Fed Consumer Survey Shows Security Concerns Biggest Barrier to Adoption of Mobile Payments

Fed Consumer Survey Shows Security Concerns Biggest Barrier to Adoption of Mobile Payments

Only 12% of respondents to a recent U.S. Federal Reserve Board consumer survey said they had made a mobile payment within the previous 12 months, though 25% said they were interested in using their phones as a mobile wallet.

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Fed Consumer Survey Shows Security Concerns Biggest Barrier to Adoption of Mobile Payments

Only 12% of respondents to a recent U.S. Federal Reserve Board consumer survey said they had made a mobile payment within the previous 12 months, though 25% said they were interested in using their phones as a mobile wallet.

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