Are Security Concerns Preventing mPayments’ Ascent?

Comment "Consumers are worried about security but are also looking for convenience. Unsolvable?" 

Extract "Consumer awareness of mobile payments is on the rise, but that doesn’t mean consumers are more inclined to make mobile transactions. In fact, while 41 percent of North American smartphone users are aware that their devices can make mobile payments, just 16 percent have engaged in such activity. That’s just one of the more telling findings from Accenture’s recent study on mobile payments adoption."

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