. Almost 60% of industry experts believe that one day traditional wallets will be replaced by mobile wallets, however, when asked how they will pay in 10 years’ time, just 6% of consumers believed their main payment method would be using a mobile. Read more here.
The Payments Association
St Clement’s House
27 Clements Lane
London EC4N 7AE
© Copyright 2024 The Payments Association. All Rights Reserved. The Payments Association is the trading name of Emerging Payments Ventures Limited.
Emerging Ventures Limited t/a The Payments Association; Registered in England and Wales, Company Number 06672728; VAT no. 938829859; Registered office address St. Clement’s House, 27 Clements Lane, London, England, EC4N 7AE.
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