VR Payments Will Take the Technology into the Mainstream in 2018

Virtual reality (VR) is probably one of the biggest shots for the retail industry given the rapidly increasing number of adoption cases. In fact, some professionals suggest that by the end of 2016, an estimated 43 million people will own VR products worldwide, and this is set to grow to 170 million by 2018.

The idea of applying VR technology in retail is to bring together the best of online and physical to create superior shopping experience across industries. Some estimations suggest that VR has grown by nearly four times in the last year, indicating a firm interest in the technology and its applications. Headsets like O ...

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