Emerging Technologies For Consumer Payments
CRMToday reviews a recent TowerGroup research report on the effects that emerging technologies could have on consumer payments over the next ten years.
"By 2015, a substantial share of consumer payments globally will have moved from cash to other payment mechanisms," said Theodore Iacobuzio, managing director in TowerGroup's Executive Research Office and content lead on the European Banking & Payments practice at TowerGroup. "Many of these new form factors are already being tested in broad consumer settings in countries around the globe - from contactless payment terminals and fingerprint recognition payments, to mobile and micropayment roll-outs."






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