Time's Running Out for Banks to Get into Mobile Payments

“Using a mobile phone to pay for something at a store still isn't that big a deal — Forrester says such activity represents only 4% of mobile payments in the U.S.

But the time may finally be arriving for in-store mobile, or proximity payments executed by mobile devices. In new research, Forrester says consumer comfort, expanding technology options and migration toward payment security standards are combining to put mobile point-of-sale payments on the brink of fast growth.” <<READ MORE>>