February 24, 2017
Mobile payments are taking a meaningful part of the mobile commerce landscape. There’s no question that the use of online payments will continue to rise with increased internet use. Bearing this in mind, we need to ask about our payment behavior. Are we becoming a cashless society?
People in emerging and developing economies are more willing to use technology. Internet and smartphone use are likely to grow in all aspects of our life, also when it comes to shopping and payments.
Cisco Visual Networking Index Global IP Traffic Forecast, 2015–2020 predicts there will be 26.3 billion networked devices by 2020, up from 16.3 billion in 2015. What’s more, according to the latest Visa research, the number of Europeans regularly using mobile devices for payments has tripled since 2015 and is now at 54%. Another report for the