September 14th, 2015 3:32 AM 0 COMMENTS

Mobile wallets using contactless technology to reach 200 million by the end of 2016: Study

The number of mobile wallets using contactless technology is expected to reach 200 million by the end of 2016, says a study from Juniper Research titled ‘Mobile Wallets: Contactless & Remote Payments 2015-2020’. If occurs, this is a 100 percent growth from the end of 2014. The reason for this growth is attributed to P2P (Person to Person) services for the unbanked in developing markets, particularly the launch of Apple... Read More

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