Mobile Payments - a Long, Relentless War of Attrition
JUNE 5, 2017
The key barrier to the adoption of these mobile payment innovations is that while the payment system that we’ve long used is highly complex and inflexible, it actually works quite well. “As it turns out, consumers like dipping and swiping just fine and are not dissatisfied with their plastic cards, even if they happen to have a phone in their hand with the capacity to use a mobile wallet.”. SmartPay , for example, offers a 10 cent discount per gallon.