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Mobile Payments Surpasses E-Commerce as Top Trend Impacting Consumer Spending, According to CAN Capital Survey

Despite proliferation of mobile wallets, in-store debit and credit transactions still considered most secure

(New York, NY) [Press Release] – According to industry professionals, the growth of mobile payments technology is overtaking e-commerce as the largest trend impacting the spending habits of today’s retail consumers. That’s from a new survey by CAN Capital, Inc., the market share leader in alternative small business finance, conducted at financial services and payments conference Money20/20 this October. Nearly half (47%) of over 160 payments and financial innovation professionals surveyed agreed mobile payments is changin ...

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