Main reasons given for not using mobile payments

Although most U.S. consumers are embracing FinTech technologies including mobile payments, there are some who are reluctant. Here are the reasons they gave in a recent FinTech Industry Outlook Report: 47% worry about protection of personal data; 46% fear fraud; 38% were not familiar; 24% preferred to use cash and 18% did not own a smartphone/tablet. How do you feel about using mobile payments? Join us for more in personal finance news and industry trends. https://1stax.com/


Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email