Millennials more open to mobile payments

News in brief

News in brief

Among US and UK consumers who have not yet used a mobile wallet, 18-34 year olds are the most enthusiastic when asked about the potential benefits, research from JWT Intelligence has found. “These consumers are more interested than others in using a phone to pay if it makes transactions faster, makes splitting bills easier, can replace cash in low-denomination payments and helps keep track of purchases,” the company reveals.

Filed by Email Rian Boden nfcworld.com Published 21 November 2014, 12:09 • Last updated 21 November 2014, 12:09