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Digital Payment Is On The Rise

Video Credit: Wochit News
Published on July 2, 2020 - Duration: 00:36s

Digital Payment Is On The Rise

In the US, the in-store mobile wallet space is becoming increasingly crowded.

Most customers have an option provided by their smartphone vendor, like Apple, Android, or Samsung Pay.

But those are often supplemented by a myriad of options from other players, says Business Insider.

PayPal, banks, card issuers, major retailers, and restaurants all offer similar cards and deals.

US in-store mobile payment volume will quintuple in the next five years.

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